Tudor Gold Discovers Higher-Grade Silver Breccia within CBS Zone at Treaty Creek

Tudor Gold Corp. (TUD) has released drill results from two new holes in the CBS Zone, a satellite deposit located near the giant Goldstorm deposit at Treaty Creek, British Columbia.

CBS-26-08 intersected a new deeper silver-rich breccia, returning 61.28 g/t Ag and 0.09 g/t Au over 34.15 m (from 264 m downhole), including 201.84 g/t Ag and 0.07 g/t Au over 7.20 m. The company states this discovery provides continuity with prior hole CBS-22-04, which returned 54.82 g/t Ag over 13.50 m, as well as surface samples.

The same hole also encountered near-surface gold, returning 2.57 g/t Au and 0.39 g/t Ag over 3.00 m (from 6 m), along with a low-grade gold interval of 0.53 g/t Au and 9.81 g/t Ag over 20.60 m, including 0.92 g/t Au and 16.99 g/t Ag over 9.30 m.

Hole CBS-26-09 extended the gold-rich breccia 60 m up-dip, intersecting 0.79 g/t Au and 4.71 g/t Ag over 47.00 m, including 1.04 g/t Au and 1.49 g/t Ag over 24.50 m.

Rigs have moved to the Perfectstorm Zone and are scheduled to return to the CBS Zone in September for follow-up on the silver intercepts.

Tudor Gold Corp. (TUD) holds a massive indicated resource of 912 million tonnes grading 24.9 million ounces of gold and 148.7 million ounces of silver at its Goldstorm project. The CBS Zone serves as a satellite target that may eventually contribute additional resources, though it remains in a very early stage of exploration. A single step-out hole with decent silver does not qualitatively change the overall project’s value or the upcoming Preliminary Economic Assessment (PEA).

The company’s market capitalization of approximately C$370 million reflects the existing multi-million-ounce resource. For this news to be considered material, the intercepts would need to demonstrate a new high-grade, continuous, mineable zone capable of materially increasing the high-grade underground mining inventory; the current grades and widths do not achieve that threshold.

The stock price chart shows a general decline from the January 2026 peak of C$1.57 to C$0.91, with the market selling into routine news flow. This release fits that pattern as an incrementally positive but non-transformational drill update.

For an explorer, materiality often hinges on discovery holes in grassroots targets, but CBS is not a grassroots discovery; it is a known mineralized zone being expanded. The results are in-line with what one would expect from a generative exploration program.

Tudor Gold Corp. (TUD) is a junior explorer holding an 80% interest in the 17,913‑ha Treaty Creek Project in British Columbia’s Golden Triangle, bordering Seabridge’s KSM and Newmont’s Brucejack. The primary asset is the Goldstorm Deposit, which carries a 2026 mineral resource estimate of 912.3 Mt indicated at 0.85 g/t Au, 5.07 g/t Ag, and 0.15% Cu, representing 24.9 moz Au, 148.7 moz Ag, and 3.048 B lbs Cu. This is accompanied by a small high‑grade inferred component of 21.8 Mt at 3.64 g/t Au.

Development plans focus on a higher‑grade underground mine targeting approximately 300 koz/year, with a Preliminary Economic Assessment underway and a permit for an underground exploration ramp filed. The company also holds targets at the Perfectstorm, Eureka, and CBS zones. Major shareholder Eric Sprott holds approximately 15%. The company recently consolidated ownership by acquiring American Creek. It currently generates no revenue and is burning approximately $5M per quarter in operating losses.