Tudor Gold Corp. / TUD (CVE)

Tudor Gold Significantly Increases Ounces and Grade in an Updated Mineral Resource Estimate for the Goldstorm Deposit at Treaty Creek, British Columbia with an Indicated Mineral Resource of 27.87 Moz AuEQ at 1.19 g/t AuEQ

Highlights of the 2024 Updated Mineral Resource Estimate for the Goldstorm Deposit:

• Increased the Indicated Mineral Resource by 19% in gold equivalent ounces (AuEQ), consisting of a 16% increase in gold (Au), 14% increase in silver (Ag) and 32% increase in copper (Cu).

• Indicated Mineral Resource of 27.87 million ounces (Moz) of AuEQ within 730.20 million tonnes (Mt) at a grade of 1.19 g/t AuEQ; comprised of:

• 21.66 Moz of Au at 0.92 g/t, 128.73 Moz of Ag at 5.48 g/t, and 2.87 billion pounds (Blbs) of Cu at 0.18%.

• Inferred Mineral Resource of 6.03 Moz of AuEQ within 149.61 Mt at a grade of 1.25 g/t AuEQ; comprised of:

• 4.88 Moz of Au at 1.01 g/t, 28.97 Moz of Ag at 6.02 g/t, and 503.23 million pounds (Mlbs) of Cu at 0.15%.

• The CS-600 domain, comprised of a monzodiorite intrusive stock and associated gold-copper porphyry system, constitutes a large part of the deposit with an Indicated Mineral Resource of 15.65 Moz of AuEQ within 400.29 Mt at a grade of 1.22 g/t AuEQ; consisting of:

• 9.99 Moz of Au at 0.78 g/t; and 2.73 Blbs of Cu at 0.31%.

• An 58% increase in the AuEQ ounces within the CS-600 domain.

• The 2023 drilling improved our geologic understanding of the mineralization in the northern portion of the deposit. The NS-STK Domain was reinterpreted to be a NE-SW trending stockwork and is associated with the 300H Domain mineralization. This system has now been separated into its own mineral domain, named 300-N.

• Advanced metallurgical studies and refined the pit constrained and underground cutoff grades, increasing the pit constrained cutoff from 0.5 to 0.7 g/t AuEQ and the underground cutoff from 0.7 to 0.75 g/t AuEQ.

• Substantially reduced the pit size which eliminated the necessity to remove the glacier and reduced the strip ratio.

• The Goldstorm Deposit remains open to the south, north, northeast and at depth.

American Creek Announces Non-Binding Letter of Intent and Exclusivity with Cunningham Mining Regarding Proposed Plan of Arrangement

American Creek Resources Ltd. (TSXV: AMK) ("American Creek" or the "Company"), announces that it has entered into a non-binding and arm's length letter of intent dated June 5, 2024 (the "LOI") with Cunningham Mining Ltd. ("Cunningham"), a private British Columbia corporation, to engage in due diligence and negotiations regarding the terms of a proposed transaction (the "Proposed Transaction") whereby Cunningham, or a subsidiary of Cunningham, would acquire all of the issued and outstanding securities of the Company. Through this proposed transaction, Cunningham would acquire control of the Company's 20% fully carried interest in the Treaty Creek Property which has an Indicated Mineral Resource of 27.87 million ounces (Moz) of AuEQ grading 1.19 g/t AuEQ and an Inferred Mineral Resource of 6.03 Moz of AuEQ grading 1.25 g/t AuEQ (see complete description below). If the parties agree to proceed with the Proposed Transaction, the Company expects the Proposed Transaction will be carried out by way of a court-approved plan of arrangement (the "Arrangement") under the Business Corporations Act (British Columbia) (the "BCBCA").

The Company's Board of Directors (the "Board"), after an extensive period of negotiation and consideration of various alternatives, has approved entry into the LOI, pursuant to which Cunningham proposes to acquire all the issued and outstanding securities of the Company, including all common shares of the Company (the "Common Shares"), at a price of $0.43 Cdn per Common Share, payable in cash (the "Consideration"). The Consideration represents a premium of approximately 274% to the $0.115 Cdn closing price of the Common Shares on the TSX Venture Exchange (the "TSXV") on June 5, 2024 (the last trading day prior to the execution of the LOI). The LOI is non-binding and there can be no assurance that the Proposed Transaction contemplated by the LOI, or any other transaction, will be completed. Closing is subject to a number of conditions and uncertainties described below.

274% Premium...C$209.5 million in Cash für 20% carried interest

Teuton hat auch 20% carried interest + Royalty (Market Cap. C$78,57 million)

Tudor hat 60% Anteil (Market Cap. C$185,8 million)

Da sollte Bewegung in die Kurse kommen.

Hoffe es treten jetzt noch andere Interessierte auf den Plan, um den Kurs von AMK in die Höhe zu treiben. Der Aufschlag ist zwar ganz nett, aber mittel- bis langfristig wäre bei steigenden Goldpreisen imho deutlich mehr drin gewesen.

Zitat von Sorgenfrei

https://ceo.ca/@newsfile/ameri…-binding-letter-of-intent

Teuton hat auch 20% carried interest + Royalty (Market Cap. C$78,57 million)

Da sollte Bewegung in die Kurse kommen.

Bin bei Teuton investiert, aktuell bei +18%.

Wird aber wichtiger sein, was in Kanada passiert

American Creek legt + 85 % hin. Teuton + 10 %, bei Tudor keine Reaktion. Ich habe American Creek vor einiger Zeit (leider) verkauft. Zum vorgesehenen Kaufpreis von 0.43 CAD lägen nochmals 100 %...

Hi,

ich halte meinen AMK Bestand bisher fest in meinem Depot.
Sollte der Verkauf für 0,43 CAD… Anmelden oder registrieren

Tudor Gold Outlines Strategic Plan for the Next 12 Months Focused on Advancing the Treaty Creek… Anmelden oder registrieren