Northwire Canada EditionSunday, November 1, 2026
Northwire
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Gold 3,898.90 −3.3% Silver 49.28 −5.9% Copper 6.48 −1.8% Oil 104.12 +2.1% Palladium 987.70 −1.7% HCH 1.25 −3.9% CRD 0.040 −20.0% ENEV 0.005 +0.0% MOON 5.23 −7.9% ORE 2.56 −4.8% ASE 0.620 −14.5% LKY 0.005 + SOI 0.165 −5.7% ECR 0.190 −5.0% OZ 0.240 −9.4% ELEC 0.110 +4.8% WHY 0.260 −3.7% PHD 0.030 −33.3% OMI 0.220 −10.2% EML 0.105 +0.0% TECT 1.37 −2.8% Gold 3,898.90 −3.3% Silver 49.28 −5.9% Copper 6.48 −1.8% Oil 104.12 +2.1% Palladium 987.70 −1.7% HCH 1.25 −3.9% CRD 0.040 −20.0% ENEV 0.005 +0.0% MOON 5.23 −7.9% ORE 2.56 −4.8% ASE 0.620 −14.5% LKY 0.005 + SOI 0.165 −5.7% ECR 0.190 −5.0% OZ 0.240 −9.4% ELEC 0.110 +4.8% WHY 0.260 −3.7% PHD 0.030 −33.3% OMI 0.220 −10.2% EML 0.105 +0.0% TECT 1.37 −2.8%
Production / Operations Routine +

Tudor Gold Commences 2026 Exploration Drill Program at Treaty Creek

Tudor Gold Commences Drilling as PEA Progresses Amid Seabridge Dispute

Executive Summary
  • Tudor Gold Corp. has officially commenced its 2026 Exploration Drill Program at the Treaty Creek Project in British Columbia's Golden Triangle on May 21, 2026.
  • The program involves a minimum of 10,000 meters of planned drilling divided into two phases: Phase One targeting the CBS Zone (2,000 meters) and Phase Two targeting the Perfectstorm Zone (8,000 meters).
  • Drilling aims to follow up on high-grade mineralization identified in previous years, specifically targeting gold, copper, and silver deposits.
  • The company has filed a permit application to construct an underground ramp for access to the high-grade SC-1 Zone.
  • A Preliminary Economic Assessment (PEA) for placing the Goldstorm Deposit into production as an underground mine is currently underway with completion targeted for Q3 2026.
Material Impact
  • The news confirms execution of the exploration plan previously announced in April 2026 ("Tudor Announces Plans for 2026 Exploration Program"), making it expected rather than surprising.
  • Positive metallurgical results reported on May 12, 2026, support the viability of the drilling targets and PEA timeline, reinforcing confidence in the project's development path.
  • The commencement validates the use of proceeds from the December 2025 financings ($13M flow-through + $11.5M LIFE), ensuring capital is deployed as promised to investors like Eric Sprott.
  • While positive for operational progress, it does not alter the fundamental risk profile regarding the Seabridge Gold legal dispute or the PEA completion date.
  • The market impact is likely incremental, reinforcing the development narrative without triggering a significant re-rating unless drill results exceed expectations in future releases.
TUD · Price
Company Overview
  • Company Name: Tudor Gold Corp. (TSX.V: TUD).
  • Flagship Project: Treaty Creek Project located in the Golden Triangle of British Columbia, Canada.
  • Asset Status: Development/Exploration stage with no current production; targeting an underground mine for the Goldstorm Deposit.
  • Resource Base: Indicated Mineral Resources of 24.9 million ounces of gold, 148.7 million ounces of silver, and 3.048 billion pounds of copper (912.3 million tonnes @ 0.85 g/t Au). Inferred resources add another 2.6 million ounces of gold.
  • Ownership: Tudor Gold holds an 80% interest in the project following the acquisition of American Creek Resources Ltd. completed in September 2025.
Read the original news release →

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