Tudor Gold Appoints Daniel Le Dressay as Director

VANCOUVER, BC, August 3, 2023 – Tudor Gold Corp. (TSXV: TUD) (Frankfurt: H56) (the “Company” or “Tudor Gold“) is pleased to announce the appointment of Daniel Le Dressay as a director of the Company.

Mr. Le Dressay is a lawyer with 38 years of experience as a Barrister conducting trials and appeals, and he has a law practice in Vancouver, British Columbia. He is a graduate of the University of Regina, Bachelor of Arts Honours (with High Honours), and Master of Arts (1981). Mr. Le Dressay graduated from the University of Saskatchewan, Bachelor of Laws (with distinction) in 1984 and was admitted to the Law Society of British Columbia in 1985, and to the State Bar of Arizona in 2004. He was a college instructor at Langara College in Vancouver, B.C. from 2006 to 2015 teaching Business Law and International Law. He is a member of the Canadian Bar Association and the American Bar Association.

Ken Konkin, President and CEO, states “Dan’s extensive background in securities law, capital markets, and the mining and exploration sector is a valuable asset that we eagerly anticipate utilizing as we advance our Treaty Creek gold and copper project. Our association with Dan spans several years, during which we have collaborated closely, and we are keen to tap into his insights at the board level. I look forward to Daniel’s future involvements as he brings a unique facet of expertise that aligns seamlessly with our current board. His knowledge in legal matters, permitting processes, and compliance intricacies enriches our collective understanding of the business landscape, and we look forward to the insight he will contribute to our endeavors.

The Company also announces the resignation of Natalie Senger as a director of the Company to focus on her current role as VP of Resource Development of Tudor Gold.

Ken Konkin comments “Speaking on behalf of the Board of Directors, I wish to thank Natalie for her dedicated commitment and valuable contributions during her tenure on the Board. I look forward to continuing our ongoing collaboration and the opportunity to harness her extensive wealth of knowledge and experience. I am confident her industry experience and expertise will undoubtedly prove invaluable not only in enhancing the technical aspects of the Treaty Creek Project but also as a very important member of our Management Team.

For further information, please visit the Company’s website at www.tudor-gold.com or contact:

Chris Curran

Head of Corporate Development and Communications

Phone: (604) 559 8092

E-Mail: chris.curran@tudor-gold.com

Carsten Ringler

Head of Investor Relations and Communications

Phone: +49 151 55362000

E-Mail: carsten.ringler@tudor-gold.com

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

Cautionary Statements regarding Forward-Looking Information

This news release contains “forward-looking information” within the meaning of applicable Canadian securities legislation. “Forward-looking information” includes, but is not limited to, statements with respect to the activities, events or developments that the Company expects or anticipates will or may occur in the future, including  the completion and anticipated results of planned exploration activities. Generally, but not always, forward-looking information and statements can be identified by the use of words such as “plans”, “expects”, “is expected”, “budget”, “scheduled”, “estimates”, “forecasts”, “intends”, “anticipates”, or “believes” or the negative connotation thereof or variations of such words and phrases or state that certain actions, events or results “may”, “could”, “would”, “might” or “will be taken”, “occur” or “be achieved” or the negative connotation thereof.

Such forward-looking information and statements are based on numerous assumptions, including among others, that the Company’s planned exploration activities will be completed in a timely manner. Although the assumptions made by the Company in providing forward-looking information or making forward-looking statements are considered reasonable by management at the time, there can be no assurance that such assumptions will prove to be accurate.

There can be no assurance that such statements will prove to be accurate and actual results and future events could differ materially from those anticipated in such statements. Important factors that could cause actual results to differ materially from the Company’s plans or expectations include risks relating to the actual results of current exploration activities, fluctuating gold prices, possibility of equipment breakdowns and delays, exploration cost overruns, availability of capital and financing, general economic, market or business conditions, regulatory changes, timeliness of government or regulatory approvals and other risks detailed herein and from time to time in the filings made by the Company with securities regulators.

Although the Company has attempted to identify important factors that could cause actual results to differ materially from those contained in the forward-looking information or implied by forward-looking information, there may be other factors that cause results not to be as anticipated, estimated or intended. There can be no assurance that forward-looking information and statements will prove to be accurate, as actual results and future events could differ materially from those anticipated, estimated or intended. Accordingly, readers should not place undue reliance on forward-looking statements or information.

The Company expressly disclaims any intention or obligation to update or revise any forward-looking statements whether as a result of new information, future events or otherwise except as otherwise required by applicable securities legislation.