TUD.V · 2022-11-23 12:00:00

Tudor Gold Intersects Strong Gold-Copper Porphyry Mineralization Returning 1.71 g/t AuEq over 180.0 m within 489.0 m of 1.12 g/t AuEq within the Step-Out Area Outside of the Goldstorm Deposit, Treaty Creek

Drill Results

Tudor Gold Intersects Strong Gold-Copper

Porphyry Mineralization Returning 1.71 g/t

AuEq over 180.0 m within 489.0 m of 1.12 g/t

AuEq within the Step-Out Area Outside of the

Goldstorm Deposit, Treaty Creek

Vancouver, British Columbia--(Newsfile Corp. - November 23, 2022) - Tudor Gold Corp. (

TSXV: TUD

)

(

FSE: H56

) (the "

Company

" or "

Tudor Gold

") is pleased to present the ninth and final set of drill

results for the 2022 exploration program (the "

Program

") at their flagship property, Treaty Creek,

located in the heart of the Golden Triangle of Northwestern British Columbia.

Ken Konkin, President and CEO

, comments: "We are very pleased to announce results from the

Treaty Creek exploration campaign with the release of five drill holes completed on our Goldstorm

Deposit. The best result was from the northern step-out area well outside the estimated resource area

with hole GS-22-159

. The CS600 domain contained 1.71 g/t AuEQ over 180 meters (m) with 0.92

g/t Au, 6.10 g/t Ag and 0.61 % Cu.

This drill hole ended in strong copper mineralization and this

composite was centred on a much larger composite of

489.0 m averaging 1.12 g/t AuEQ (0.66

g/t Au, 3.60 g/t Ag, 0.36 % Cu).

Ground conditions prevented the completion of this drill hole.

Also of

significance, silver grades we elevated within several holes of the newly discovered northern extension of

the CS600 domain.

Drill hole GS-22-162 intersected 1.34 g/t AuEQ over 145.5 m with 0.61 g/t Au,

12.01 g/t Ag and 0.5 % Cu.

In addition to expanding the deposit to the north, we were successful in

confirming the near-surface,

southeasterly expansion of the newly

discovered Route 66 Zone that

yielded 0.95 g/t AuEQ over 42.0 m.

We continue to observe higher gold, silver and copper grades

throughout the northern step-out expansion of the Goldstorm Deposit than the grades derived from the

2021 Initial Resource Estimate.

Despite significantly expanding the resource limits of the Goldstorm

Deposit, it remains open in all directions and at depth. Our geologists will focus their attention on refining

the geological model and completing an updated Goldstorm resource for 2023. In addition, numerous

samples were collected for on-going petrographic, mineralogical and metallurgical studies that will be

carried out during the following winter months.

We thank and congratulate our staff and contractors for their safe and professional conduct in making the

2022 exploration season at Treaty Creek such a successful program."

The Program at the Treaty Creek property included an aggressive resource expansion and delineation

plan for several areas, including the Goldstorm Deposit and the Eureka and Calm Before the Storm

Zones. Results included in this press release are reported from five diamond drill holes that were drilled

on the Goldstorm Deposit (Sections 110+00 NE, 117+00 NE, 118+00 NE, M and N). At Goldstorm, four

out of five holes were drilled partially or completely outside the 2021 NI 43-101 Mineral Resource

Estimate area (see link:

corresponding Treaty Creek plan map and sections

GOLDSTORM DEPOSIT

SECTION 110+00 NE

GS-22-160

was drilled to target the gold-dominant Route 66 zone. An intercept of

42.0 m grading

0.95 g/t AuEQ (0.87 g/t Au, 1.66 g/t Ag, 0.05 % Cu)

was returned that included a higher-grade

segment of

1.91 g/t AuEQ (1.83 g/t Au, 1.02 g/t Ag, 0.06 % Cu) over 13.5 m

SECTION 117+00 NE

GS-22-162

was drilled to target the CS600 domain, just outside of northeastern edge of the 2021

mineral resource area. An intercept of the CS600 gold-copper porphyry system was intercepted

over a drill length of

258.0 m averaging 1.03 g/t AuEQ (0.56 g/t Au, 8.42 g/t Ag, 0.31 % Cu)

with

an enriched zone of

1.34 g/t AuEQ (0.61 g/t Au, 12.01 g/t Ag, 0.5 % Cu) over 145.5 m

SECTION 118+00 NE

GS-22-161

was drilled as a 150 m northeastern step-out from the 2021 mineral resource area. An

intercept of the gold-copper porphyry system was intercepted over a drill length of

185.0 m

averaging 1.26 g/t AuEQ (0.74 g/t Au, 6.06 g/t Ag, 0.38 % Cu)

with an enriched segment of

72.0 m grading 1.57 g/t AuEQ (0.85 g/t Au, 6.27 g/t Ag, 0.55 % Cu).

This hole demonstrates the

strong continuity of gold-copper porphyry mineralization in the host intrusive to the northeast and

that the CS600 system remains completely open in this direction.

SECTION M

GS-22-157

was drilled to determine the deep extension of mineralization along CS600, south of

GS-21-113-W2.

A drill length intercept of

220.5 m of 0.90 g/t AuEQ (0.41 g/t Au, 7.88 g/t Ag,

0.33 % Cu)

as well as an enriched zone of

89.5 m of 1.09 g/t AuEQ (0.44 g/t Au, 7.63 g/t Ag,

0.48 % Cu)

clearly demonstrates the continuity of the gold-copper porphyry intrusive system at

depth.

SECTION N

GS-22-159

was drilled to determine the deep extension of mineralization along CS600, north of

GS-21-113-W2. A drill length intercept of

489.0 m of 1.12 g/t AuEQ (0.66 g/t Au, 3.60 g/t Ag,

0.36 % Cu)

as well as an enriched zone of

180.0 m of 1.71 g/t AuEQ (0.92 g/t Au, 6.10 g/t Ag,

0.61 % Cu)

strongly demonstrates the continuity of gold-copper porphyry intrusive system at depth

and to the north. This hole ended in mineralization.

Table 1: Drilling Results for Goldstorm Deposit in Press Release November 23, 2022

Section

Hole

From (m)

To (m)

Interval

(m)

Au (g/t)

Ag (g/t)

Cu (ppm)

AuEQ

(g/t)

GS-22-

157

(300H)

381.00

586.50

205.50

0.63

2.80

230

0.69

Including

390.00

409.50

19.50

1.25

1.18

1.27

And

1080.00

1129.50

49.50

0.64

1.20

191

0.68

And

(CS600)

1659.00

1879.50

220.50

0.41

7.88

3329

0.90

Including

(CS600)

1665.00

1754.50

89.50

0.44

7.63

4760

1.09

GS-22-

159

(300H)

579.00

610.50

31.50

0.87

3.73

129

0.93

And

651.00

726.00

75.00

1.56

4.90

1.63

Including

667.50

679.50

12.00

4.76

11.32

4.91

And

(CS600)

1140.25

1629.0

489.0

0.66

3.60

3574

1.12

Including

1291.50

1471.50

180.00

0.92

6.10

6131

1.71

110+00 NE

GS-22-

160

(300H)

75.00

181.50

106.50

0.95

2.28

136

0.99

Including

106.50

138.00

31.50

1.43

5.40

333

1.53

And

213.00

260.00

47.00

0.69

1.10

0.71

And

(Route

66)

432.00

474.00

42.00

0.87

1.66

534

0.95

Including

448.50

462.00

13.50

1.83

1.02

562

1.91

117+00 NE

GS-22-

161

(CS600)

870.50

1055.50

185.00

0.74

6.06

3809

1.26

Including

910.00

982.00

72.00

0.85

6.27

5493

1.57

118+00 NE

GS-22-

162

(CS600)

792.00

1050.00

258.00

0.56

8.42

3124

1.03

Including

898.50

1044.00

145.50

0.61

12.01

5022

1.34

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 November 23, 2022

Section

Hole ID

UTM E

NAD 83

UTM N

NAD 83

Elevation

(m)

Azi (ᵒ)

Dip (ᵒ)

Depth (m)

GS-22-157

428804.46

6273271.67

1326.91

290

-54

1932

GS-22-159

428925.03

6273439.09

1397.48

320

-66

1386

110+00 NE

GS-22-160

428781.20

6273288.86

1345.30

323

-53

1635

117+00 NE

GS-22-161

428421.82

6272836.42

1323.19

112

-45

726

118+00 NE

GS-22-162

428933.26

6273444.28

1397.98

310

-73

1121

Qualified Person

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

Company's President and CEO, 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

Diamond 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 Newcrest Mining Limited'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 located in the Golden Triangle.

ON BEHALF OF THE BOARD OF DIRECTORS OF

TUDOR GOLD CORP.

"Ken Konkin"

Ken Konkin

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.

Treaty Creek - Section Areas - Plan View - 1