TUDOR GOLD CORP NEW - TDRRF STOCK NEWS

Tudor Gold Corp. (TSXV: TUD) has announced the discovery of a fourth high-grade gold target, Supercell-1D (SC-1D), at its Treaty Creek Project in British Columbia's Golden Triangle. The company reported significant drill results from its 2024 exploration program, including:

- Hole GS-24-187: 10.92 g/t AuEQ over 3.00 m within SC-1C and 5.70 g/t AuEQ over 3.00 m within SC-1D

- Hole GS-24-185: 1.01 g/t AuEQ over 200.50 m in the CS-600 Domain and 9.60 g/t AuEQ over 13.50 m in SC-1D

- Hole GS-24-186: 10.40 g/t AuEQ over 1.50 m in SC-1A

The Supercell-One Zone (SC-1) system now extends over 800 m in length and 400 m in depth, with all four stacked, sub-parallel structures remaining open in all directions. The company believes this discovery has great potential to enhance the economic advantage of the Treaty Creek Project.

Tudor Gold Corp. (TSXV: TUD) has responded to Seabridge Gold's press release regarding a license of occupation granted by the Government of British Columbia. Tudor Gold states that it has not received any copy of the license or been informed of the reasons for granting it. The company maintains that:

1. Section 50(1)(a)(ii) of the Land Act restricts any disposition of Crown lands from interfering with mineral tenure rights.

2. No grant of mineral reserve can grant mineral title rights or interfere with pre-existing rights.

Tudor Gold intends to take all necessary steps to protect its mineral tenure rights, property rights, and shareholders. This may include legal action for damages if required. The company will review its options once it receives official documentation and reasons for the license grant from the government.

Tudor Gold Corp. (TSXV: TUD) has signed an agreement with Fuse Advisors to advance its Treaty Creek Project in the Golden Triangle of Northwestern British Columbia. Fuse Advisors will provide project, technical, and advisory services to help Tudor refine its vision and strategy for the Goldstorm gold-copper project. The primary goal is to define the optimal project from technical, environmental, and economic perspectives through various trade-off studies.

Tudor Gold has also engaged SRK Consulting for preliminary studies on mining methods and critical site locations, including tailings management. Fuse Advisors will ensure these deliverables are completed on time, within budget, and to the highest standard for a Preliminary Economic Assessment (PEA). This partnership aims to identify the most suitable engineering firms to drive the project forward and deliver a comprehensive PEA.

Tudor Gold Corp. (TSXV: TUD) (FSE: H56) has granted 6,750,000 stock options to its directors, officers, and consultants. These options are part of the company's stock option plan and come with specific terms:

- Exercise period: 5 years
- Exercise price: $0.96 per option

This move is typically aimed at aligning the interests of key personnel with those of the company and its shareholders, potentially incentivizing long-term performance and retention.

Tudor Gold Corp. (TSXV: TUD) has announced its intention to extend the term of 2,576,000 common share purchase warrants. These warrants, originally issued as part of a private placement that closed on September 22, 2022, are currently set to expire on September 22, 2024. Subject to approval from the TSX Venture Exchange, Tudor Gold plans to extend the expiration date to September 22, 2025. The warrants remain exercisable at a price of $1.75 per share, with all other terms remaining unchanged. This extension could provide warrant holders with an additional year to exercise their rights to purchase Tudor Gold shares at the predetermined price.

Tudor Gold Corp. (TSXV: TDRRF) has announced significant results from its 2024 exploration drilling program at the Treaty Creek property in British Columbia's Golden Triangle. The company intersected 9.60 g/t Gold Equivalent (AuEQ) over 13.50 meters within the Supercell-1C (SC-1C) zone in drill hole GS-24-185, representing a 140-meter step-out from previous drilling.

The Supercell-One system has expanded with the discovery of two additional sub-parallel hydrothermal gold-bearing quartz micro-breccia systems (SC-1A and SC-1B) above the original SC-1C. The gold-rich SC-1 system now covers an area up to 800 meters in length by 400 meters in depth, with all three sub-parallel structures remaining open in all directions and depth.

Tudor Gold Corp. (TSXV: TUD) has announced significant results from its 2024 exploration program at the Treaty Creek property in British Columbia's Golden Triangle. The company has discovered new high-grade gold targets within the Supercell-One Zone (SC-1) of the Goldstorm Deposit. Key highlights include:

- Drill hole GS-24-183-W1 intersected 13.89 g/t Gold Equivalent (AuEQ) over 6.30 meters

- Hole GS-24-181 yielded 11.05 g/t AuEQ over 3.0 meters

- Hole GS-24-184 returned 8.09 g/t AuEQ over 6.15 meters

The Supercell-One system now appears to consist of at least three sub-parallel high-grade gold structures (SC-1A, SC-1B, SC-1C) within an area measuring up to 800m in length by 400m in depth. These structures remain open in all directions, suggesting significant potential for expansion.

Tudor Gold Corp. (TSXV: TUD) has submitted materials opposing KSM Mining ULC's application for a new License of Occupation (LoO) to protect its mineral tenures at the Treaty Creek project. The company argues that any LoO allowing KSM Mining to construct MTT tunnels through Tudor's claims is subject to Tudor's prior rights. President & CEO Ken Konkin emphasized Tudor's commitment to protecting its newly discovered Goldstorm Deposit while expressing willingness to collaborate with Seabridge Gold to find a mutually beneficial solution. This action follows Tudor's previous stance announced in November 2023, highlighting the ongoing dispute over mineral rights and access in the region.

Tudor Gold has announced its strategic plan for the next 12 months, focusing on the Treaty Creek gold and copper project in British Columbia's Golden Triangle. Key objectives include completing exploration and definition drilling by Q3 2024, advancing metallurgical tests, progressing preliminary permitting and environmental requirements, and completing a Preliminary Economic Assessment (PEA) by Q2 2025.

The company started a 10,000-meter diamond drilling program in May 2024, with 4,000 meters completed to date. Initial results show promising high-grade gold intersections. Previous drill results from SC-1 included significant gold, silver, and copper intercepts.

Metallurgical studies aim to improve copper and gold recovery from the Goldstorm Deposit. The upcoming PEA will outline a phased production strategy, focusing on high-grade zones to maximize IRR. Environmental studies will support the project's economic evaluation and permitting process.