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Teuton Resources Corp V.TUO

Alternate Symbol(s):  TEUTF

Teuton Resources Corp. is a Canada-based exploration-stage company. The Company is engaged in the business of acquiring, exploring, and dealing in mineral properties in the province of British Columbia, Canada. The Company owns interests in more than thirty properties in the prolific Golden Triangle area of northwestern British Columbia. Its property portfolio includes Treaty Creek Property, Eskay Rift Property, Harry Property, Del Norte Property, Lord Nelson Property, Orion Property, Big Gold Property, Tonga Property, Fiji Property, King Tut Property, Tuck Property, High North Property, Delta Property, Fairweather Property, Tennyson Property, Pearson Property, Clone Property, Four J’s Property, Konkin Silver Property, Midas Property, Bay Silver Property, Bonsai Property, Gold Mountain Property, Ram Property, Silver Leduc Property, Stamp Property, and Treaty East Property.


TSXV:TUO - Post by User

Post by highperon Dec 05, 2020 4:35pm
179 Views
Post# 32044612

SEA has acquired a higher grade starter pit

SEA has acquired a higher grade starter pitAs they are closing the deal for the snowfield deposit this month. Snoefield has about 145 million tonnes of near surface gold grade 1.45 grams a tonne. It would be the ideal capex coast payback vehile for the whole ksm project..  This is what I have assumed the snowfield's purchase is all about. This is a prelude I hope to Sea clinching a deal with a major.... Defining a tunnel route would be the last obstacle in the way for a major to do a KDM deal with seabridge...Mining the mitchel and snowbridge deposits as one was one of the initial options between pretium and sea. It is in the literature somewhere that the higher grade snowfield materilal would be mined first so they could pay back their capex cost rapidly....


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