Underground Mine Development
Search documents
Tudor Gold Provides 2025 Year End Review and Strategy for 2026
TMX Newsfile· 2025-12-17 10:00
Core Insights - Tudor Gold Corp. is advancing its Treaty Creek Project in British Columbia, focusing on gold resource expansion and strategic objectives for 2026 [1][6]. Exploration Program Summary - The 2025 exploration program at Treaty Creek involved 5,052 meters of drilling, successfully confirming higher-grade gold structures within the Goldstorm Deposit [3][4]. - The Goldstorm Deposit has an Indicated Mineral Resource of 730.20 million tonnes containing 21.66 million ounces of gold at a grade of 0.92 g/t, and an Inferred Mineral Resource of 149.61 million tonnes with 4.88 million ounces of gold at a grade of 1.01 g/t [2][26]. Upcoming Resource Estimates - An updated Mineral Resource estimate is underway, incorporating approximately 15,000 meters of drill data from 2024 and 2025, expected to be completed in January 2026 [4][6]. Financial Position - The company has secured approximately $24.5 million through two financings to support its development strategy for the Treaty Creek Project [7]. Development Strategy - Tudor Gold aims to develop a mid-size underground mine targeting higher-grade gold mineralization of around two grams per tonne, with plans for an underground exploration ramp to facilitate efficient drilling [6][19]. Additional Exploration Plans - The 2026 exploration season will focus on expanding known zones of higher-grade gold mineralization, including the Perfectstorm, CBS, and Eureka zones [8][12][15]. Corporate Initiatives - The company is negotiating to resolve land use conflicts with Seabridge Gold and is advancing towards consolidating 100% ownership of the Treaty Creek Project [22][23].
Perseus receives presidential decree for underground project at Yaoure mine
Yahoo Finance· 2025-09-22 09:24
Core Points - Perseus Mining has received a presidential decree for the development and operation of the CMA underground project at the Yaouré Gold Mine in Côte d'Ivoire, allowing operations to continue until at least 2035 based on current mineral resources and ore reserves [1][2] - Infrastructure works for the CMA underground mine are complete, with decline development set to begin following the commissioning of underground mining equipment by contractor Byrnecut, targeting first ore production in January 2026 and commercial production in March 2027 [2][4] - The CEO of Perseus Mining highlighted the significance of the presidential decree as a major milestone, enabling immediate access to additional ore sources for processing [3][5] - The delay in receiving formal authorization allowed for the completion of necessary infrastructure and the readiness of Byrnecut's equipment for mining operations [4] - Perseus Mining plans to invest $170 million (A$257.92 million) in the CMA underground mine, marking a new phase in its partnership with the Government of Côte d'Ivoire [5]