TUD.V · 2021-08-03 12:00:00

Tudor Gold Intersects 130.5 Meters of 2.389 g/t Gold EQ Within 474.0 Meters of 1.039 g/t Gold EQ in Drill Hole GS-21-110 and 168.0 Meters of 1.391 g/t Gold EQ Within 801.0 Meters of 0.704 g/t Gold EQ in Drill Hole GS-21-103 at the

Drill Results

Tudor Gold Intersects 130.5 Meters of 2.389 g/t

Gold EQ Within 474.0 Meters of 1.039 g/t Gold

EQ in Drill Hole GS-21-110 and 168.0 Meters of

1.391 g/t Gold EQ Within 801.0 Meters of 0.704

g/t Gold EQ in Drill Hole GS-21-103 at the

Goldstorm Deposit, Treaty Creek, Northwest

B.C.

Vancouver, British Columbia--(Newsfile Corp. - August 3, 2021) - Tudor Gold Corp. (

TSXV: TUD

)

(

FSE: TUC

) (the "

Company

" or "

Tudor Gold

") is pleased to present the first results for the 2021

resource expansion and definition drilling program for the Goldstorm Deposit at their flagship property,

Treaty Creek. The project is located in the heart of the Golden Triangle of northwestern British Columbia

and is on-trend from Seabridge's KSM Project located five kilometers southwest of the Goldstorm

Deposit. Results from seven diamond drill holes have recently been received from MSA Labs and are

reported herein. Exploration at Treaty Creek is ongoing at Goldstorm, Perfect Storm and the Eureka

zones with the recent arrival of the fifth and sixth drill rigs. Drilling has commenced at the Perfect Storm

Zone with the fifth drill rig and the sixth drill rig has just arrived at the Eureka Zone awaiting the arrival of

its drill crew. Click to view:

Video outlining the 2021 Exploration Program at Treaty Creek

Tudor Gold's Vice President of Exploration and Project Development, Ken Konkin, P.Geo.,

states

: "The 2021 drilling program at Treaty Creek has progressed very well with peripheral drilling at

Goldstorm. We are consistently encountering strong sulphide mineralization along the limits of the three

identified mineral resource domains, namely the 300 Horizon, CS-600 and DS-5 Zones. The Goldstorm

Deposit remains open to expansion in all directions and at depth. In addition to potentially adding new

gold equivalent (AuEq) ounces to the mineral resource, we will attempt to convert as much of the 7.9

million AuEq ounces of Inferred Resources to the Measured and Indicated Resource categories that

currently total 19.41 million ounces of AuEq. Concurrent with the definition and exploration drilling on the

Goldstorm Deposit, one drill will continue with 300-meter (m) step-out holes at Perfect Storm and one

drill will test the central area of the Eureka Zone. Exploration crews will also be working on new areas

within the project area in order to define new drill targets."

Treaty Creek, Goldstorm Drilling Highlights include:

Very consistent, near-surface 300 Horizon intercepts

such as GS-21-103 that intersected

801.0 meters of 0.704 g/t AuEq

including a strong upper pulse of enrichment averaging

2.025 g/t

AuEq over 75.0 meters

or 168.0 meters of 1.391 AuEq.

An impressive

474.0 m intercept of DS-5 in hole GS-21-110 that averages 1.039 g/t AuEQ

including

216.0 meters of 1.712 g/t AuEq or 130.5 meters of 2.389 g/t AuEq.

All drill holes hit significant gold mineralization

(GS-21-107 was lost before encountering the

DS-5 Zone and that hole will be re-drilled).

Goldstorm Deposit remains open in all directions and at depth as drilling continues.

The complete list of composited drill hole results as well as the drill hole data including hole location,

elevation, depth, dip and azimuth are provided in Table 1 and Table 2, respectively. Please click on the

following link to view:

Plan Map and Cross Sections for holes GS-21-103 to GS-21-110

Table l: Results Goldstorm Zone Press Release August 3

2021

Section

Hole

Zone

From

(m)

Interval (m)

(g/t)

Cu ppm

AuEQ (g/t)

108+00 NE

GS-21-103

300H

27.00

828.00

801.00

0.653

3.02

139

0.704

Incl.

93.00

261.00

168.00

1.263

7.69

321

1.391

or Incl.

139.50

214.50

75.00

1.815

12.89

503

2.025

109+50 NE

GS-21-104

CS600

174.00

296.00

122.00

0.385

1.54

327

0.441

Incl.

174.00

213.00

39.00

0.573

2.23

517

0.660

or Incl.

174.00

204.00

30.00

0.633

2.70

465

0.719

108+50 NE

GS-21-105

DS5

211.00

341.50

130.50

0.433

0.56

216

0.465

Incl.

215.50

238.00

22.50

0.873

0.50

259

0.910

112+00 NE

GS-21-107*

CS600

116.60

297.00

180.40

0.399

6.55

1956

0.707

Incl.

187.50

228.00

40.50

0.666

12.37

2227

1.074

113+50 NE

GS-21-108

CS600

133.85

312.00

178.15

1.115

4.08

1501

1.340

Incl.

186.00

253.50

67.50

1.375

4.38

1417

1.594

& Incl.

270.00

301.50

31.50

2.412

4.81

1062

2.594

DS5

759.00

904.50

145.50

0.867

10.22

115

1.000

Incl.

796.50

820.50

24.00

1.726

26.20

289

2.066

108+00 NE

GS-21-109

300H

118.50

334.50

216.00

0.691

0.97

147

0.720

Incl.

160.50

241.50

81.00

0.965

1.43

213

1.006

or Incl.

160.50

174.00

13.50

2.648

4.04

941

2.806

115+00 NE

GS-21-110

DS5

598.50

1072.50

474.00

0.983

3.99

1.039

Incl.

853.50

1069.50

216.00

1.620

6.88

101

1.712

or Incl.

898.50

1029.00

130.50

2.285

7.83

106

2.389

Lost drill hole prior to intersecting DS-5, will re-drill this hole.

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

HQ and NQ2 diameter core samples were sawn in half and typically sampled at standard 1.5m intervals.

The following metal prices were used to calculate the Au Eq metal content: Gold $1625/oz, Ag: $19/oz, Cu: $2.8/lb. Calculations used the

formula Au Eq g/t = (Au g/t) + (Ag g/t x 0.01169) + (Cu% x 1.1815). All metals are reported in USD and calculations do not consider metal

recoveries.

True widths have not been determined as the mineralized body remains open in all directions. Further drilling is required to determine the

mineralized body orientation and true widths.

Table 2: Drill data for holes in Press Release August 3

, 2021

Section

Hole ID

UTM E NAD 83

UTM N NAD 83

Elevation (m)

Azi

(ᵒ)

Dip

(ᵒ)

Depth

(m)

108+00 NE

GS-21-103

428355.1

6272668.2

1301.2

295

-64

969

109+50 NE

GS-21-104

428823.9

6272571.8

1275.4

295

-90

454

108+50 NE

GS-21-105

428769.4

6272531.1

1278.4

295

-88

397

112+00 NE

GS-21-107*

428885.4

6272822.2

1250.1

295

-88

359.3

113+50 NE

GS-21-108

428953.1

6272953.3

1238.2

295

-85

939

108+00 NE

GS-21-109

428354.2

6272668.7

1301.3

295

-45

927

115+00 NE

GS-21-110

429020.3

6273102.0

1230.2

295

-88

1089.25

* Lost drill hole prior to intersecting DS-5, will re-drill this hole.

Walter Storm, President and CEO

stated

: "I am very pleased with the exceptional progress our

exploration team has made with these initial results from the resource definition and exploration drilling

program. Continued drilling will broaden our understanding of the 300, CS-600 and DS-5 domains and

hopefully will further increase the size and quality of the Goldstorm Deposit beyond our expectations.

Despite having an exceptionally high snowpack this year, minor delays were encountered as crews

patiently and safely removed unexpected amounts of snow accumulation. The safety of our crews and of

our contractors is our highest priority. In addition to the exploration program, our base-line studies are

also proceeding as planned with the installation of a climate monitoring station and on-going

environmental studies. We look forward to providing new drilling updates throughout this year's work

program."

"Tudor Gold Corp. and our associated service companies have taken extreme measures to maintain the

highest professional standards while working within COVID-19 health and safety protocols. Only

essential personnel are permitted to enter the camp and staging areas. Of those workers who are at the

project site and staging site, we have strict daily monitoring of the workers temperatures and general

health conditions. We have a certified paramedic at the staging area to examine all in-coming and out-

going Tudor personnel and all service providers."

Qualified Person

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

Company's Vice President of Exploration and Project Development, 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.

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

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

Company.

About Tudor Gold

TUDOR GOLD Corp. is a precious and base metals exploration and development company with

properties in British Columbia's Golden Triangle (Canada), 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 April 2021, Tudor published their 43-101 technical report, "Technical Report and Initial

Mineral Resource Estimate of the Treaty Creek Gold Property, Skeena Mining Division, British

Columbia Canada," dated March 1, 2021 on the Company's Sedar profile. The Company also has a

100% interest in the Crown project and a 100% interest in the Eskay North project, all located in the

Golden Triangle area.

ON BEHALF OF THE BOARD OF DIRECTORS OF

TUDOR GOLD CORP.

"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:

Chris Curran

Head of Corporate Development and Communications

Phone: (604) 559 8092

E-Mail:

[email protected]

Carsten Ringler

Head of Investor Relations and Communications

Phone:

+49 151 55362000

E-Mail:

[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 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.

Goldstorm and CopperBelle Deposits Plan View