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 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.

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Teuton Resources Corp

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Comment by stockzorgon Jan 31, 2019 4:07pm

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Post# 29303549

RE:New Gold Zone at Treaty Creek discovered

Olympia3 wrote: Tudor Gold Exploration Manager, Ken Konkin explains: "Goldstorm is a much larger system than Copper Belle, it is at least 300m wide and extends vertically for over 700m. The zone has been traced for approximately 500 meters along a northeastern azimuth. Gold mineralization appears to be continuing towards the northeast and southeast and clearly becomes stronger in the northernmost hole, CB18-39 which returned 563.8 meters of 0.981 grams per tonne gold. The upper portion of CB18-39 averaged 1.141 gpt gold over 280.5 meters and a lower zone in the same hole averaged 1.154 grams per tonne gold over 156 meters. This hole bottomed in mineralization and we will look at the option of re-entering the hole this year in attempts to extend the mineralization deeper. But the primary focus will be to extend the Goldstorm Zone along strike to the northeast and to the southeast as well.

Olympia3 thanks for posting this. In order to get a quick ballpark number on what this means, I went back and compared the Iron Cap 2010 drill results (46 holes) to the 15 Goldstorm holes reported today through 2018. The Iron Cap exploration through 2010 resulted in a reported Measured and Indicated (M&I) resource of 5,112,000 oz. Au which was published around 2012. The average Iron Cap Grade * Intercept value per hole was about 100.187. The previous Copper Belle data for 30 holes through 2017 showed average Grade * Intercept per hole of about 108.96, or about 8.76% higher than Iron Cap 2010, and I had calculated a guestimate of 1,800,000 oz. Au Inferred for Copper Belle based on those numbers (taking into account the area drilled at Iron Cap vs. the smaller area drilled at Copper Belle). The average Grade * Intercept at Goldstorm for the 15 holes showing in today's press release is about 248.79. Based on these higher grades for a drill area of 500m * 300m * 700m deep it does appear that Goldstorm could be larger than the previous thinking for Copper Belle - maybe twice the size if future drilling shows consistent grades. The Goldstorm holes appear to cover the entire eastern edge of what was thought to be a part of Copper Belle. That could explain why all of the eastern holes were so much higher in grade. I would like to see quite a bit more drilling this year to fill in the blanks. I would hope that Sprott or another partner would come in to take a piece of Tudor and help fund the drilling so they can move quickly in 2019. The Tudor stock price is still low and I think this new information justifies some interest and action.

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