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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 in the business of acquiring, exploring and dealing in mineral properties in the province of British Columbia, Canada. It owns interests in more than thirty properties in the prolific Golden Triangle area of northwest British Columbia. The Company’s 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. The Lord Nelson claims lie immediately north of Teuton’s Del Norte property.


TSXV:TUO - Post by User

Bullboard Posts
Post by Redrum180on Apr 03, 2015 2:26am
133 Views
Post# 23594477

From the Seabridge 3/25/15 NR

From the Seabridge 3/25/15 NR"Seabridge Chairman and CEO Rudi Fronk noted that "this first resource estimate at the Iron Cap Lower Zone is further confirmation that, until recently, we have only been seeing the tops of KSM's deposits, with better grades below. Fortunately, the location, size and configuration of these deeper core zones appear to support extraction by the most cost effective underground mining methods. This is especially true of the Iron Cap Lower Zone which is located close to key proposed infrastructure including planned tunnels which could be used to facilitate mining. Given these factors, along with the significantly higher metal values, we are very confident that our core zone program has the potential to achieve its objective of improving project economics."

     I think that once exploration resumes at Teuton's Treaty Creek property, we may have our own "Iron Cap Zone" equivalent to go along with the proposed tunnels.

     
Bullboard Posts