Tudor Gold Announces Closing of Agreements to Assume and Terminate Royalty Agreement to Buydown a 1.02 % Net Smelter Return on Key Claims on the Treaty Creek Property
Pursuant to the terms of the Royalty Agreement, American Creek Resources Ltd. ("American Creek") also held certain buyback rights in respect of the NSR.
- Pursuant to the terms of the Royalty Agreement, American Creek Resources Ltd. ("American Creek") also held certain buyback rights in respect of the NSR.
- Tudor is also pleased to announce the Exchange has provided approval to and the Company has closed the termination agreement (the "Termination Agreement") with American Creek previously announced on September 30, 2021.
- The 17,913 hectare Treaty Creek project (in which TUDOR GOLD has a 60% interest) borders Seabridge Gold Inc.'s KSM property to the southwest and borders Pretium Resources Inc.'s Brucejack property to the southeast.
- In April 2021, Tudor published their 43-101 technical report, "Technical Report and Initial Mineral Resource Estimate of the Treaty Creek Gold Property, Skeena Mining Division, British Columbia Canada" dated March 1, 2021 on the Company's Sedar profile.