Tudor Gold Announces Updated Mineral Resource Estimate for Treaty Creek Project, with Higher-Grade Sensitivities
TMX Newsfile·2026-01-22 10:00

Core Viewpoint - Tudor Gold Corp. has announced an updated Mineral Resource estimate (2026 MRE) for the Goldstorm Deposit at its Treaty Creek Project, indicating a 15% increase in Indicated Mineral Resources of gold compared to the 2024 estimate, highlighting the project's higher-grade potential and plans for future production [2][3][4]. Summary by Sections Mineral Resource Estimate Highlights - The 2026 MRE was prepared with a net smelter revenue (NSR) cut-off value of US$50 per tonne, with additional sensitivities at US$125 and US$175 per tonne [2][18]. - The updated estimate shows an increase in Indicated Mineral Resources of gold to 24.9 million ounces, with significant amounts of silver and copper also reported [5][4]. Geological Framework and Deposit Model - The Goldstorm Deposit is located within Early Jurassic intrusive rocks and is influenced by regional-scale contractional faults, which have played a critical role in mineralization [23][25]. - The deposit consists of five distinct mineralized domains, each with unique geological characteristics, indicating a large, structurally controlled mineral system [26][27]. Mineral Resource Estimation Methodology - The estimate was based on 359 diamond drill holes totaling 191,466 meters, incorporating data from both the company and previous operators [3][4]. - The methodology utilized industry-standard software and techniques, ensuring accurate representation of complex vein geometries [11][12]. Next Steps - Ongoing metallurgical testing aims to support the development of a mine plan targeting approximately 300,000 ounces of gold per year, with a preliminary economic assessment expected later this year [2][34]. - The company is advancing its strategy for placing the Treaty Creek Project into production based on the updated resource estimate [2][34]. Financing Update - In December 2025, the company closed a private placement of flow-through units, raising approximately $12.5 million to support its exploration and development activities [35].