TUDOR GOLD Announces Appointment of Mr. Joe Ovsenek to the Board of Directors

Ken Konkin, President and CEO, comments: “We welcome Joe Ovsenek to our Board of Directors. Joe, a proven mine builder, will transition from the Advisory Board to join our Board of Directors. I’ve had the privilege of working alongside Joe for many years during my time at Silver Standard and Pretium Resources, and I am confident that his extensive experience and leadership will greatly benefit the Company. Joe is a highly accomplished professional in our industry, with a proven track record in exploration, development, permitting, financing, mine construction, and production. His expertise will be invaluable as Tudor Gold continues to advance the Treaty Creek gold project."

Joe Ovsenek, Director of Tudor Gold, stated: “I am pleased to join Tudor Gold’s Board and look forward to working closely with Ken and his team as they continue to explore and advance the Goldstorm Deposit at the Treaty Creek gold, copper, and silver project. The recent discovery of the high-grade SC-1 Zone is a game-changer for Treaty Creek. This high-grade target not only has the potential to enhance the overall grade profile of the project but also opens the door to an accelerated pathway to potential production. This discovery exemplifies the exploration expertise of the Tudor Gold team and highlights the untapped potential of the Treaty Creek property.”

Mr. Ovsenek continued: “Treaty Creek stands out due to several strategic advantages, including excellent infrastructure access, a substantial and growing resource base, and strong partnerships with local Indigenous communities.  These key attributes firmly establish Treaty Creek as a cornerstone asset for Tudor Gold. I am excited to contribute my experience in exploration, development, permitting, and potential mine construction to the Board.  I believe the Treaty Creek project has significant potential to deliver value to shareholders while contributing significantly to the economic growth and opportunities within the region.”

Joseph Ovsenek, currently President and CEO of P2 Gold Inc., has over 20 years of international management and legal experience in the precious metals industry. He has been responsible for building teams and leading the growth of public resource companies from early exploration stage to production. Before founding P2 Gold, Mr. Ovsenek was President and CEO of Pretium Resources Inc. where he led the development of the high-grade gold Brucejack Mine which has been operating profitably since commercial start-up in 2017. Mr. Ovsenek began his nine-year tenure at Pretium in 2011 as Chief Development Officer and led the financing of the company from exploration stage to operations and was subsequently appointed President in 2015 and President and CEO in 2017. Prior to Pretium he served for 15 years in senior management roles for Silver Standard Resources Inc., lastly as Senior Vice President, Corporate Development responsible for the sale of the Brucejack and Snowfield assets to the newly created Pretium Resources Inc. Mr. Ovsenek holds a Bachelor of Applied Science degree from the University of British Columbia and a Bachelor of Laws degree from the University of Toronto. Mr. Ovsenek is a registered member of the Association of Professional Engineers and Geoscientists of British Columbia, and holds the Chartered Director (C.Dir) designation.

Tudor Gold also announces that Daniel Le Dressay will step down from his role as a member of the Board of Directors but will continue to serve as Legal Advisor to the Company. In this capacity, Daniel will lead our legal team to deal with the ongoing issues with Seabridge Gold Inc. (KSM Mining ULC) regarding the License of Occupation and other permits related to the Mitchell Treaty Creek Tunnel (MTT) project. He will continue to collaborate with outside counsel to pursue appropriate legal actions to safeguard Tudor Gold Corp.’s mineral tenures and ensure they remain unimpeded in any way by the proposed MTT Tunnel project or any other permits issued to Seabridge Gold Inc. and its subsidiaries that may adversely impact Tudor Gold Corp.’s lawful rights and interests.

About Tudor Gold

TUDOR GOLD CORP. is a precious and base metals exploration and development company with claims 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 Newmont Corporation’s Brucejack property to the southeast.

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
Vice President of Investor Relations and Corporate Development
Phone: (604) 559 8092
E-Mail: chris.curran@tudor-gold.com

Or

Patrick Donnelly
Vice President of Capital Markets
Phone: (604) 559 8092
E-Mail: patrick@tudor-gold.com

In Europe:
Swiss Resource Capital AG
Jochen Staiger & Marc Ollinger
info@resource-capital.ch
www.resource-capital.ch

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; the Company’s intention to construct an exploration ramp to target the Supercell Cell One Zone for infill and expansion drilling at their flagship Treaty Creek Project; that this initiative will substantially reduce both the cost and time required to drill and define the Supercell One Zone from underground drilling stations compared to conventional surface drilling; that once completed the underground infrastructure will provide long-term benefits to the project; the underground development will be important in the selection of optimum material required for a 10,000-tonne test for a pilot process; that the advantages of driving an exploration development ramp are significant and will bring significant value to the Project; once the underground exploration drift is completed, year-round drilling program of approximately 25,000 meters will focus on the Supercell One Zone and peripheral areas; following ramp construction, Tudor Gold will accelerate its drilling program with the goal of fully unlocking this potential multimillion ounce high-grade gold system; that the Supercell One Zone is on its way to becoming a significant asset within the Goldstorm Deposit; that the exploration drill campaign planned for the Supercell One Zone and the remainder of the Goldstorm Deposit will further enhance this potential; that this initiative will assist in attracting a strategic partnership; and that the Company plans to further explore the Supercell-One system and review other gold-dominant sub-domains.

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. The Company’s financial condition and development plans do not change as a result of unforeseen events, that future gold prices and the demand and market outlook for gold will remain stable or improve, that the exploration ramp will result in the benefits anticipated; that underground development is important in the selection of optimum material required for a pilot process; that the advantages of driving an exploration development ramp will prove to be significant and will bring significant value to the Project; assumptions regarding the Company’s exploration plans; the viability of the Supercell One Zone and the impact of the exploration drill program on the same; and that the Company’s initiatives will attract strategic partnership. Material assumptions relating to the indicated mineral resource and inferred mineral resource are contained in the Company’s Technical Report filedon SEDAR+ at www.sedarplus.ca.

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 the risk that the exploration ramp will not result in the benefits anticipated, increased competition, that management’s expectations regarding the viability of the Supercell One Zone will prove to be inaccurate, that the Company will not have the resources required to carry out its exploration plans or complete construction of the exploration ramp,,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.