Tudor Gold Expands Footprint of Treaty Creek's Perfectstorm Zone with Drill Results Intersecting High-Grade Gold, 9.00 g/t Gold Over 9.50 meters, including 43.29 g/t Gold Over 1.20 meters, Down-dip from High-Grade Surface Samples

Tudor Gold Corp. (TUD) has released assay results from four drill holes at the Perfectstorm Zone of its 80%-owned Treaty Creek project in British Columbia’s Golden Triangle. The company stated that holes PS-26-34 and PS-26-36 identified a new high-grade, low-to-intermediate sulfidation gold-silver system located approximately 500 meters northwest of previous Perfectstorm drilling. Additionally, hole PS-26-35 extended gold-dominant mineralization at depth within the PSP porphyry system.

The reported intercepts are as follows:

• PS-26-34: 37.50 m at 2.25 g/t Au and 3.10 g/t Ag from 127.50 m, including 10.50 m at 5.25 g/t Au and 6.93 g/t Ag from 130.50 m, including 4.50 m at 10.17 g/t Au and 11.85 g/t Ag from 136.50 m.
• PS-26-34 additional: 3.00 m at 7.15 g/t Au and 1.58 g/t Ag from 162.00 m; 6.50 m at 1.91 g/t Au and 8.66 g/t Ag from 289.50 m.
• PS-26-36: 4.20 m at 0.80 g/t Au and 713.91 g/t Ag from 45.00 m.
• PS-26-36: 9.50 m at 9.00 g/t Au and 9.66 g/t Ag from 163.50 m, including 3.62 m at 22.29 g/t Au and 21.52 g/t Ag from 165.30 m, including 1.20 m at 43.29 g/t Au and 16.90 g/t Ag from 166.50 m.
• PS-26-35: 21.60 m at 1.77 g/t Au and 2.31 g/t Ag from 366.00 m, including 3.55 m at 6.89 g/t Au and 5.86 g/t Ag.
• PS-26-35: 37.85 m at 0.90 g/t Au and 1.27 g/t Ag from 472.15 m, including 5.10 m at 2.08 g/t Au.
• PS-26-35: 49.80 m at 0.93 g/t Au and 3.40 g/t Ag from 1,042.95 m, including 3.90 m at 2.34 g/t Au and 10.16 g/t Ag.
• PS-26-33: 10.90 m at 0.86 g/t Au and 4.12 g/t Ag from 642.00 m.

The 2026 drilling program is now complete, comprising 22,511 meters in 44 holes. While assays are reported for four holes in this release, 19 holes remain in the assay queue. Tudor Gold expects to release a maiden mineral resource estimate for the PSP Zone after all 2026 assays are received. True widths have not been determined, no cutoff grade is disclosed, and all assay values are reported as uncut.

Tudor Gold Corp. (TUD) released drill results from its Perfectstorm project, a development distinct from its recent financial reporting. At the end of the first quarter of 2026, the company reported approximately C$1.03 million in cash, C$22.0 million in working capital, and a going-concern warning in its management discussion and analysis. The company noted reliance on future financings and a C$16.45 million flow-through spending commitment by December 31, 2026. These financial conditions remain unchanged by the current drilling activity.

With a share price of C$0.71 and approximately 409.1 million shares outstanding, Tudor Gold has a market capitalization of roughly C$290 million. The company hosts the Goldstorm resource, which contains 24.9 million ounces of indicated gold, along with silver and copper. The stock has declined from C$1.57 in January 2026 to C$0.71, sitting near its 52-week low of C$0.68. This price level suggests that previous results from the Perfectstorm project are not currently reflected in the valuation.

The new release introduces data from a zone located 500 meters northwest of prior drilling. The best previous intercepts from the Perfectstorm and PSE zones were broader but lower grade, including 101.00 meters at 0.98 grams per tonne of gold (99 gram-meters), 66.70 meters at 1.12 grams per tonne of gold (75 gram-meters), 81.00 meters at 0.82 grams per tonne of gold (66 gram-meters), and 96.30 meters at 0.85 grams per tonne of gold (82 gram-meters).

The new results include the following intercepts:

• 9.50 meters at 9.00 grams per tonne of gold (85.5 gram-meters)
• 37.50 meters at 2.25 grams per tonne of gold

While the new 9.50-meter intercept does not exceed previous results in total gram-meters, it presents a materially higher grade over a width considered mineable. The 37.50-meter intercept adds a second significant high-grade zone. These findings may alter the perception of the Perfectstorm high-grade system, although they do not yet impact the Goldstorm resource estimate or the preliminary economic assessment.

Tudor Gold Corp. is a TSX Venture-listed exploration and development company focused on the 17,913-hectare Treaty Creek project in British Columbia’s Golden Triangle. Tudor holds an 80% interest in the asset, which borders Seabridge Gold’s KSM property to the southwest and Newmont’s Brucejack mine property to the southeast.

The main asset is the Goldstorm deposit. The January 2026 MRE reports 912.3 Mt indicated at 0.85 g/t Au, 5.07 g/t Ag and 0.15% Cu, containing 24.9 moz Au, 148.7 moz Ag and 3.048 Blb Cu. The base-case inferred resource is 86.1 Mt at 1.43 g/t Au, 5.22 g/t Ag and 0.17% Cu, containing 4.0 moz Au, 18.6 moz Ag and 327.7 Mlb Cu. The company also cites higher-grade sensitivities, including 102.1 Mt at 1.78 g/t Au at a US$125/t NSR cut-off and 45.1 Mt at 2.33 g/t Au at US$175/t.

Other targets are Perfectstorm, CBS and Eureka. A PEA for an underground Goldstorm operation is underway, and a permit application has been filed for an underground ramp to access the high-grade SC-1 Zone. Prior-period financial context, not disclosed in today’s release: the company is pre-revenue, had about C$1.03 million cash at Q1-2026, C$22.0 million working capital, and a going-concern warning in the MD&A.