TUDOR GOLD

PROPERTY LOCATION & ACQUISITION DATE

Tudor Gold’s projects in Tahltan Territory include Treaty Creek and Eskay North. Treaty Creek is located just north of Newcrest’s Brucejack Lake Mine and northeast of Seabridge’s KSM project. Eskay North is located immediately north of Skeena Resources’ Eskay Creek mine development project. These properties were acquired in 2016.

Project Activities In The 2022 Season

Tudor Gold completed over 40,000 m of drilling, sampling, and mapping at Treaty Creek.

Number of employees working on your project(s)?

During peak drilling season at Treaty Creek, the Company directly employed approximately 20 people and another 60 people through contractors throughout the season.

Where does the majority of your financing come from year to year? What’s the breakdown of who owns your company and what’s your company’s market cap?

The majority of our financing comes from equity investors in Canada, the USA, and Europe. A significant amount of the company shares are held by Tudor Holdings (22%) and a number company owned by Eric Sprott (17%). The remaining percentage of the company is held by funds and retail investors. Our market cap is $200 million.

Tentative plans and hopes for the 2023 season?

CONTACTS

GENERAL INQUIRIES

Chris Curran

Head of Corporate Development

604 559 8092 chris.curran @tudor-gold.com

LEADERSHIP

Ken Konkin

President & CEO

604 559 8092 k.konkin@ tudorgoldcorp.com

CONTRACTING

Rob Cote

Project Manager

604 559 8092 r.cote@tudorgoldcorp.com

COMPANY OVERVIEW & UPDATE

Any successes or challenges you’d like to share?

Successes:

• Raised over $20 million to conduct exploration on Treaty Creek;

• Completed over 41,000 m of drilling at Treaty Creek predominately on the Goldstorm Deposit;

• Expansion drilling completed on the Eureka and Calm Before the Storm to expand zones;

• Appointed Joe Ovsenek and Ken McNaughton to the company’s Advisory Board;

• Sold the Eskay North Project to Skeena Resources; and

• Completed a spin out of the Crown and Electrum Properties into Goldstorm Metals and raised $3.9 million.

We hope to carry out another large drill program at Treaty Creek. The size of the program will likely be subject to financing in 2023.

RELATIONSHIP WITH THE TCG & TAHLTAN NATION

During the 2022 season, what involvement did TCG personnel and departments have with your company? If they were not involved, why not?

We are in regular contact with Ann Ball in the Employment & Business Department for the Tahltan Central Government (TCG). Ann informs the company on potential Tahltan contractors available to assist Tudor Gold in meeting its goals to conduct business with Tahltans and advance Treaty Creek.

In 2022, how many Tahltans did you employ? What positions did they hold in your company and what percentage of Tahltans did you employ compared to others?

Through multiple contractors we estimate there are approximately 30 First Nations employees working on site at various times holding many different positions during the drill season. These positions include camp managers, equipment operators, camp cooks and helpers, camp carpenters, drill pad builders, and core cutters. In 2022 Tudor Gold’s contractors estimated approximately 10 Tahltans were working with them. We believe the number of Tahltans members working at Treaty Creek was similar in 2022 compared to 2021, however we mainly depend on our contractors, many of whom are also Tahltan members, to vet their employees.

What employment opportunities, now and in the future, are available to Tahltan members?

Tudor Gold directly employs geologists, geotechnical technicians, heavy equipment operators, first aid attendants, and mechanics. These positions are available to applicants from all backgrounds and hiring is based on the availability of the position and the skill of the applicant.

Why should Tahltan members want to work for you?

We strongly value our employees and consistently prioritize maintaining a safe working environment. Tudor Gold can provide Tahltan members with on-the- job training and practical work experience to enhance career advancement within the resource industry or in other lines of work. Furthermore, we provide high paying and competitive wages.

Did you have any Tahltan contractors working for your company?

Yes. Tahltan Hy-Teck Drilling, Brewery Creek Mining Services Ltd., Tahltan ERM Environmental Management, Klee Cho Aviation (helicopter services), Northern Labour Services (geotechnical, first aid, and field assistants, including Marge Fraser).

Do you have any outside contractors working for you? If so, who are they? Who were the primary contractors you utilized? Do they offer employment opportunities to Tahltan members?

Yes. MSA Labs; SPS Mining Supplies; Treaty Vanguard Ventures Ltd.; Bandstra Transportation Systems Ltd.; Raine Mountain Hardware; Jade First Aid and Safety; Blue Bear Exploration Ltd.; Bob’s Mercantile Ltd.; Outrider Contracting Ltd.; Greig & Associates Geologists, Soucie Construction Ltd.

Anything else you would like to share with the Tahltan Nation?

Tudor Gold is proud to be working in the Tahltan Territory. The company looks forward to continuing to build its relationship with the Tahltan Nation as we, together, advance the Treaty Creek Project.