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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
Comment by stockzorgon May 10, 2019 8:29am
95 Views
Post# 29733083

RE:Interesting development.. GT Gold arranges $17.6M financing

RE:Interesting development.. GT Gold arranges $17.6M financing
Fabe wrote: With Newmont-Goldcorp... https://www.stockwatch.com/News/Item.aspx?bid=Z-C%3aGTT-2756431&symbol=GTT®ion=C


The money will be used to develop the Saddle North target primarily.  At the same time you have Colorado merging with Buckingham Copper.  Buckingham owns the Moat property, about 2000 meters from Saddle. Colorado owns Kinascan-Castle, about 4,000 meters from Saddle.  Buckingham management will run the combined company and provide $1.5 million to drill the Castle target later this year if the deal goes through.  The combined company also owns the ROK property on the other side of GT Gold which has 1.2 million oz. Au in the Inferred category.  

The Newmont Goldcorp and Colorado investments are interesting in that they were announced within a day of each other and are so close geographically.

This is another significant investment by a major in the GT, and close to the Newcrest purchase of Red Chris for $800 million.
Bullboard Posts