TUDOR GOLD Continues To Grow Copper Belle; Hole 37b Returns 482 m of 0.486 g/t gold, including 175.5 m of 0.790 g/t gold
The deep drilling program is now finished for the season and results of core sampling have been received for six of the nine holes completed. The first two holes were reported in the August 24 news release.
Walter Storm, President and CEO, stated: “As the assay results come in from our deep drilling program at Copper Belle, the gold mineralized zone is really taking shape. We are seeing thick intervals of good gold grades in our northernmost hole reported to date. This indicates to us that the strong Copper Belle mineralization may continue to the north-northeast of our current drilling.”
Holes CB-18-34 and 37B were drilled to the northwest at angles of approximately 75 degrees into the central part of a strong magnetic high (see map below) and returned broad intervals of gold mineralization. Holes CB-18-33B and 35B, located approximately 150 m farther to the west, were also drilled northwesterly; however, the gold values were lower in these two holes. The objective of the 2018 drill program was to better define the extent of the Copper Belle zone and the results from these holes have accomplished that. Excellent gold intercepts from our northernmost hole reported to date and moderately strong magnetic intensity extending north-northeasterly from the north end of the drill grid, indicate that the zone has good potential to continue in that direction.
Gold, silver and copper results for holes CB-18-33B, CB-18-34, CB-18-35B and CB-18-37B , as well as hole 37, which was lost at 131.2 m, but re-drilled as 37B, are summarized in the table below.
CB-18-34 had two wide intervals of gold mineralization; 0.554 g/t Au over 178.5 m, which included 0.830 g/t Au over 75.0 m and a lower zone of 0.344 g/t Au over 94.5 m. The gold mineralized intervals are primarily hosted by andesitic tuff and fragmental rocks that are moderately silicified, chlorite and sericite altered, and cut by abundant fine quartz-carbonate veins. Pyrite content averages about 10%, occurring as disseminations and local coarse masses in the host rocks, as well as within some of the quartz-carbonate veins, with rare chalcopyrite and arsenopyrite.
CB-18-37B also intersected two zones of mineralization over impressive widths; the upper zone averaged 0.772 g/t gold over 43.5 meters and the lower zone returned 0.486 g/t Au over 482.0 m, which included intervals of stronger alteration and mineralization, such as 0.790 g/t gold over 175.5 meters. The host rocks are similar to those in hole CB-18-34 and higher gold grades are associated with increased silicification, potassic alteration and pyrite content.
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