01:23 PM EDT, 05/01/2025 (MT Newswires) -- Tudor Gold ( TDRRF ) on Thursday said it received exploration permits from the British Columbia Ministry of Mining and Critical Minerals for its flagship Treaty Creek Property, located in the core of the Golden Triangle of northwestern British Columbia.

The Regional Mines Office in Smithers renewed the company's 'Notice of Work' permit through to May 31, 2030.

The exploration permit for the Treaty Creek Project allows Tudor Gold ( TDRRF ) to continue advancing mineral exploration activities. It said upcoming exploration work will focus on the recently discovered high-grade Supercell-One gold complex with a drilling program aimed at further delineating and expanding known high-grade structures.

Tudor Gold ( TDRRF ) is also planning geotechnical drilling to support infrastructure planning related to its proposed exploration ramp. It is currently in the process of applying for the necessary permits to advance the underground development.

"Our immediate goal is to obtain permits allowing Tudor to fast-track the exploration and expansion of the SC-1 Complex from underground," said Chief Executive Ken Konkin. "Our proposed exploration ramp is expected to significantly reduce both the cost and time required to drill and define emerging high-grade gold targets by enabling the use of underground drill stations-delivering far greater efficiency than conventional surface drilling."

"Once completed, the underground infrastructure could provide long-term strategic value, supporting future exploration and potential mining operations within the SC-1 Complex and the other Goldstorm Domains, in particular the adjacent CS-600 Domain," continued Konkin.

Shares of the company were last seen down $0.01 at $0.59 on the TSX Venture Exchange.

Price: 0.59, Change: -0.01, Percent Change: -1.67