Northwire Canada EditionThursday, August 6, 2026
Northwire
ARTG 37.67 +7.3% SAGE 0.120 +4.3% NTR 93.88 −0.3% ERO 42.71 +4.6% EDR 12.55 +7.1% IFOS 2.23 −0.5% URE 1.80 −2.2% AAUC 27.50 +4.3% IMR 0.145 +3.6% EQX 14.50 +7.4% OGC 37.67 +6.8% TFPM 43.89 +4.4% SGD 15.42 +5.4% BKM 2.55 +3.2% OR 45.20 +4.4% CDE 24.46 +7.2% ARTG 37.67 +7.3% SAGE 0.120 +4.3% NTR 93.88 −0.3% ERO 42.71 +4.6% EDR 12.55 +7.1% IFOS 2.23 −0.5% URE 1.80 −2.2% AAUC 27.50 +4.3% IMR 0.145 +3.6% EQX 14.50 +7.4% OGC 37.67 +6.8% TFPM 43.89 +4.4% SGD 15.42 +5.4% BKM 2.55 +3.2% OR 45.20 +4.4% CDE 24.46 +7.2%
Drill Results Routine +

Tudor Gold Discovers New Copper-Gold Porphyry System and Confirms Gold-Silver Epithermal Trend Within Treaty Creek's Perfectstorm Zone

Tudor drills low-grade porphyry at Perfectstorm and confirms an epithermal trend.

Executive Summary

Tudor Gold Corp. (TUD) has released results for the first four holes of its 2026 drill program at the Perfectstorm Zone in Treaty Creek, B.C. The company identified a new copper-gold-silver-molybdenum porphyry system, designated the PSP Zone, with hole PS-26-15 serving as the discovery.

Key intercepts from PS-26-15 include: * 4.59 g/t Au and 0.67 g/t Ag over 10.50 m (including 11.15 g/t Au over 3.00 m) from 105.00 m * 0.24 g/t Au, 2.11 g/t Ag, 0.21% Cu and 50.76 ppm Mo over 82.90 m from 156.00 m * 0.78 g/t Au and 0.29 g/t Ag over 83.10 m from 267.90 m

Other PSP holes, PS-26-16 and PS-26-18, returned narrow, low-grade copper-gold intervals.

The epithermal gold-silver PSE Zone was confirmed over a 360 m strike. Hole PS-26-17 intersected 0.78 g/t Au and 2.90 g/t Ag over 74.15 m, including 2.16 g/t Au over 9.10 m. True widths are unknown, and mineralized bodies are described as open in all directions.

Material Impact

Tudor Gold Corp. (TUD) is a junior explorer with the Perfectstorm Zone serving as a grassroots target. The reported results do not materially alter the resource base or the development thesis, which rests on the 24.9 moz Au Goldstorm Deposit.

A shallow gold hit of 4.59 g/t over 10.5 m represents a positive but narrow drill intercept that cannot be projected into tonnes without infill drilling. Porphyry intercepts are uneconomic.

The stock price of $0.93 saw a modest run-up in late July and early August, possibly in anticipation of the news, but there was no explosive move. The chart suggests the market priced in a routine set of results.

This news does not change the necessity of a Preliminary Economic Assessment (PEA) in Q3 2026 or the ongoing legal conflict with Seabridge for project advancement, which remain the core value drivers.

TUD · Price
Company Overview

Tudor Gold Corp. (TUD) holds an 80% interest in the 17,913-hectare Treaty Creek Project, located in British Columbia’s Golden Triangle. The property borders Seabridge’s KSM project and Newmont’s Brucejack mine. The Goldstorm Deposit within the project contains a 2026 Indicated Resource of 912.3 million tonnes grading 0.85 g/t gold, 5.07 g/t silver, and 0.15% copper, equating to 24.9 million ounces of gold, 148.7 million ounces of silver, and 3.048 billion pounds of copper, alongside Inferred resources.

The company is currently conducting a Preliminary Economic Assessment (PEA) for an underground mine targeting production of 300,000 ounces per year. A permit application for an underground ramp has been filed. Tudor Gold has no revenue and relies on equity financing, carrying a going-concern warning as noted in its Q1 2026 Management’s Discussion and Analysis. Major shareholders include Eric Sprott, who holds 14.1%, and insiders, who hold approximately 30%. The company’s cash position as of Q1 2026 was C$1.03 million, with working capital of approximately $22 million, which includes short-term investments. Recent financings raised approximately $24 million in late 2025.

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