November 29, 2017
Vancouver, B.C.

TUDOR GOLD Completes Electrum Property Access Road

TUDOR GOLD Corp. (TSXV: TUD) (FSE: TUC) (the “Company” or “TUDOR GOLD”) is pleased to report that during the 2017 field season an access road to the Electrum property has been completed.
In 2015/16 the access road from the end of the Granduc Mine Road to the Electrum property was refurbished and upgraded over a 3.5 kms distance. This past summer Tudor invested $270,000 to complete a new 700 metre extension into the Electrum Project. The property is now connected by road to an all season deep water port at Stewart, BC. Additional important infrastructure includes Long Lake Hydro Power infrastructure, Stewart Airport and Highway 37.
"We are very pleased to have completed this access road, which will now allow us to proceed with a 10,000 ton bulk sample of this high grade gold/silver mineralized zone, subject to receipt of permits. A bulk sample in combination with past drill results will further our geological understanding and unlock value of this high grade mineralized system."

Walter Storm, President and CEO

Background on the Electrum Property

The Electrum property is a 60:40 joint venture between TUDOR GOLD (as operator) and American Creek Resources Ltd. It is located between the past producing Premier gold mine (in the 1920’s North America’s greatest dividend payer), and British Columbia’s newest gold mine, the Valley of the Kings. Recently commissioned at a cost of $1 Billion dollars, it hosts proven and probable reserves of 8.1 million ounces of gold (see www.pretivm.com). Within this area are several other past producing mines as well as new projects undergoing exploration.

 

One portion of the Electrum property includes the historic East Gold mine which was hand mined between 1939 and 1965, producing 3,816 oz of gold and 2,442 oz of silver from 45 tons of selected ore (BC Ministry of Mines Assessment Report 30206). These historic production values have not been independently verified by TUDOR GOLD.

 

Due to a serious back-log of assays involving multiple exploration companies, Tudor is still waiting for approximately 40% of outstanding assays from the two separate areas drilled this year on the property, the Copper Belle and GR2 (HC) zones. Representatives from Tudor have visited the Laboratory and made these concerns known.

About TUDOR GOLD

TUDOR GOLD is a precious and base metals explorer with properties in British Columbia’s Golden Triangle, an area that hosts producing and past-producing mines and several large deposits that are approaching potential development. The 17,913 hectare Treaty Creek project (in which TUDOR GOLD has a 60% interest) borders Seabridge Gold Inc.’s KSM property to the southwest and borders Pretium Resources Inc.’s Brucejack property to the southeast. The Company also has a 100% interest in the Electrum Project, earn in options and 100% interests in other prospective projects located in the Golden Triangle area.

Contact Information

Cathy Hume

CHF Capital Markets

Phone:416-868-1079 Ex 231

Cautionary Statements regarding Forward-Looking Information

Certain statements contained in this press release constitute forward-looking information. These statements relate to future events or future performance. The use of any of the words “could”, “intend”, “expect”, “believe”, “will”, “projected”, “estimated” and similar expressions and statements relating to matters that are not historical facts are intended to identify forward-looking information and are based on the Company’s current belief or assumptions as to the outcome and timing of such future events. Actual future results may differ materially. 

All statements other than statements of historical fact included in this release, including, without limitation, statements regarding analysis and re-interpretation of data, and potential mineralization and geological merits of the Treaty Creek Project and other future plans, objectives or expectations of the Company are forward-looking statements that involve various risks and uncertainties. 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. Forward-looking statements are based on a number of material factors and assumptions. Important factors that could cause actual results to differ materially from Company’s expectations include actual exploration results, changes in project parameters as plans continue to be refined, results of future resource estimates, future metal prices, availability of capital and financing on acceptable terms, general economic, market or business conditions, uninsured risks, regulatory changes, defects in title, availability of personnel, materials and equipment on a timely basis, accidents or equipment breakdowns, delays in receiving government approvals, unanticipated environmental impacts on operations and costs to remedy same, and other exploration or 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 actions, events or results to differ from those described in forward-looking statements, there may be other factors that cause such actions, events or results to differ materially from those anticipated. There can be no assurance that forward-looking statements will prove to be accurate and accordingly readers are cautioned not to place undue reliance on forward-looking statements. 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.