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Tudor Gold Corp
Symbol TUD
Shares Issued 76,975,000
Close 2017-08-04 C$ 0.83
Market Cap C$ 63,889,250
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Tudor Gold drills 7.15 m of 6.2 g/t Au at Treaty Creek

2017-08-08 13:13 ET - News Release

Mr. Walter Storm reports

TUDOR GOLD CORP. ANNOUNCES FIRST HOLE INTO GR2 ZONE AT TREATY CREEK

Tudor Gold Corp. has discovered a new zone of gold-bearing mineralization on the Treaty Creek property, situated north of the KSM property of Seabridge Gold and the Brucejack property of Pretium Resources in the Golden Triangle region of northwestern British Columbia. Tudor holds a 60-per-cent interest in, and is the operator of, the Treaty Creek property.

The new zone was intersected in hole HC-17-01, designed to test for northern extensions of GR2 zone mineralization as encountered in previous drilling in 2007 and 2009. Hole HC-17-01 intersected a stratabound, brecciated and silicified sulphide venting zone containing tetrahedrite, antimony sulphosalts and pyrite located at the contact between an upper pervasively hydrothermally altered volcaniclastic unit and a footwall mudstone unit. The entire interval from 247.3 to 254.45 metres returned 7.15 metres of 6.20 grams per tonne gold, including the venting zone -- 1.05 metres of 4.12 g/t gold from 247.3 to 248.35 metres -- and the vented sulphides in the immediate footwall mudstones -- 5.1 metres of 9.57 g/t gold from 249.35 to 254.45 metres. True widths are uncertain at this time.

Five additional holes have been completed on this target at the Treaty Creek property, and assays are pending. Concurrently, drilling is proceeding with a second drill on the adjacent Copper Belle zone on porphyry gold and gold-copper targets. A third drill is being mobilized to the Treaty Creek property.

Walter Storm, president and chief executive officer of Tudor, commented: "We are very encouraged by the results from the first hole into this target, particularly as it appears gold mineralization is extending to the north. The style of mineralization, stratabound sulphides, particularly tetraedrite, elevated gold values, hosted in mudstones, is also encouraging as it has affinities with the unique Eskay Creek mine mineralization located 12 kilometres to the west." The existence of gold deposits on nearby properties is not necessarily indicative of mineralization at the Treaty Creek property.

All technical information for Tudor's Treaty Creek gold project is obtained and reported under formal quality assurance/quality control procedures and guidelines. Tudor's procedures are designed to meet best practices guidelines and National Instrument 43-101 standards of disclosure. Quality assurance/quality control protocols for drill core sampling and assaying include the insertion and monitoring of appropriate reference materials (certified standards, blanks and duplicates) to validate the accuracy and precision of the assay results.

All drilling samples were collected using a diamond HQ or NQ core drilling rig following industry-standard practice. Activation Laboratories Ltd. prepared and assayed the samples at its laboratory in Kamloops, B.C. Gold samples are analyzed by a 30-gram fire assay method and then (if gold is greater than 10 g/t) reanalyzed by 30-gram fire assay with AAS finish. Silver is analyzed by 0.5-gram aqua regia digestion, ICP-OES (along with other elements), and then (if silver is greater than 100 parts per million) automatically reanalyzed by 30-gram fire assay with gravimetric finish.

The technical information contained in this news release has been reviewed and approved by the company's exploration manager, Raul Sanabria, MSc, EurGeol, PGeo, who is a qualified person as defined under National Instrument 43-101.

About Tudor Gold Corp.

Tudor is a significant explorer in British Columbia's Golden Triangle, an area that hosts multiple past-producing mines and several large deposits that are approaching potential development. The company has a 60-per-cent interest in the Treaty Creek property and the Electrum property and a 100-per-cent interest in the Mackie, Eskay North, Orion, Fairweather, Delta and High North properties, all of which are located in the Golden Triangle area.

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