Northwire Canada EditionTuesday, August 11, 2026
Northwire
SGML 16.51 +0.1% ADZ 0.100 +0.0% AFM 1.50 −9.6% OMI 0.275 −3.5% CUEX 0.090 +5.9% RAK 0.175 +0.0% TGOL 0.140 +12.0% DEC 0.085 +0.0% NWST 0.285 +0.0% CDA 0.900 +5.9% AVL 5.08 +0.6% FSY 0.580 +1.8% GTC 0.900 +26.8% FCI 0.460 +4.5% IDEX 0.365 +5.8% MERG 0.900 +8.4% SGML 16.51 +0.1% ADZ 0.100 +0.0% AFM 1.50 −9.6% OMI 0.275 −3.5% CUEX 0.090 +5.9% RAK 0.175 +0.0% TGOL 0.140 +12.0% DEC 0.085 +0.0% NWST 0.285 +0.0% CDA 0.900 +5.9% AVL 5.08 +0.6% FSY 0.580 +1.8% GTC 0.900 +26.8% FCI 0.460 +4.5% IDEX 0.365 +5.8% MERG 0.900 +8.4%
Drill Results

Tudor Gold Intersects 1.70 g/t Gold over 46.00 Meters at Treaty Creek

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Executive Summary

The most recent news release from October 16, 2025, reports drill results from hole GS-25-191 at the Treaty Creek Project. The drillhole intersected 1.70 g/t gold equivalent (AuEQ) over 46.00 meters, including higher-grade sections of 4.30 g/t AuEQ over 8.90 meters and 2.17 g/t AuEQ over 7.40 meters. This intercept extended the 300 North Zone (300N) 55 meters to the southwest and linked mineralized intercepts within the 300N and 300 Horizon Zone (300H) along a potential SC-1 Zone structural corridor. The company states that these results provide additional pierce points connecting the 300H and 300N Zones within an area approximately 350 m by 150 m. Tudor Gold also reiterated that an updated Mineral Resource Estimate (MRE) will be released following the receipt of remaining drill hole data in the coming weeks and will include a sensitivity analysis to assess the potential for a higher-grade underground mine.

Material Impact

This news is positive but falls within the expected outcomes of an ongoing exploration drilling program. The reported gold equivalent grades and interval widths from drillhole GS-25-191 are good and confirm the continuity and expansion of known high-grade gold mineralization within the Treaty Creek project's 300N and 300H zones, linking them to the SC-1 structural corridor. This aligns with Tudor Gold's stated strategy to define and expand these high-grade structures, especially the Supercell-One (SC-1) complex, which is seen as key for a potential "mine within a mine" starter operation.

However, this specific news release does not represent a "game changer" as it is a single drill hole result, consistent with previous positive drill results announced in September and earlier in October 2025. While positive for the overall project understanding and contributing to a future resource update, it is a routine incremental step rather than a transformative event. The company has already seen more material positive impacts from strategic moves such as the appointment of Joe Ovsenek as CEO (May 2025), the successful closing of a significant $14.95 million financing (May 2025), and the acquisition of American Creek Resources Ltd., which increased Tudor Gold's ownership in Treaty Creek from 60% to 80% (September 2025). The most recent results reinforce the geological model and add value, but do not materially alter the investment thesis established by these prior events. The upcoming updated MRE, which is mentioned again, is the next anticipated material event.

TUD · Price
Company Overview

Tudor Gold Corp. is a precious and base metals exploration and development company primarily focused on its 80%-owned Treaty Creek Project. The project is located in the Golden Triangle of Northwestern British Columbia, Canada, a region known for significant gold, copper, and silver discoveries. The Treaty Creek project hosts the Goldstorm Deposit, a large gold-copper porphyry system. It borders Seabridge Gold Inc.'s KSM property to the southwest and Newmont Corporation's Brucejack property to the southeast.

The Goldstorm Deposit has a significant Mineral Resource Estimate (from an April 5, 2024, technical report, pre-dating SC-1 inclusion): * Indicated Mineral Resource: 27.87 million ounces of AuEQ grading 1.19 g/t AuEQ, comprising 21.66 Moz gold (0.92 g/t), 2.87 Blbs copper (0.18%), and 128.73 Moz silver (5.48 g/t). * Inferred Mineral Resource: 6.03 million ounces of AuEQ grading 1.25 g/t AuEQ, comprising 4.88 Moz gold (1.01 g/t), 503.2 Mlb copper (0.15%), and 28.97 Moz silver (6.02 g/t). * Cut-off grades: 0.7 g/t AuEQ for pit-constrained and 0.75 g/t AuEQ for underground.

The Supercell-One (SC-1) Zone is a key focus. Discovered in late 2023/early 2024, it's described as a high-grade gold complex, structurally and geologically analogous to Newmont's Brucejack gold deposit. It's peripheral to the larger CS-600 copper-gold domain and is characterized by multiple sub-parallel, gold-bearing breccia structures. The company is pursuing an underground exploration ramp to access and delineate this high-grade zone more efficiently, aiming for a "mine within a mine" concept to potentially kickstart gold production with lower initial capital expenditure. None of the SC-1 drill results are included in the 2024 MRE, indicating significant upside potential.

Read the original news release →

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