Tudor Gold Reports Encouraging New Drilling Results at Treaty Creek's CBS Zone

• Tudor Gold Corp. reported results from the first two holes of its 2026 drilling programme at the CBS Zone, part of the company's 80%-owned Treaty Creek Project in British Columbia's Golden Triangle.
• One of the two holes found a promising new area of silver mineralisation deeper underground than had previously been explored at the CBS Zone.
• This new silver discovery appears to connect an earlier drilling result with a cluster of surface rock samples that had also shown encouraging silver content, suggesting the mineralised area may be larger than previously known.
• Both holes also showed that the known zone of gold mineralisation at CBS extends further than previously understood, in the direction of the company's main Goldstorm deposit.
• The company's two drill rigs have now moved to a different part of the project, called the Perfectstorm Zone, and are expected to return to the CBS Zone in September to continue investigating these new results.

Company Overview

Tudor Gold (TSX-V: TUD) is focused on finding and developing gold, silver and copper deposits in British Columbia's Golden Triangle, a region long recognised for both active and historic mines, as well as several large deposits that are progressing toward potential future development. The company's flagship asset is the Treaty Creek Project, in which it holds an 80% interest, located next to two other major projects in the region: Seabridge Gold's KSM property and Newmont's Brucejack mine. This neighbouring position places Treaty Creek within a well-established mining district, alongside companies that have already advanced their own projects toward production or expansion. Treaty Creek's Goldstorm deposit is already one of the larger gold, silver and copper deposits in the region, based on an independent technical report completed in late 2025, and the company continues to explore several other zones across the wider property with the aim of building on that existing discovery.

Reading the Results

These results give Tudor Gold two things to watch as the 2026 drilling season continues: further growth of a known area of gold mineralisation that sits close to the company's flagship Goldstorm deposit, and a newly found area of silver mineralisation that had not previously been tested at these depths. Goldstorm itself is already a well-defined, large deposit containing substantial amounts of gold, silver and copper, so any new discoveries near it are being assessed in the context of a project that already has established scale. For investors, this means the CBS Zone is not being explored in isolation. Every new result is being weighed against how it might connect to, or extend the footprint of, a deposit the company already understands well. That context can make incremental drilling news easier to interpret, since the underlying question in each case is whether new mineralisation adds to the same broader system rather than representing an entirely separate discovery.

A New Area of Silver Mineralisation

One of the two new holes drilled at the CBS Zone found a new area of silver mineralisation deeper underground than the company had previously explored in this part of the project. Tudor Gold describes this as a newly identified target that is separate from the gold-rich material found closer to surface in the same hole, suggesting that the CBS Zone may host more than one style of mineralisation stacked within the same general area.

The company says this new silver discovery appears to connect an earlier drilling result with a group of surface rock samples that had also shown encouraging silver content. Because the area remains open, meaning it has not yet been fully defined by drilling, Tudor Gold sees meaningful potential for this silver mineralisation to extend further, both along strike and to depth. The company plans to carry out follow-up drilling on this discovery later in the season, once the current drilling at the Perfectstorm Zone is finished. Until that follow-up work is completed, the true size of this silver target will remain uncertain, though the company has characterised the early signs as significant enough to warrant dedicated attention later in the programme.

Gold Mineralisation Extended Closer to Goldstorm

The same hole also confirmed gold mineralisation closer to surface, and the company says this extends the known zone of gold-bearing rock at CBS further in one direction. The second new hole confirmed that this same zone of gold mineralisation also continues further than previously known, in the direction of the company's main Goldstorm deposit. Taken together, the two holes suggest that the gold mineralisation at CBS is more extensive, and better connected to Goldstorm, than earlier drilling had shown.

Tudor Gold says the main goal of this drilling is to grow the known area of mineralisation at CBS, with a secondary goal of understanding how this zone connects toward the Goldstorm deposit. The company believes this newly found silver mineralisation suggests there may be more than one type of valuable mineralisation present in this part of the project, which could ultimately broaden the range of material the company is able to consider as it continues to define the CBS Zone. This dual focus, on both expanding gold mineralisation and now testing a new silver target, gives the CBS Zone a more varied exploration profile than it had prior to this round of drilling.

What's Happening Next in the Drilling Programme

After finishing these first two holes, Tudor Gold moved its two drill rigs to a different part of the Treaty Creek project called the Perfectstorm Zone. There, the company is testing for a different style of gold, silver and copper mineralisation that it believes may be similar to what is found at the Goldstorm deposit, along with some additional gold and silver mineralisation nearby. This shift reflects the company's broader strategy for the season: rotating its limited drilling capacity across multiple targets on the property rather than concentrating entirely on a single zone. Drilling at Perfectstorm is expected to continue through the summer, after which the rigs will return to the CBS Zone in September to follow up on the new results described above.

Next Steps

Investors following this story have two things to watch for. First, continued drilling through the summer at the Perfectstorm Zone, which is testing for mineralisation the company believes could resemble what's found at Goldstorm. Results from this phase of drilling will give investors a sense of whether the company's largest deposit has meaningful analogues elsewhere on the property. Second, a planned return to the CBS Zone in September to follow up specifically on these new silver and gold results, which could help define how large these newly identified areas actually are and whether they meaningfully add to the project's overall resource potential. Separately, Tudor Gold is also working on a study to assess the economics of developing an underground mine at the Goldstorm deposit, and has applied for a permit to build an underground tunnel that would allow the company to drill and better understand a high-grade area of the deposit known as the SC-1 Zone. Together, these workstreams give investors several distinct milestones to track over the coming months, spanning both near-term exploration results and longer-term development planning at Goldstorm.

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