TUD.V · 2022-11-01 12:00:00

Tudor Gold Intersects Strong Gold-Copper Porphyry Mineralization Returning 1.82 g/t AuEQ over 114.0 m Within 592.5 m of 1.16 g/t AuEQ in Northernmost Step-Out Section of the Goldstorm Deposit, Treaty Creek

Drill Results

Tudor Gold Intersects Strong Gold-Copper

Porphyry Mineralization Returning 1.82 g/t

AuEQ over 114.0 m Within 592.5 m of 1.16 g/t

AuEQ in Northernmost Step-Out Section of the

Goldstorm Deposit, Treaty Creek

Vancouver, British Columbia--(Newsfile Corp. - November 1, 2022) - Tudor Gold Corp. (

TSXV: TUD

)

(

FSE: TUC

) (the "

Company

" or "

Tudor Gold

") is pleased to present the eighth 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: "Our entire team is very pleased to see the continued

success of the exploration program in the northern-most limits of the Goldstorm Deposit within domain

CS600. We continue to intersect pulses of very strong gold and copper mineralization with

1.82 g/t

AuEQ

(

1.04 g/t Au, 5.17 g/t Ag and 0.61% Cu) over a 114-metre (m) intercept. Precious and base

metal values were equally impressive over double this same intercept averaging 1.50 g/t AuEQ

over 235.5 m

in hole GS-22-158 and values were comparable to the hole above this, GS-22-151-W1

with 1.27 g/t AuEQ over 300 m (

October 4, 2022 PR

). GS-22-158 successfully undercut GS-22-151-W1

by approximately 100-150 m and ended in strong copper-gold mineralization as did GS-22-151-W1. In-

fill drilling successfully added confidence with our resource model as

GS-22-156 intersected 1.0 g/t

AuEQ over 294 m within the 300H domain. This intercept was punctuated by a high-grade gold

intercept of 28.7 g/t Au and 16.2 g/t Ag (28.9 AuEQ) over 1.5 m near the bottom of the

composite.

In addition to increasing our deposit foot-print northwards, we were also successful in

expanding mineralization to the southwest with a

100 m step-out drill hole CB-22-01 which

intersected significant near-surface gold values over 168 m that averaged 0.68 g/t AuEQ.

This

hole was drilled well outside the area of the 2021 initial resource model for the Goldstorm Deposit

demonstrating that mineralization remains open in all directions and to depth. Crews will be wrapping up

the exploration program this week and will be collecting several new composites for metallurgical tests

with samples for petrographic and ore microscopy studies from our Stewart-based core facility. Our drills

have been de-mobilized and both upper and lower camps have been shut down. We have several drill

holes awaiting results from the lab and we will announce these results shortly after we receive them.

The Program at the Treaty Creek property includes 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, Copper Belle Deposit, and Konkin Zones (Sections K, L, 98+50 NE and

94+50 NE). At Goldstorm, one out of two 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 K

GS-22-156

was drilled as an infill hole within the 300H domain in the area of the footwall of the

Treaty Thrust Fault 1 (TTF1). An intercept of

294.0 m grading 1.0 g/t AuEQ (0.92 g/t Au, 4.38 g/t

Ag, 0.02% Cu)

was returned with a high-grade segment with

13.5 m grading 5.16 g/t AuEQ

(4.99 g/t Au, 5.17 g/t Ag, 0.09% Cu)

SECTION L

GS-22-158

was drilled to target the CS600 domain and undercut GS-22-151-W1. An intercept of

the CS600 gold-copper porphyry system was intercepted over a drill length of

592.5 m averaging

1.16 g/t AuEQ (0.73 g/t Au, 3.17 g/t Ag, 0.34% Cu)

with an enriched zone of

1.82 g/t AuEQ

(1.04 g/t Au, 5.17 Ag, 0.61% Cu) over 114.0 m

. This hole confirms the consistency of

mineralization throughout the porphyry system and that no boundary on the northern side of the

system has been encountered. This hole is located 250 m north of the 2021 mineral resource

estimate. Future exploration will target the northerly extension of this system.

COPPER BELLE DEPOSIT

SECTION 98+50 NE

CB-22-01

was drilled as a 100 m southeastern step-out hole on the Copper Belle deposit. An

interval of

168.0 m returned 0.68 g/t AuEQ (0.65 g/t Au, 1.97 g/t Ag, 0.01 % Cu)

with a high-

grade segment of

4.5 m grading 4.44 g/t AuEQ (4.31 g/t Au, 10.78 g/t Ag).

This hole confirms

the continuity of mineralization to the south of Copper Belle and that the deposit remains open.

CB-22-02

was drilled as a 100 m northwestern step-out hole one the Copper Belle deposit. An

interval of

39.0 m grading 0.65 g/t AuEQ (0.62 g/t Au, 0.72 g/t Ag, 0.02 % Cu).

This hole

confirms the continuity of mineralization to the south of Copper Belle and that the deposit remains

open.

KONKIN ZONE

SECTION 94+50 NE

KZ-22-01

was drilled as an exploration hole to follow up on anomalous gold surface samples. The

hole encountered

46.5 m of 0.53 g/t AuEQ (0.51 g/t Au, 1.36 g/t Ag, 0.01% Cu)

as well as a

significant gold interval over

9.0 m of 3.60 g/t AuEQ (3.54 g/t Au, 5.32 g/t Ag).

The hole

intercepted propylitic and phyllic alteration which could be associated with the Goldstorm porphyry

system or may be related to a separate intrusive event.

Table 1: Drilling Results for Goldstorm, Copper Belle, and Konkin Zone in Press Release

November 1, 2022

Section

Hole

From (m)

To (m)

Interval (m)

Au (g/t)

Ag (g/t)

Cu (ppm)

AuEQ (g/t)

94+50 NE

KZ-22-01

90.50

96.50

6.00

2.29

4.14

103

2.35

And

164.00

210.50

46.50

0.51

1.36

0.53

And

306.50

315.50

9.00

3.54

5.32

3.60

98+50 NE

CB-22-01

21.00

189.00

168.00

0.65

1.97

0.68

Including

21.00

96.00

75.00

0.70

2.25

0.74

And including

118.50

123.00

4.50

4.31

10.78

4.44

And including

147.00

189.00

42.00

0.70

2.03

0.72

98+50 NE

CB-22-02

322.50

361.50

39.00

0.62

0.72

178

0.65

And

351.00

360.00

9.00

1.27

1.24

193

1.31

GS-22-156

(300H)

253.50

547.50

294.00

0.92

4.38

214

1.00

Including

526.50

540.00

13.50

4.99

5.17

873

5.16

526.50

528.00

1.50

28.70

16.20

28.90

And

622.50

660.00

37.50

0.74

6.72

1192

0.95

And

702.00

716.00

14.00

1.23

2.73

105

1.28

GS-22-158

(CS600)

793.50

1386.00

592.50

0.73

3.17

3369

1.16

Including

867.00

945.00

78.00

1.01

5.37

3606

1.50

And

1110.00

1345.50

235.50

0.87

3.98

4887

1.50

1219.50

1333.50

114.00

1.04

5.17

6090

1.82

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 1, 2022

Section

Hole ID

UTM E NAD 83

UTM N NAD 83

Elevation (m)

Azi (ᵒ)

Dip (ᵒ)

Depth (m)

94+50 NE

KZ-22-01

427280.30

6271718.71

1748.25

101

-65

672.2

98+50 NE

CB-22-01

427665.60

6271972.16

1558.14

120

-60

720

98+50 NE

CB-22-01

427663.13

6271974.86

1558.25

300

-60

810

GS-22-156

428429.03

6272984.18

1373.36

330

-55

716

GS-22-158

428925.03

6273439.09

1397.48

320

-66

1386

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.

Goldstorm Deposit - Section Areas - Plan View