The purchase was part of the February 2019 share placement but required approval from shareholder which was gained earlier this month.
The share purchase increases Tudor’s total holding in the company to 759,112 shares.
The company most recent focus has been on the Wallbrook Gold Project in Western Australia where a 6,960 metre reverse circulation (RC) drill program has been completed.
Highlights from the Crusader and Paint prospects included:
• Crusader: 27 metres at 3.18 g/t gold from 61 metres;
• Crusader: 35 metres at 2.85 g/t gold from 25 metres;
• Paint: 20 metres at 0.58g/t gold including 4 metres at 2.17 g/t gold; and
• Paint: 16 metres at 0.89g/t gold including 8 metres at 1.70 g/t gold.