Tudor Gold Corp. reports exploration and development updates for its precious and base metals claims in British Columbia's Golden Triangle. The company's recurring disclosures center on the 80%-owned Treaty Creek Project, including drilling at the Goldstorm Deposit and related zones, mineral resource estimates under NI 43-101, technical reports, metallurgical test work, and preliminary economic assessment work for potential underground development.
Company updates also cover seasonal exploration planning, gold-silver-copper assay results, financial reporting changes, and permitting or land-use matters that affect Treaty Creek and nearby mining infrastructure in northwestern British Columbia.
Tudor Gold Corp. (TSXV: TUD) has signed a definitive agreement to acquire American Creek Resources Ltd. in an all-stock transaction. Under the agreement, American Creek shareholders will receive 0.238 Tudor shares for each American Creek share, giving them approximately 30% ownership in Tudor post-transaction.
The acquisition will increase Tudor's interest in the Treaty Creek Project from 60% to 80%. The project, located in northwest British Columbia, hosts the Goldstorm Deposit, a significant gold-copper porphyry system. The transaction, expected to complete around August 31, 2025, requires approval from American Creek shareholders and regulatory bodies.
Tudor Gold (TDRRF) has announced significant executive team changes, appointing Joe Ovsenek as President and CEO, along with Ken McNaughton as VP of Project Development and Michelle Romero as VP of External Affairs. Grant Bond will become CFO after the filing of 2024 financial statements. Ken Konkin will transition to his previous role as Senior VP of Exploration.
The new executive team brings extensive experience in advancing mining projects from discovery to production. Notably, Ovsenek previously led the development of the Brucejack Mine from discovery to commercial production in under eight years at Pretium Resources. The company's focus remains on advancing the Treaty Creek project's Goldstorm Deposit, which features strong infrastructure access, expanding copper, gold, and silver resources, and established relationships with First Nations.
Tudor Gold (TDRRF) announces significant improvements in metallurgical test results for its Goldstorm Deposit at Treaty Creek, British Columbia. The latest testing on the Lower CS-600 sub-domain achieved enhanced metal recoveries of 85.8% copper, 80.2% gold, and 58.1% silver. The flotation testing consistently produced a high-grade copper concentrate containing 30.3% copper, 36.5 g/t gold and 99.8 g/t silver.
This represents a notable improvement from previous October 2024 results, particularly in gold recovery which increased from 63.8% to 80.2%. The enhancement was achieved through additional cyanide leaching of flotation tailings. The company's technical team is planning to construct a three-kilometer exploration ramp to efficiently drill test the newly discovered Supercell-1 (SC-1) high-grade gold complex, potentially enhancing the project's economic viability.
Tudor Gold Corp (TSXV: TUD) has announced the appointment of Diana Swain to its Advisory Board. Swain, founder of Diana Swain Strategies, brings nearly 40 years of journalism experience, including significant roles at CBC News as Managing Editor of Investigations and Executive Producer of The Fifth Estate.
The company also provided an update on its ATM Program launched on February 13, 2024. During the quarter ended March 31, 2025, Tudor issued 2,309,600 common shares at an average price of C$0.6862 per share, raising gross proceeds of C$1,584,741.57. The ATM Program allows Tudor to issue up to $20,000,000 of common shares from treasury.