Tudor Gold Corp.

Tudor Gold Corp. is a junior gold exploration company headquartered in Vancouver, Canada, operating primarily in Canada. The company's portfolio consists of 1 advanced exploration project. Key assets include Treaty Creek. The company's business model is centered on the exploration and development of precious and base metal properties, with a primary focus on advancing a significant exploration-stage project. Operational characteristics include the application of specialized skills across geology, drilling, and metallurgy to de-risk assets. A key operational approach involves enhancing logistical efficiency, demonstrated by the construction of new camp facilities to enable ground access and extend the exploration season, thereby reducing reliance on more costly transportation methods. The organization addresses complex mineralization through sophisticated metallurgical test work, including bulk sulphide flotation, pressure oxidation, and other advanced recovery processes to optimize potential extraction. This technical diligence is fundamental to its value-creation process. The enterprise competes for capital and talent within a competitive industry and utilizes a partnership model, including joint ventures, to share risk and leverage partner contributions. The business is subject to global economic cycles that influence the marketability of mineral products. The company's ability to secure financing and advance its properties is contingent on the success of its exploration programs and its capacity to demonstrate economic potential through rigorous technical evaluation.

Strategic focus centers on systematically advancing the company's principal exploration asset toward a formal economic assessment. Near-term priorities are defined by a comprehensive work program designed to upgrade and expand the existing mineral resource, primarily through targeted drilling aimed at converting inferred resources to an indicated category and testing the deposit's boundaries. A critical component of this strategy involves extensive metallurgical and variability test work to develop a robust process flowsheet and support a net smelter return valuation model. The capital allocation approach relies on securing third-party financing, evidenced by the establishment of an at-the-market equity program in February 2024 and a history of private placements to fund exploration and development expenditures. A key strategic reorganization was completed in November 2022 with the spin-off of a secondary property portfolio, a move intended to streamline corporate focus on the core asset. The long-term objective is to de-risk the project through phased technical studies, including engineering work, to provide a foundation for a future Preliminary Economic Assessment and subsequent development decisions.

Executive leadership is distinguished by extensive technical and project development expertise. The President and Chief Executive Officer, Joseph Ovsenek, brings over 20 years of industry experience, including successfully leading a major project from development into profitable production as the former head of Pretium Resources Inc. His background combines engineering credentials with a Chartered Director designation. The technical team is further strengthened by Ken Konkin, Vice President of Exploration, and Ken McNaughton, Vice President of Project Development, who collectively possess over 65 years of experience and have been instrumental in significant mineral discoveries, with Mr. Konkin being a co-recipient of the H.H. 'Spud' Huestis Award. The board of directors includes individuals with specialized expertise, such as Ronald-Peter Stöferle, a fund manager and Chartered Market Technician, and Jeff Rowe, a geologist with over 40 years of exploration experience. Governance is structured through an active Audit Committee, composed of 3 directors, which meets at least twice annually to oversee financial reporting, internal controls, and auditor performance under a detailed charter. This leadership structure indicates a management philosophy grounded in technical excellence and disciplined project advancement.

The organization's sustainability approach is anchored by a demonstrated commitment to fostering relationships with Indigenous Nations. A key initiative is the establishment of formal Communications and Engagement and Opportunity Sharing Agreements with the Tahltan Central Government. These agreements provide a structured protocol for ongoing communication, community engagement, and the creation of business development and contracting opportunities for the Indigenous community within the company's operating territory. This framework is designed to build a foundation of trust and respect while working toward project consent. The commitment to environmental stewardship is integrated into the project advancement strategy, with a specific budget allocated for ongoing environmental studies. These studies are intended to support a future economic evaluation and ensure compliance with permitting requirements. The company's stated social policy is to build and sustain mutually beneficial and supportive relationships with local communities through open, honest, and timely communication, reflecting a proactive stance on social and environmental responsibility.

The company's primary operational framework is a joint venture agreement established in May 2016, under which it holds a 60% interest and acts as the operator of its principal project. Its partners, American Creek Resources Ltd. and Teuton Resources Corp., each hold a 20% interest that is carried through the exploration phase until a production notice is delivered. A significant corporate restructuring occurred on November 10, 2022, when the company completed a plan of arrangement to spin off its Crown Property portfolio to Goldstorm Metals Corp., which subsequently became an independent public entity. This transaction was executed to streamline corporate focus. The company has also engaged in strategic asset sales, completing the divestiture of the Eskay North mineral claim to Skeena Resources Limited on January 25, 2023. A notable ownership position is held by director Helmut Finger, who controls approximately 24.36% of the company's outstanding shares through Tudor Holdings Ltd. and the Tudor Voting Trust. Following the spin-off of its former subsidiary, the company currently operates with no subsidiaries.