# Tudor Gold's 2026 Scorecard: 8 Things You Need to Know Before the PEA Canonical Atlas analysis: https://atlas-staging.minestarters.com/news/tudor-gold-s-2026-scorecard-8-things-you-need-to-know-before-the-pea--fe22459b-b886-4a29-8757-18f467638408 Original source: https://www.cruxinvestor.com/posts/tudor-golds-2026-scorecard-8-things-you-need-to-know-before-the-pea Publisher: cruxinvestor Original announcement: 2026-09-05T00:00:00.000Z Analysis by Minestarters Atlas Atlas analysis published: Unknown date Atlas analysis updated: Unknown date - Company: Tudor Gold - Ticker: TUD - Exchange: Unavailable - Region: British Columbia - Primary commodity: Gold - Secondary commodities: Silver, Copper, Molybdenum - Document categories: Resource update, Metallurgy - Extracted: 2026-09-07 11:20:06 UTC Narrative sentiment: 0.40 · Bullish ## Minestarters Atlas summary Tudor Gold has refined its Goldstorm Indicated Mineral Resource, isolating high-grade tranches at US$125 and US$175 NSR cut-offs. While metallurgical results for key zones are positive, the company faces pending objectives including an underground ramp permit, ownership consolidation, and completion of the full metallurgical program ahead of its PEA. Reasoning: The document provides a detailed scorecard of a major project's progress, highlighting both significant resource refinement and critical pending regulatory/structural hurdles. - Positive factor: Refined MRE provides better visibility into high-grade material - Positive factor: Strong metallurgical recoveries reported for key underground zones - Positive factor: Discovery of new porphyry and epithermal systems at Perfectstorm - Negative factor: Underground ramp permit still outstanding, limiting SC-1 drilling - Negative factor: Ownership consolidation unresolved \(80% interest\) - Negative factor: Metallurgical program for remaining material is not yet closed Facts used in scoring: 13 ## Classification and evidence **Resource Update** Polarity: neutral Definition: Revised estimate for an existing resource — compare to prior to assess progress. Why it applies: The document describes a refined mineral resource estimate \(MRE\) for the Goldstorm deposit. Evidence · text > The completed item is a refined mineral resource estimate \(MRE\) that the company describes as an update to the resolution **High Recovery** Polarity: positive Definition: Recovery at or above the exceptional band for the commodity and processing route. Why it applies: Gold recovery of 85.1% in SC-1 zone is strong for flotation. Evidence · text > returned 85.1% gold recovery by flotation **Mill Route** Polarity: neutral Definition: Processing via mill or concentrator \(CIL, CIP, tank leach, flotation\). Why it applies: the document describes a mill\_cil route \("CIL"\) **Multi-Domain Tested** Polarity: positive Definition: Variability across ore domains \(oxide, transition, fresh\) has been addressed. Why it applies: 2 distinct composites were tested ## Extracted facts Stored fact records: 13. Some facts used in scoring do not have a stored record. ## Resource Estimates (9) ### indicated [Link to this fact](https://atlas-staging.minestarters.com/news/tudor-gold-s-2026-scorecard-8-things-you-need-to-know-before-the-pea--fe22459b-b886-4a29-8757-18f467638408#fact-resource-facts-0) gold #### Identity - Commodity: gold - Ticker: TUD #### Resource Data - Category: indicated - Tonnes: 912300000 - Grade: 0.85 - Grade Unit: g/t #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-09-05T00:00:00.000Z Reasoning: Headline Indicated resource component. - Positive factor: Large Indicated base Evidence · text > The Indicated base is 912.3 million tonnes at 0.85 grams per tonne gold #### Tags used in scoring **Indicated Resource** Polarity: positive Definition: Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves. Why it applies: category is "indicated" **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **No Contained Metal** Polarity: negative Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting. Why it applies: contained\_metal was not reported **No QP/CP Disclosure** Polarity: negative Definition: No Qualified Person or Competent Person named — lower credibility for the estimate. A QP/CP should be a member of a recognized professional association with relevant experience. Why it applies: no Qualified or Competent Person is named anywhere in the release **PEA-Supporting** Polarity: neutral Definition: Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study. Why it applies: the release names the study this estimate supports ### indicated [Link to this fact](https://atlas-staging.minestarters.com/news/tudor-gold-s-2026-scorecard-8-things-you-need-to-know-before-the-pea--fe22459b-b886-4a29-8757-18f467638408#fact-resource-facts-1) copper #### Identity - Commodity: copper - Ticker: TUD #### Resource Data - Category: indicated - Tonnes: 912300000 - Grade: 0.15 - Grade Unit: % #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-09-05T00:00:00.000Z Reasoning: Headline Indicated resource component. Evidence · text > 0.15% copper #### Tags used in scoring **Indicated Resource** Polarity: positive Definition: Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves. Why it applies: category is "indicated" **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **No Contained Metal** Polarity: negative Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting. Why it applies: contained\_metal was not reported **No QP/CP Disclosure** Polarity: negative Definition: No Qualified Person or Competent Person named — lower credibility for the estimate. A QP/CP should be a member of a recognized professional association with relevant experience. Why it applies: no Qualified or Competent Person is named anywhere in the release **PEA-Supporting** Polarity: neutral Definition: Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study. Why it applies: the release names the study this estimate supports ### indicated [Link to this fact](https://atlas-staging.minestarters.com/news/tudor-gold-s-2026-scorecard-8-things-you-need-to-know-before-the-pea--fe22459b-b886-4a29-8757-18f467638408#fact-resource-facts-2) silver #### Identity - Commodity: silver - Ticker: TUD #### Resource Data - Category: indicated - Tonnes: 912300000 - Grade: 5.07 - Grade Unit: g/t #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-09-05T00:00:00.000Z Reasoning: Headline Indicated resource component. Evidence · text > 5.07 grams per tonne silver #### Tags used in scoring **Indicated Resource** Polarity: positive Definition: Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves. Why it applies: category is "indicated" **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **No Contained Metal** Polarity: negative Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting. Why it applies: contained\_metal was not reported **No QP/CP Disclosure** Polarity: negative Definition: No Qualified Person or Competent Person named — lower credibility for the estimate. A QP/CP should be a member of a recognized professional association with relevant experience. Why it applies: no Qualified or Competent Person is named anywhere in the release **PEA-Supporting** Polarity: neutral Definition: Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study. Why it applies: the release names the study this estimate supports ### indicated [Link to this fact](https://atlas-staging.minestarters.com/news/tudor-gold-s-2026-scorecard-8-things-you-need-to-know-before-the-pea--fe22459b-b886-4a29-8757-18f467638408#fact-resource-facts-3) gold #### Identity - Commodity: gold - Ticker: TUD #### Resource Data - Category: indicated - Tonnes: 102100000 - Grade: 1.78 - Grade Unit: g/t #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-09-05T00:00:00.000Z Reasoning: High-grade tranche identified via NSR sensitivity. - Positive factor: Significant grade improvement at US$125 cut-off Evidence · text > the Indicated tranche is 102.1 million tonnes at 1.78 grams per tonne gold #### Tags used in scoring **Indicated Resource** Polarity: positive Definition: Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves. Why it applies: category is "indicated" **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **No Contained Metal** Polarity: negative Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting. Why it applies: contained\_metal was not reported **No QP/CP Disclosure** Polarity: negative Definition: No Qualified Person or Competent Person named — lower credibility for the estimate. A QP/CP should be a member of a recognized professional association with relevant experience. Why it applies: no Qualified or Competent Person is named anywhere in the release **PEA-Supporting** Polarity: neutral Definition: Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study. Why it applies: the release names the study this estimate supports ### indicated [Link to this fact](https://atlas-staging.minestarters.com/news/tudor-gold-s-2026-scorecard-8-things-you-need-to-know-before-the-pea--fe22459b-b886-4a29-8757-18f467638408#fact-resource-facts-4) silver #### Identity - Commodity: silver - Ticker: TUD #### Resource Data - Category: indicated - Tonnes: 102100000 - Grade: 9.19 - Grade Unit: g/t #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-09-05T00:00:00.000Z Reasoning: Byproduct grade in high-grade tranche. Evidence · text > 9.19 grams per tonne silver #### Tags used in scoring **Indicated Resource** Polarity: positive Definition: Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves. Why it applies: category is "indicated" **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **No Contained Metal** Polarity: negative Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting. Why it applies: contained\_metal was not reported **No QP/CP Disclosure** Polarity: negative Definition: No Qualified Person or Competent Person named — lower credibility for the estimate. A QP/CP should be a member of a recognized professional association with relevant experience. Why it applies: no Qualified or Competent Person is named anywhere in the release **PEA-Supporting** Polarity: neutral Definition: Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study. Why it applies: the release names the study this estimate supports ### indicated [Link to this fact](https://atlas-staging.minestarters.com/news/tudor-gold-s-2026-scorecard-8-things-you-need-to-know-before-the-pea--fe22459b-b886-4a29-8757-18f467638408#fact-resource-facts-5) copper #### Identity - Commodity: copper - Ticker: TUD #### Resource Data - Category: indicated - Tonnes: 102100000 - Grade: 0.27 - Grade Unit: % #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-09-05T00:00:00.000Z Reasoning: Byproduct grade in high-grade tranche. Evidence · text > 0.27% copper #### Tags used in scoring **Indicated Resource** Polarity: positive Definition: Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves. Why it applies: category is "indicated" **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **No Contained Metal** Polarity: negative Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting. Why it applies: contained\_metal was not reported **No QP/CP Disclosure** Polarity: negative Definition: No Qualified Person or Competent Person named — lower credibility for the estimate. A QP/CP should be a member of a recognized professional association with relevant experience. Why it applies: no Qualified or Competent Person is named anywhere in the release **PEA-Supporting** Polarity: neutral Definition: Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study. Why it applies: the release names the study this estimate supports ### indicated [Link to this fact](https://atlas-staging.minestarters.com/news/tudor-gold-s-2026-scorecard-8-things-you-need-to-know-before-the-pea--fe22459b-b886-4a29-8757-18f467638408#fact-resource-facts-6) gold #### Identity - Commodity: gold - Ticker: TUD #### Resource Data - Category: indicated - Tonnes: 45100000 - Grade: 2.33 - Grade Unit: g/t #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-09-05T00:00:00.000Z Reasoning: Highest grade tranche identified via NSR sensitivity. - Positive factor: High-grade tranche \(2.33 g/t\) meets development intent Evidence · text > 45.1 million tonnes at 2.33 grams per tonne gold #### Tags used in scoring **Indicated Resource** Polarity: positive Definition: Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves. Why it applies: category is "indicated" **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **No Contained Metal** Polarity: negative Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting. Why it applies: contained\_metal was not reported **No QP/CP Disclosure** Polarity: negative Definition: No Qualified Person or Competent Person named — lower credibility for the estimate. A QP/CP should be a member of a recognized professional association with relevant experience. Why it applies: no Qualified or Competent Person is named anywhere in the release **PEA-Supporting** Polarity: neutral Definition: Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study. Why it applies: the release names the study this estimate supports ### indicated [Link to this fact](https://atlas-staging.minestarters.com/news/tudor-gold-s-2026-scorecard-8-things-you-need-to-know-before-the-pea--fe22459b-b886-4a29-8757-18f467638408#fact-resource-facts-7) silver #### Identity - Commodity: silver - Ticker: TUD #### Resource Data - Category: indicated - Tonnes: 45100000 - Grade: 9.27 - Grade Unit: g/t #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-09-05T00:00:00.000Z Reasoning: Byproduct grade in high-grade tranche. Evidence · text > 9.27 grams per tonne silver #### Tags used in scoring **Indicated Resource** Polarity: positive Definition: Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves. Why it applies: category is "indicated" **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **No Contained Metal** Polarity: negative Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting. Why it applies: contained\_metal was not reported **No QP/CP Disclosure** Polarity: negative Definition: No Qualified Person or Competent Person named — lower credibility for the estimate. A QP/CP should be a member of a recognized professional association with relevant experience. Why it applies: no Qualified or Competent Person is named anywhere in the release **PEA-Supporting** Polarity: neutral Definition: Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study. Why it applies: the release names the study this estimate supports ### indicated [Link to this fact](https://atlas-staging.minestarters.com/news/tudor-gold-s-2026-scorecard-8-things-you-need-to-know-before-the-pea--fe22459b-b886-4a29-8757-18f467638408#fact-resource-facts-8) copper #### Identity - Commodity: copper - Ticker: TUD #### Resource Data - Category: indicated - Tonnes: 45100000 - Grade: 0.17 - Grade Unit: % #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-09-05T00:00:00.000Z Reasoning: Byproduct grade in high-grade tranche. Evidence · text > 0.17% copper #### Tags used in scoring **Indicated Resource** Polarity: positive Definition: Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves. Why it applies: category is "indicated" **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **No Contained Metal** Polarity: negative Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting. Why it applies: contained\_metal was not reported **No QP/CP Disclosure** Polarity: negative Definition: No Qualified Person or Competent Person named — lower credibility for the estimate. A QP/CP should be a member of a recognized professional association with relevant experience. Why it applies: no Qualified or Competent Person is named anywhere in the release **PEA-Supporting** Polarity: neutral Definition: Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study. Why it applies: the release names the study this estimate supports ## Metallurgical Results (4) ### flotation [Link to this fact](https://atlas-staging.minestarters.com/news/tudor-gold-s-2026-scorecard-8-things-you-need-to-know-before-the-pea--fe22459b-b886-4a29-8757-18f467638408#fact-metallurgical-facts-9) gold #### Identity - Commodity: gold - Ticker: TUD #### Test Work - Test Type: flotation - Sample: high-grade SC-1 gold zone #### Recovery - Recovery: 85.1 % - Recovery Basis: actual\_test - Conc. Grade: 33.6 - Conc. Grade Unit: g/t #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-09-05T00:00:00.000Z Reasoning: High-grade zone metallurgical result. - Positive factor: Strong gold recovery Evidence · text > high-grade SC-1 gold zone returned 85.1% gold recovery by flotation into a concentrate grading 33.6 grams per tonne gold #### Tags used in scoring **Mill Route** Polarity: neutral Definition: Processing via mill or concentrator \(CIL, CIP, tank leach, flotation\). Why it applies: processing\_route matches the flotation signal ### flotation [Link to this fact](https://atlas-staging.minestarters.com/news/tudor-gold-s-2026-scorecard-8-things-you-need-to-know-before-the-pea--fe22459b-b886-4a29-8757-18f467638408#fact-metallurgical-facts-10) copper #### Identity - Commodity: copper - Ticker: TUD #### Test Work - Test Type: flotation - Sample: Lower CS600 gold-copper zone #### Recovery - Recovery: 85.8 % - Recovery Basis: actual\_test - Conc. Grade: 30.3 - Conc. Grade Unit: % #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-09-05T00:00:00.000Z Reasoning: Key zone metallurgical result. - Positive factor: Strong copper recovery Evidence · text > Lower CS600 gold-copper zone returned 85.8% for copper #### Tags used in scoring **Mill Route** Polarity: neutral Definition: Processing via mill or concentrator \(CIL, CIP, tank leach, flotation\). Why it applies: processing\_route matches the flotation signal ### flotation [Link to this fact](https://atlas-staging.minestarters.com/news/tudor-gold-s-2026-scorecard-8-things-you-need-to-know-before-the-pea--fe22459b-b886-4a29-8757-18f467638408#fact-metallurgical-facts-11) silver #### Identity - Commodity: silver - Ticker: TUD #### Test Work - Test Type: flotation - Sample: Lower CS600 gold-copper zone #### Recovery - Recovery: 58.1 % - Recovery Basis: actual\_test - Conc. Grade: 99.8 - Conc. Grade Unit: g/t #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-09-05T00:00:00.000Z Reasoning: Byproduct recovery in Lower CS600. - Negative factor: Relatively low silver recovery Evidence · text > 58.1% for silver by flotation #### Tags used in scoring **Mill Route** Polarity: neutral Definition: Processing via mill or concentrator \(CIL, CIP, tank leach, flotation\). Why it applies: processing\_route matches the flotation signal **Low Recovery** Polarity: negative Definition: Recovery below the weak band for the commodity and processing route. Why it applies: 58.1% is below the weak band \(75%\) ### flotation plus leaching of the flotation tails [Link to this fact](https://atlas-staging.minestarters.com/news/tudor-gold-s-2026-scorecard-8-things-you-need-to-know-before-the-pea--fe22459b-b886-4a29-8757-18f467638408#fact-metallurgical-facts-12) gold #### Identity - Commodity: gold - Ticker: TUD #### Test Work - Test Type: flotation plus leaching of the flotation tails - Sample: Lower CS600 gold-copper zone #### Recovery - Recovery: 80.2 % - Recovery Basis: actual\_test - Conc. Grade: 36.5 - Conc. Grade Unit: g/t #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-09-05T00:00:00.000Z Reasoning: Complex metallurgical route for gold in Lower CS600. - Positive factor: Improved gold recovery via tails leaching Evidence · text > 80.2% for gold using flotation plus leaching of the flotation tails, producing a concentrate grading 30.3% copper, 36.5 grams per tonne gold and 99.8 grams per tonne silver #### Tags used in scoring **Mill Route** Polarity: neutral Definition: Processing via mill or concentrator \(CIL, CIP, tank leach, flotation\). Why it applies: processing\_route matches the flotation signal ## How Atlas produces this analysis Minestarters Atlas uses automated extraction to summarize mining announcements, identify reported measurements, and classify supporting evidence. Sentiment reflects the extracted narrative and classification rules; it is an interpretation, not a reported measurement. Evidence quotes and context are provided where available. Missing data, low-confidence results, and review flags indicate limitations. Check the original publisher announcement before relying on an interpretation.