Teuton Resources Corp V.TUO

Alternate Symbol(s): TEUTF

Metals & Mining Industrial Metals & Minerals

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.

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Teuton Resources Corp > Is something cooking?

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Comment by highperon May 07, 2024 8:58pm

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Post# 36028008

RE:RE:RE:RE:RE:Is something cooking?

the recent MD&A said words to the effect that the spin out was still in process. I assume the annual meeting has been delayed so that we can vote on the spin out..

from teuton MD&A - luxor spinout update

The Company is presently advancing a spin-out of its “Luxor Project” which includes the Big Gold, Eskay Rift, Tennyson, Four J’s, Pearson, Leduc Silver and Catspaw properties. These properties are located south of Teuton’s previously owned Orion, High North, Delta and Fairweather properties which were acquired 100% by Goldstorm Metals, but in which the Company retains significant net smelter royalty interests. The Luxor project lies in close proximity to Kyba’s “Red Line” which suggests potential for large- scale porphyry copper-gold deposits. Several large and intense ZTEM geophysical anomalies remain to be tested on this ground. Work in 2023 has also established potential for VMS mineralization, as two VMS occurrences were discovered on the Big Gold property in a zone of ablation.

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