Resource World Magazine

D E C E M B E R / J A N U A R Y 2 0 1 8 www.resourceworld.com 23 ing through the winter, which is usually not possible for exploration projects in the Golden Triangle. We look forward to releasing a maiden resource estimate for Snip in 2018." Skeena recently announced PEA results for the Spectrum-GJ copper-gold porphyry project. The PEA and mineral resource update focuses on two deposits about 14 km apart: the porphyry copper-gold Donnelly deposit at GJ and the porphyry gold-copper Spectrum Central Zone. Conventional truck and shovel open pit mining is planned with a staged approach to production output, starting at 10,000 tonnes per day at Donnelly, ramping up to 20,000 tpd in year six when Spectrum comes on-line, and reaching 30,000 tpd in year 12. The company also has a 100% inter- est in the past-producing, underground Prosperity–Porter Idaho-Silverado silver property that hosts a historical indicated resource of 394,700 tonnes grading 868 g/t silver, 3.37% lead and 1.41% zinc. Spearmint Resources Inc. [SRJ-TSXV; SPMTF-OTC; A2AHL5-Germany] is acquiring the Buddy claims that directly border the EL North claims currently held by Spearmint. These claims are directly bordering the Garibaldi Resources ground. The company's Golden Triangle gold pros- pects comprise four separate claim blocks totalling 4,095 acres bordering GT Gold Corp. and the 3,052-acre NEBA copper- gold prospect, bordering Aben Resources. Teuton Resources Corp. [TUO-TSXV; TEUTF-OTC; TFE-FSE] has some 18 mineral properties in the Golden Triangle. Partial assay results for sampling conducted in 2017 on its 100%-owned Pearson property have been received. The Pearson property is 20 km south-southwest of Seabridge Gold's KSM property. Various grab sam- ples taken from structures on the Pearson claims, mostly either quartz veins or dio- rite, ranged from trace to 8.57% copper, trace to 0.07% cobalt, trace to 16.7% zinc, trace to 29.2% lead, trace to 451 g/t silver, and trace to 12.7 g/t gold. On the Pearson North property, Teuton discovered a zone with multiple occur- rences of malachite and azurite. Many vein samples were taken from carbonate altered areas found mostly within the malachite rich zone which ran trace to 7.06% cop- per, 0.2 to 321 g/t silver and 0.05 to 68.69 g/t gold (2.01 oz/ton gold). A reconnais- sance program consisting of prospecting and sampling began in mid-July 2017 over many of the company's Golden Triangle properties. See Treaty Creek update under Tudor Gold below. Trifecta Gold Ltd. [TG-TSXV] recently acquired a 100% interest in the Handsome Jack property located less than 5 km southeast of Stewart and immediately adjacent to Skeena Resources Ltd.'s past- producing Porter Idaho Project, which covers an extensive, high-grade, silver- bearing vein system. Trifecta plans to systematically prospect the newly exposed areas next summer. Tudor Gold Corp. [TUD-TSXV] has several prospects in the Golden Triangle. The resource delineation program for the Copper Belle Zone of the 60%-owned Treaty Creek property, 70 km north of Stewart, was completed with 27 holes to depths below 700 metres and with step-outs of 50 metres where possible. American Creek Resources and Teuton Resources each have a 20% interest. Treaty Creek is in the same hydrothermal sys- tem as Seabridge Gold's KSM Project and Pretium's Brucejack Project. Over 13,722 metres of drilling were com- pleted at the Copper Belle Zone in 2017. Hole CB-17-04 returned 176.2 metres of 0.8 g/t gold. Hole CB-17-06 returned 410.00 metres of 0.672 g/t gold and 3.1 g/t silver. A new zone of gold-bearing miner- alization has been discovered on the Treaty Creek property. The new zone was intersected in Hole HC-17-01 which was designed to test for northern extensions of GR2 Zone mineralization as encountered in earlier drilling. The hole intersected 7.15 metres grading 6.20 g/t gold. Tudor Gold has 100% interests in the Mackie, Eskay North, Orion, Fairweather, Delta and High North properties, all in the Golden Triangle. n

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