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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 stockzorgon Jan 19, 2021 7:30am
267 Views
Post# 32324447

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

RE:RE:RE:RE:RE:RE:RE:Goldstorm resource estimate: +/- 8.6 million oz for 300H
I can see for the 300H you show greater width than I do since I am at only 450m. I am showing greater depth and apparently that equalized. For all of Goldstorm I rely on the consistency of the deposit to result in Inferred category reserves where drill spacing exceeds 200m. That would give me a much larger Inferred category if you are using less than 850m for widths between 107+00 and 115+50. I also rely on some consistency between the IC estimate history and Goldstorm. If it turns out that IC estimates are comparatively optimistic I'll be too high. On the other hand, any large difference between the two, given the similar drill results for Au, might have folks taking a closer look at the IC numbers which would not be good for anyone. Lastly, I rely (to a lesser degree) on statements that the deposit length to the northeast is at 1100m. The distance between 107+00 and 115+50 is only 850m. My assumption is that they are looking further south than 107+00 and maybe further northeast than 115+50 for Inferred reserves, so I put my estimated length up to 950m to take that into consideration. If the initial estimate doesn't hit my guess, I agree that further drilling this year will increase the estimate to where I'm at. If it doesn't I'll still have info that will allow me to be more accurate going forward with PSZ and other areas of T/C.
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