Mr. Ken Konkin reports

TUDOR GOLD ANNOUNCES CHANGE TO BOARD OF DIRECTORS

Tudor Gold Corp. has appointed Jeff Rowe to the board of directors of the company. Additionally, the company's Sean Pownall has resigned as director of the company but has agreed to serve as a valued member of the advisory board.

Mr. Rowe, PGeo, has specialized in mineral exploration for more than 40 years, focusing on precious and base metals, primarily in British Columbia, the Yukon and Mexico. Mr. Rowe was employed by Cordilleran Engineering Ltd. for more than 15 years and subsequently joined C.J. Greig & Associates Ltd., a geological consulting services team highly regarded for its technical expertise. Through these associations he has provided professional assistance to a number of public companies, including geological field work, property evaluations and technical reports. In particular, Mr. Rowe was involved in the discovery of the Silvertip deposit in Northern British Columbia, one of the highest-grade silver-zinc-lead operations in the world currently owned by Coeur Mining, as well as the discovery and development of the Elk deposit in Southern British Columbia, a high-grade gold vein system that produced direct-smelter-shipping ore from open pit excavations in the 1990s, currently being developed by Gold Mountain Mining Corp.

Mr. Rowe has been involved with the exploration programs conducted by the company and its spinoff company, Goldstorm Metals Corp., since 2017.

Ken Konkin, president and chief executive officer, comments: "It is my pleasure to welcome the addition of Jeff Rowe to the company's board of directors. We are delighted to have Jeff join our team, and eagerly anticipate his valuable contributions in his new role with the board as we continue to advance our Treaty Creek gold and copper project. I would also like to take this opportunity to express my gratitude towards Sean Pownall for his significant contributions to the company. I look forward to continuing my working relationship with Sean as he becomes a member of the advisory board."

About Treaty Creek

The Treaty Creek project hosts the Goldstorm deposit, a large gold-copper porphyry system, as well as several other mineralized zones. As disclosed in the March news release, the Goldstorm deposit has an indicated mineral resource (as defined in National Instrument 43-101) of 23.37 million oz of AuEq grading 1.13 g/t AuEq (18.75 million oz gold grading 0.91 g/t, 2.18 billion pounds of copper grading 0.15 per cent, 112,400 ounces silver grading 5.45 g/t) and an inferred mineral resource (as defined in NI 43-101) of 7.35 million oz of AuEq grading 0.98 g/t AuEq (5.54 million oz gold grading 0.74 g/t and 850 million lb copper grading 0.16 per cent, 45.08 million oz silver grading 5.99 g/t), with a pit constrained cut-off of 0.5 g/t AuEq and an underground cut-off of 0.7 g/t AuEq. The Goldstorm deposit has been categorized into three dominant mineral domains and several smaller mineral domains. The CS-600 domain largely consists of an intermediate intrusive stock and hosts the majority of the copper mineralization within the Goldstorm deposit. CS-600 has an indicated mineral resource of 9.86 million oz AuEq grading 1.10 g/t AuEq (6.22 million oz gold grading 0.70 g/t, 1.98 billion lb copper grading 0.32 per cent and 51.1 Moz silver grading 5.71 g/t) and an inferred mineral resource of 3.71 million oz AuEq grading 1.19 g/t AuEq (2.32 million oz gold grading 0.75 g/t, 760 million lb copper grading 0.36 per cent, 18.71 million oz silver grading 6.01 g/t). The Goldstorm deposit remains open in all directions and requires further exploration drilling to determine the size and extent of the deposit.

About Tudor Gold Corp.

Tudor Gold is a precious and base metals exploration and development company with claims in British Columbia's Golden Triangle (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 (in which Tudor Gold has a 60-per-cent interest) borders Seabridge Gold Inc.'s KSM property to the southwest and borders Newcrest Mining's Brucejack property to the southeast.

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