This dog still don't hunt!Season almost over and they are just starting???
Drilling to Begin on Clone
Teuton Resources Corp. (“Teuton”) (“TUO”--TSX.V; “TFE”-Frankfurt) and Silver Grail Resources Ltd. ("Silver Grail") ("SVG"--TSX.V; "KD7"--Frankfurt) are pleased to announce that drilling is set to begin on their jointly-owned Clone property, located 20km southeast of Stewart, BC. Drill pads have been constructed and the drill is scheduled to move into the property on Aug. 22. Elite Diamond Drilling of Revelstoke, BC, is the contractor.
The drill program will target three areas. The first is a very recently discovered vein, located about 600m south of the main Clone workings. Featuring abundant local chalcopyrite and hematite, this vein averages 2m in width and has been exposed for about 300m before disappearing under a snowfield. The second target is the S-2B zone, near a 1995 trench that ran 2.1 oz/ton gold over 4.5m (14.8 ft). Finally, the third target is the H-1 zone, east of a 1995 trench that ran 3.6 oz/ton gold over 5.5m (18.0 ft).
Approximately $3.5 million has been spent on the Clone property since first discovery in 1995. It is currently under option to Canasia Industries Inc. (“CAJ”:TSX-V) under terms whereby Canasia can earn a 50% interest over 5 years by spending a total of $1.8 million. Teuton and Silver Grail are the operators of the program.
D. Cremonese, P.Eng. is the Qualified Person for both Silver Grail and Teuton in regard to technical information contained in this press release.
ON BEHALF OF THE BOARD OF DIRECTORS
SILVER GRAIL RESOURCES LTD.
TEUTON RESOURCES CORP.
“Dino Cremonese, P.Eng.”