December 7, 2017
Vancouver, B.C.

TUDOR GOLD Corp. reports on high-grade gold and silver mineralization on GR2 Zone of Treaty Creek Property

TUDOR GOLD Corp. (TSX.V: TUD) (Frankfurt: TUC) (the “Company” or “TUDOR GOLD”) is pleased to announce final results for the 2017 exploration season from the GR2 Zone of its Treaty Creek property. The HC extension of the GR2 Zone was discovered during the 2017 exploration program and carries high-grade gold and silver mineralization.

TUDOR GOLD Corp. reports on high-grade gold and silver mineralization on GR2 Zone of Treaty Creek Property

The Treaty Creek property is situated north of the Seabridge Gold Inc. KSM property and Pretium Resources Inc. Valley of the Kings Mine in the Golden Triangle, which are situated along the Sulphurets and Brucejack fault systems that continue into the Treaty Creek property.

 

The GR2/HC drill program augmented the previous drill holes in the zone and consisted of 17 drill holes totaling 5,401 meters in 2017.  The program was designed with a maximum of 50 metre step-outs in the mineralized zone to prepare for a preliminary resource estimate.

 

The GR2/HC zone appears to be a gold-rich VHMS deposit in which the feeder vein system and the stratabound lenses have been intersected. A later Ag-(Pb-Zn-Sb-Cu) vein system was also found reactivating some of the previous structures in the same area where the HC extension is located. These veins are late in the formation and are hosted in the volcaniclastic sequence or in the younger Jurassic Hazelton sequence, crosscutting (and reactivating) previous HC related feeder vein system and HC stratabound lenses. The RR Ag-base metal vein holes are collared 800m north of the HC zone, following the same structure.

 

Thirty-six drill holes have been drilled to date in the GR2, covering an area approximately 400m along strike and 450m down dip at 50m space increments that show consistent geology and which demonstrate the distribution and continuity of the feeder vein system, the strata-bound zone, and the late silver-base metal vein system.  Historical surface sampling carried out by previous operators to both the north and south of the GR2/HC zone indicates that the main mineralized structure potentialy extends 3,000m along strike. The mineralized structure remains open to the north and south beyond the existing drill holes, and down dip.

Location map of the drill plan

Significant drill results summary - HC Zone

HoleFromToInterval*Au g/tAg g/t
HC-17-0979.0581.052,0012.21
including79.0579.950.910.58.3
including79.9580.60.6511.715.2
including80.681.050.4516.468.5
and81.0581.60.550.3998.6
and81.682.40.81.715.2
HC-17-11221.15230,009.74.89
including222.7224.51.810.27
including221.1222.1501.053.1711
222.15222.70.550.243.7
222.7223.10.49.486.3
223.1223.50.49.147.2
223.5224,000.53.489.8
224,00224.50.518.611
224.5225,000.52.967.9
225,00225.50.51.126.3
225.5226.250.754.1619.3
226.25227.150.98.99.4
227.15227.750.63.425.9
227.75229.151.42.236.9
229.152300.851.66.2
230230.80.87.279.3
230.8231.91.15183.9
231.92331.12.938.9
233233.90.91.714.7
HC-17-13306.7316.19.44.25
including306.7311.354.655.81
including306.7307.50.84.8412.9
307.5308.516.4210.9
308.5309.511.349.6
309.5310.5111.919.4
310.5311.350.8504.0810.9
311.35312.35101.0610.8
312.35312.950.61.5512.3
312.95313.450.53.69
313.45313.80.354.585.2
313.8314.150.358824.8
314.15314.750.67.6520.8
314.75315.20.451.598.4
315.2315.450.251845.1
315.45316.10.652.912.5
HC-17-15290.7291.40.77.8621.1
and298.6300.11.504.03
including298.6299.10.53
299.1299.40.36.58
299.4300.10.73.68
HC-17-16306.9307.40.51.28
and307.4308.30.96.77

Significant drill results summary - HC Feeder Veins

HoleFromToInterval*Au g/tAg g/t"AuEq** (g/t)"
HC-17-10274.8275.60.86.425.136
and275.6276.30.74.052.835
HC-17-11181.35182.751.410.4415.96
including181.35182.250.911.831.2
and182.25182.750.57.99433
HC-17-1794.9595.850.95.7
and380.6381.751.158.17

Significant drill results summary - HC Ag-(Base Metal) Veins

HoleFromToInterval*Au g/tAg g/tAuEq** (g/t)
HC-17-0838.238.50.310.715112.62
and91.5591.80.2514.553021.25
and98.298.60.45.186.2
and100.1100.50.40.529473060.81
HC-17-0987.888.40.61.14119016.31
and143.4146.252.851.011118.3515.26
including143.4144.050.650.552173014.69
and144.05144.650.60.082780.65
and144.65146.2501.061.54126028.16
HC-17-13206,00207,001,001.27647.89.53
including206,00206.60.61.273110.52
including206.6207,000.41.3852308.05
and207,00207.550.550.48675.8
and207.55208.20.650.3812473.53
and208.2208.950.750.18279
and208.95209.50.550.433144.43
and216.65218.851.655.4123.569.42
including216.65217.10.453.3313205.01
including217.1217.80.710.529814.30
including217.8218.30.57467.70.84
including218.3218.850.554.8428.15.20
HC-17-16100100.950.951.391573.39
and205.1205.50.47854256.20
and221.3221.50.2423003.87
and275.32760.74921051.83
and27627714981762.74
HC-17-17222.9223.850.952.381223.93
and228.352290.6567268.31.54
and299233.64.601.09417.516.41
including229229.450.450.583144.58
including229.45230.30.851.1286412.13
including230.3230.850.556021071.97
including230.85231.20.356372343.62
including231.2231.650.4589114.801.08
including231.65232.40.753.1133.15
including232.4233.61.24227469.93

Significant drill results summary - RR Ag-base Metal Veins

HoleFromToInterval*Ag (g/t)
RR-17-0341.342,000.7119
and48,0048.80.8544
and57,0057.60.6206
and62,0063,001,00166
RR-17-046,007,001,00399
and7,008,001339

*True thickness of all above mineralized intervals still to be determined.
**AuEq calculated assuming Au USD$1,275/oz and Ag USD$16/oz.

Walter Storm about the results

Walter Storm, President and CEO of TUDOR GOLD commented as follows: “We are very encouraged by the results from the GR2 Zone and the indication that the strata-bound high grade gold mineralization remains open for further expansion. The HC extension combined with the recent silver and base metal vein event is also promising as the multiple commodities add increasing value to the overall mineralization.  The GR2 Zone represents a strategic target for our 2018 exploration plans.”

All technical information for TUDOR GOLD Corp’s Treaty Creek Gold Project was obtained and reported under formal quality assurance and quality control (“QA/QC”) procedures and guidelines. TUDOR GOLD’s procedures are designed to meet “Best Practices Guidelines” and National Instrument 43-101 standards of disclosure. QA/QC protocols for drill core sampling and assaying include the insertion and monitoring of appropriate reference materials (certified standards, blanks and duplicates) to validate the accuracy and precision of the assay results.

All drilling samples were collected following industry standard practice. Activation Laboratories Ltd. prepared and assayed the samples at its laboratory in Kamloops, B.C. Gold samples were analyzed by a 30g Fire Assay method, then if Au>10 gpt, were re-analysed by 30g Fire Assay with AAS finish. Ag were analysed by 0.5g Aqua Regia digestion, ICP-OES (along with other elements). Then if Ag>100ppm, were re-analysed by 30g FA with gravimetric finish.

The technical information contained in this news release has been reviewed and approved by the Company’s Exploration Manager, Raul Sanabria, M.Sc., EurGeol., P.Geo., who is a “Qualified Person” as defined under National Instrument 43-101.

About TUDOR GOLD

TUDOR GOLD Corp. 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. In March 2021, Tudor published their INITIAL MINERAL RESOURCE ESTIMATE with 19.4 million ounces AuEq of 0.74 g/t AuEq (measured and indicated) and 7.9 million ounces AuEq of 0.79 g/t AuEq (inferred). 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

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 connation 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.