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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 rockport1on Sep 09, 2020 7:37am
301 Views
Post# 31525436

New results: Initial thoughts...

New results: Initial thoughts...

Here are my initial thoughts with a quick review of today's press release.

1. Perfect Storm is mineralized as hoped. Grades are lower than Goldstorm. I interpret Mr. Storm's comments to suggest: Results are okay for the initial holes. Since grades are clearly lower than what we are now seeing at Goldstorm, the focus for 2020 will be on Goldstorm. Tudor will plan a larger program in 2021 to better define what is there and locate the sweet spot. 

2. GS-20-67 is interesting in that the unplanned deviation extends the zone an additional 100-150m further North. In addition, the final 15m @ 0.905 g/t is extending or possibly a new zone even further North. This last 15m appears to be 200m (?) past the the extension just mentioned. 

3. GS-20-73 is very good hole. It would be nice if all holes showed similar consistent grades.

4. The overall grades on 67, 68 & 72 are a little low for my liking. Hopefully they do not detract from the overall consistentcy that allows the 100m & 150m drill spacing for measured and indicated. 

Interesting that the step-out holes to the NE were not in this batch. I would assume that those will be coming out in the next batch or two. I would like to see if there is minieralization between the end of 67 and the edge of the currently identified North boundary.

All in all pretty good; steady as she goes. The size of this zone continues to grow.

Bullboard Posts