Tudor Gold Files for Underground Exploration Permit at Treaty Creek and Provides Update on the American Creek Acquisition

Core Viewpoint - Tudor Gold Corp. has filed for an underground exploration permit for the Treaty Creek Project, aiming to enhance access to the high-grade gold SC-1 Zone and improve drilling efficiency [1][2]. Group 1: Underground Exploration Permit - The permit application includes the development of an underground ramp to access the SC-1 Zone and other zones, facilitating definition drilling and expansion drilling [2]. - Underground drilling is expected to reduce time and costs associated with delineating the SC-1 Zone, allowing for year-round drilling operations [2]. Group 2: SC-1 Zone Discovery - The SC-1 Zone was identified in early 2024, 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 [3]. Group 3: American Creek Acquisition - Tudor Gold plans to acquire all outstanding shares of American Creek, with a shareholder meeting scheduled for August 28, 2025, to approve the transaction [7]. - Upon completion of the acquisition, Tudor Gold's interest in the Treaty Creek Project will increase from 60% to 80% [8]. Group 4: Mineral Resources - 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 [8]. - Additionally, it has 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 [8]. Group 5: Company Overview - Tudor Gold Corp. is focused on precious and base metals exploration and development in the Golden Triangle of British Columbia, an area known for its significant mineral deposits [10].