Tudor Gold Corp. (TSX-V: TUD) (FSE: H56) reports that it has filed a Notice of Work permit application with the BC Ministry of Energy, Mines and Low Carbon Innovation (EMLI) for the underground exploration of the Treaty Creek Project located in northwest British Columbia.

The permit application provides for the development of an underground ramp to access the high-grade gold SC-1 Zone and to also access the other zones. Once the ramp is completed, underground drill stations will be excavated to support definition drilling for mine-planning purposes and provide for more efficient expansion drilling. Underground drilling is expected to reduce the time and cost of delineating the high-grade gold SC-1 Zone and allow for year-round drilling by Tudor.

The high-grade gold SC-1 Zone was first identified by Tudor in early 2024 based on 2022 and 2023 drilling with the discovery hole (GS-22-134) intersecting 25.5 meters grading 9.66 g/t gold, 1.23 g/t silver and 0.24% copper (see news release dated February 1, 2024).

See Figure 1 below for a plan and section view of the proposed underground development and initial drilling of the SC-1 Zone at Treaty Creek.

Figure 1: Treaty Creek Project proposed underground development and SC-1 Zone drilling

American Creek Acquisition

American Creek Resources Ltd. has set August 28, 2025 as the date for its annual general and special meeting of shareholders to, among other things, approve a statutory plan of arrangement under which the Company will acquire all of the issue and outstanding shares of American Creek (the “Transaction”). (See the Company’s news releases of June 9, 2025 and June 26, 2025.)

In addition to American Creek shareholder approval and court approval, the Transaction is subject to applicable regulatory approvals including, but not limited to, TSX Venture Exchange (the “Exchange”) approval and the satisfaction of certain other closing conditions customary in a transaction of this nature. The Transaction is anticipated to be completed in early September 2025.

Currently, American Creek holds a 20% carried interest, and Tudor a 60% interest, in the Treaty Creek Project. On completion of the Transaction, Tudor will hold an 80% interest in the Treaty Creek Project. The Treaty Creek Project hosts an Indicated Mineral Resource of 21.66 million ounces of gold grading 0.92 g/t, 2.87 billion pounds of copper grading 0.18% and 128.73 million ounces of silver grading 5.48 g/t and an Inferred Mineral Resource of 4.88 million ounces of gold grading 1.01 g/t, 503.2 million pounds of copper grading 0.15% and 28.97 million ounces of silver grading 6.02 g/t.

Quality Assurance and Control

Ken Konkin, P.Geo, Senior Vice-President of Exploration for Tudor Gold, is the Qualified Person, as defined by National Instrument 43-101, responsible for the Treaty Creek Project. Mr. Konkin has reviewed, verified, and approved the scientific and technical information in this news release.

About Tudor Gold

Tudor Gold Corp. is a precious and base metals exploration and development company with claims in the Golden Triangle of British Columbia (Canada), an area that hosts producing and past-producing mines and several large deposits that are approaching potential development. The 17,913-hectare Treaty Creek Project borders Seabridge Gold Inc.’s KSM property to the southwest and Newmont Corporation’s Brucejack Mine property to the southeast.