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Vancouver, British Columbia--(Newsfile Corp. - December 5, 2018) - Tudor Gold Corp. (TSXV: TUD) (FSE: TUC) (the "Company" or "Tudor Gold") announces that as a result of a review by the British Columbia Securities Commission ("BCSC"), the Company is issuing the following news release to clarify its disclosure.
The Company hereby retracts its news release of September 13, 2018 titled "Tudor Gold Reports Potential Quantity and Grade of Gold Mineralization in Copper Belle Zone" and intends to issue a release in due course respecting disclosure on its property activities.
The disclosure in this news release is being retracted because of concerns that the range as set out in the September 13, 2018 release could be construed or interpreted as being a mineral resource estimate and the Company wishes to clarify that the range is not a mineral resource and is not to be treated as such nor is any inference that the range as disclosed is a mineral resource to be relied upon.
The reference to the range was also disclosed in news releases dated November 5, 7 and 26 on and in a corporate presentation of November 2018 on the Company's website and these references have been deleted.
The Company does not have a current mineral resource on the Treaty Creek property.
About Tudor Gold
Tudor Gold is a precious and base metals explorer in British Columbia's Golden Triangle, an area that hosts past-producing mines and several large deposits that are approaching potential development. The Company has a 60% interest in both the Electrum and Treaty Creek properties, and a 100% interest in the 18,300 hectare Crown project, all of which are located in the Golden Triangle area.
"Walter Storm"
Walter Storm
President and Chief Executive Officer
The contents of this news release have been read and approved by James A. McCrea, P.Geo., a qualified person as defined in NI 43-101.
For further information, please visit the Company's website at www.tudor-gold.com or contact:
CHF Capital Markets
Cathy Hume
CEO
Tel: 416-868-1079 x 231
Email: cathy@chfir.com
Cautionary Statements regarding Forward-Looking Information
Certain statements contained in this press release constitute forward-looking information. These statements relate to future events or future performance. The use of any of the words "could", "intend", "expect", "believe", "will", "projected", "estimated" and similar expressions and statements relating to matters that are not historical facts are intended to identify forward-looking information and are based on the Company's current belief or assumptions as to the outcome and timing of such future events. Actual future results may differ materially.