Tudor Gold Corp. presented the fourth set of drill results for the 2023 exploration program at their property, Treaty Creek, located in the heart of the Golden Triangle of Northwestern British Columbia. The Company has safely and successfully completed the 2023 drilling program with a total of 31,904 meters (m) drilled within areas encompassing the Goldstorm Deposit and the Perfectstorm Zone.

The assay results reported in this release are from six drill holes that targeted both the southwestern and the northeastern areas of the Perfectstorm Zone (PSZ) located approximately 1500 m apart. Section A (Northeast PSZ) PS-23-11: Drilled on section with the original 2020 PSZ drill holes, PS-20-01 and PS-20-02, to explore the down dip projection of the open mineralized trend. A new gold-bearing zone was intersected near surface returning 136.0 mof 0.71 g/t AuEQ(0.69 g/t Au, 1.26 g/t Ag), that included 23.4 mof 1.75 g/t AuEQ(1.74 g/t Au, 0.90 g/t Ag), as well as 20.1 mof 1.34 g/t AuEQ (1.30 g/t Au, 4.21 g/t Ag).

Further downhole, porphyry mineralization that had been observed in the 2020 holes was encountered, extending the lower zone 200 m to the northwest with an interval of 138.95 mof 0.52 g/t AuEQ(0.43 g/t Au, 4.99 g/t Ag, 0.04 % Cu). PS-23-12: Drilled in the opposite direction along the same section line to continue exploring the lower porphyry gold-silver-copper zone. This hole intersected 122.0 mof 0.71 g/t AuEQ(0.61 g/t Au, 2.96 g/t Ag, 0.06 % Cu), including an enriched interval of 10.5 mof 3.07 g/t AuEQ(2.63 g/t Au, 3.68 g/t Ag, 0.34 % Cu).

This intercept is located 150 m to the southeast from the 2020 drill holes and expands the lower NE PSZ mineralization to a drilled length of 500 m. Section B (Southwest PSZ) PS-23-07: Drilled as a 400 m step-out from 2021 PSZ drill hole PS-21-06, to continue exploring and expanding the system to the southwest. This drill hole intersected intermittent mineralized quartz-carbonate veins in the upper part, followed by a 27.0 mwide mineralized shear zone, from 541.0 to 568.0 m down hole, which assayed 1.34 g/t AuEQ(1.02 g/t Au, 30.13 g/t Ag, 0.02 % Cu). One 1.5 msample returned 444.0 g/t Ag with native silver observed in the drill core.

PS-23-08: Drilled on the same section to explore to the northwest and to define the stratigraphy and structures of the area. This drill hole intersected multiple mineralized vein zones, two of which returned 15.0 mof 1.19 g/t AuEQ(1.15 g/t Au, 2.83 g/t Au, 0.02 % Cu), and 9.0 mof 0.93 g/t AuEQ(0.90 g/t Au, 1.66 g/t Ag, 0.01 % Cu) at a shallow depth of 154.5 m down hole. PS-23-09: Drilled to further define the vein zones and structures observed in hole PS-23-08.

Multiple mineralized zones were intersected, including 18.0 mof 0.98 g/t AuEQ(0.96 g/t Au, 1.84 g/t Ag, 0.01 % Cu), and 33.0 mof 0.77 g/t AuEQ(0.74 g/t Au, 1.63 g/t Ag, 0.01 % Cu). PS-23-10: Drilled at a relatively shallow dip to the south to explore for extension of the mineralized zone encountered in drill hole PS-23-07. This hole intersected 102.15 mof 1.28 g/t AuEQ(1.23 g/t Au, 3.43 g/t Ag, 0.01 % Cu) including two enriched zones comprising 42.5 mof 1.87 g/t AuEQ(1.80 g/t Au, 5.76 g/t Ag, 0.02 % Cu), and 25.5 mof 1.60 g/t AuEQ(1.58 g/t Au, 1.81 g/t Ag, 0.01 % Cu).

Further downhole a high-grade vein zone was intersected and returned 1.5 mof 24.70 g/t gold. These results are the higher gold grades seen at PSZ to date and they are located between the Goldstorm Deposit, 3 km to the northeast, and Seabridge Gold's Iron-Cap Deposit, 2.5 km to the southwest.