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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

Comment by cskhurasuon Jan 15, 2021 3:22pm
242 Views
Post# 32308163

RE:Goldstorm resource estimate: +/- 8.6 million oz for 300H

RE:Goldstorm resource estimate: +/- 8.6 million oz for 300HYour calculations look pretty good to me....well within reach for the first resource estimate unlike some of the arm-waving that is well ahead of the data (although possible down the road). A key question: did you make an assumption on mining shapes? 43-101 requires that you constrain the resource by a shape...either a pit or block cave...that is technically and economically feasible. So, if it's open pit, what's the shape that optimizes the volume to be mined vs the pit slopes and strip ratio? If your calculation is not constrained it's what used to be called a global resource and it's not allowed under 43-101.
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