TUD.V · 2019-09-23 12:00:00

Tudor GOLD Further Extends the Goldstorm Mineralization with an Additional 150M Step-Out Along Strike Intercepting the Largest GOLD Interval Drilled to Date; 1081.5M Averaging 0.589 G/T GOLD Including an Upper Interval of 301.5M Containing 0.828 G/T

Drill Results

NEWS RELEASE

TUDOR GOLD FURTHER EXTENDS THE GOLDSTORM MINERALIZATION WITH AN ADDITIONAL 150M

STEP-OUT ALONG STRIKE INTERCEPTING THE LARGEST GOLD INTERVAL DRILLED TO DATE; 1081.5M

AVERAGING 0.589 G/T GOLD INCLUDING AN UPPER INTERVAL OF 301.5M CONTAINING 0.828 G/T

GOLD

Vancouver, BC, September 23, 2019 - Tudor Gold Corp. (TSXV: TUD) (Frankfurt: TUC) (the "Company" or

"Tudor Gold") is pleased to announce results from two deep vertical diamond drill holes (drilled to a

depth of over 1,000m) and four definition drill holes intercepting significant mineralization at the Gold-

storm Zone on the Company’s flagship Treaty Creek property, located in the Golden Triangle of North-

western British Columbia.

Goldstorm Extension

Hole GS19-47 was drilled as a 150m step-out from hole GS19-42 (reported July 30, 2019 averaging 0.683

g/t Au over 780m) and was drilled vertically to a total depth of 1,199m, ending in mineralization. The

hole contains strong stockwork with gold-bearing mineralization accompanied by significant base-metal

disseminated sulphide mineralization averaging 0.589 g/t Au over 1081.5m including an upper interval

of 0.828 g/t Au over 301.5m and a lower interval of 0.930 g/t Au over 207 m. The hole was stopped in

mineralization due to the drill rig reaching its depth limitation, however, casing was left in the hole for

possible continuation next year.

This 150 meter step-out hole confirms that the Goldstorm system is gaining strength to the northeast.

With this strongly mineralized intercept, the Goldstorm Zone has been extended by a total of 300m this

year from the best hole drilled in 2018 (CB18-39, averaging 0.981 g/t Au over 563.8m) and has now been

traced along strike for over 800 meters.

Goldstorm Definition Drilling

A second deep vertical hole, GS19-48, was drilled to a total depth of 1035m from the same pad as CB18-

39 (drilled in 2018). The results exhibit excellent continuity of mineralization between holes and this drill

hole returned 0.725 g/t Au over 838.5m, including a near surface interval of 328.5m averaging 1.048

g/t gold Au.

Four footwall definition holes (GS19-43 to GS 19-46) drilled on section 109 +00 NE, were successful in

extending the width of the mineralized zone , to the southeast into the footwall of the controlling fault

structure.

• Hole GS19-43 returned an average of 0.566 g/t Au over 493.5m;

• Hole GS19-44 returned an average of 0.807 g/t Au over 267m including 1.065 g/t Au over 150m;

• Hole GS19-45 returned an average of 0.719 g/t Au over 325.5m including 1.000 g/t Au over

173m.

• Hole GS19-46 returned an average of 0.510g/t Au over 594m including 0.734 g/t Au over 162m.

Tudor Gold Exploration Manager, Ken Konkin explains: “Given the success of the two deep drill holes

GS19-47 and GS19-48, the Goldstorm System shows no signs of weakening to the northeast and several

more drill holes will be required to find the length and depth of this huge gold system. Hole GS19-47

showed a very strong quartz stockwork system and was still in gold values at the end of the 1,199 meter

drill hole. The bottom of GS19-47 averages 0.930 g/t Au over 207 meters. This is the first time we’ve

seen this strength of gold mineralization at depth. Furthermore a strong copper association was

encountered with gold values at depth in both GS19-47 and GS19-48.

A 151.5m zone of 0.22% copper with 0.572 g/t gold was intercepted from 665.0 to 816.5 meters in

GS19-47 and a 66.0m zone of 0.35% copper with 0.958 g/t gold was intercepted from 874.5 to 940.5m

in GS19-48.

Not only does the Goldstorm Zone remain open at depth and along strike, we are now seeing base-metal

associations possibly as part of a zonation within the metal system.”

The following table provides gold composites from the six drill holes completed on three sections that cut

the Goldstorm Zone

Table I: Gold Composites for GS19-48 to GS19-43

SECTION HOLE ID FROM (M) TO (M) Interval (M) GOLD (g/t)

114+00NE GS19-47 117.5 1199 1081.5 0.589

including 200 501.5 301.5 0.828

and 986 1193 207 0.93

111+00 NE GS19-48 97.5 936 838.5 0.725

including 97.5 426 328.5 1.048

109+00 NE GS19-43 68 561.5 493.5 0.566

including 141.5 561.5 420 0.605

including 141.5 197 55.5 1.005

GS19-44 101 368 267 0.807

including 125 275 150 1.065

GS19-45 44 369.5 325.5 0.719

including 62 278 216 0.901

including 105 278 173 1.000

GS19-46 34.5 628.5 594 0.51

including 175.5 337.5 162 0.734

including 564 600 36 1.328

* All assay values are uncut and intervals reflect drilled intercept lengths.

* True widths of the mineralization have not been determined

Goldstorm Zone Drill Section 109+00 NE, 111+00 NE and 114+00 NE

Section 114+00 NE is a 300 m step-out on strike from 111+00 NE and hole GS19-47 hosts what is now

the longest and deepest gold intercept on the project to date.

Section 111+00 NE shows the consistency of the upper horizon gold grades between holes and new

depth extension in hole GS19-48.

Section 109+00 NE shows four definition holes drilled this season to better outline the extent of the zone

to the southeast.

Goldstorm Zone Plan Map

The Goldstorm Zone now extends more than 800 meters in strike length and remains open along strike to

the Northeast and Southwest as well as to depth.

Goldstorm zone drill sections and the plan map are included at the bottom of the news release and on

the Company’s website.

The diamond drilling program continues with two drill rigs. Additional results will be announced as they

become available.

Walter Storm, President and CEO , stated: “I am very pleased to see that all nine holes drilled have

reported very good results and we have not missed on any step -out targets nor any footwall extension

holes, they were all hits . These results have proven that we have an excellent understanding of the

structure, geology and mineralogy of this massive gold system. I am looki ng forward to continu ing our

exploration efforts in order to unlock the full potential of this large gold system.”

QA/QC

Drill core samples were prepared at MSA Labs' Preparation Laboratory in Terrace, BC and assayed

at MSA Labs' Geochemical Laboratory in Langley, BC. Analytical accuracy and precision are monitored

by the submission of blanks, certified standards and duplicate samples inserted at regular intervals into

the sample stream by Tudor Gold personnel. MSA Laboratories quality system complies with the re-

quirements for the International Standards ISO 17025 and ISO 9001. MSA Labs is independent of the

Company.

Qualified Person

The Qualified Person for this news release for the purposes of National Instrument 43 -101 is the

Company’s Exploration Manager, Ken Konkin, P .Geo. He has read and approved the scientific and technical

information that forms the basis for the disclosure contained in this news release.

About Tudor Gold

Tudor Gold is a precious and base metals explorer with proper ties 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 60% interest in the Electrum project, earn

in options and 100% interests in other prospective projects located in the Golden Triangle area.

"Walter Storm"

Walter Storm

President and Chief Executive Officer

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

Catalin Kilofliski

Director Corporate Development and Communications

Tel. 604-559-8092

Email: [email protected]

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 r esults “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 Compa ny 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 th ose 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 state-

ments whether as a result of new information, future events or otherwise except as otherwise required by

applicable securities legislation.

111

+00NE

110+00NE

109+00NE

108+00NE

107+00NE

2+50NE

4+00NE

>3.0 g/t Au

1.0 - 3.0 g/t Au

0.5 - 1.0 g/t Au

0.2 - 0.5 g/t Au

<0.2 g/t Au

CB-17-04

CB-16-03

GS-19-43

GS-19-44

GS-19-45

GS-19-46

CB-17-27

GS-19-43

676m

GS-19-44

553m

GS-19-46

736m

CB-16-03

717.7m CB18-38

CB-17-27

602m

CB18-

33B

CB-18-31

748m

CB-18-33B

743m

CB-17-04

406m

CB18-33

119m

GS-19-45

422m

0.605 g/t Au over 420.0m

0.566 g/t Au over 493.5m

0.734 g/t Au over 162.0m

0.510 g/t Au over 594.0m

0.901 g/t Au over 216.0m

GOLDSTORM ZONE

Section 109+00 NE

0.719 g/t Au over 325.5m

0.807 g/t Au over 267.0m

0 100

meters

>3.0 g/t Au

1.0 - 3.0 g/t Au

0.5 - 1.0 g/t Au

0.2 - 0.5 g/t Au

<0.2 g/t Au

Fault

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