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 > Great Bear to scale

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Comment by rockport1on Dec 12, 2021 4:54pm

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Post# 34223464

RE:RE:RE:RE:Great Bear to scale

This is a very interesting catch Olympia2! I have read through the NSR mateiral from the MDAs on SEDAR a few times, but never noticed this purchase option for Teuton before. I wonder if this was newly added to the website, based on some deep digging through the old contracts?

Fascinating indeed.

Olympia2 wrote:
I was not aware, that TUO can ad for $1 mio an additional 1% nsr for the peripheral claims.
Isn't the Eureka in that zone?

In the area surrounding the core claims (the “peripheral claims”) Teuton owns a

0.49% NSR; St. Andrew Goldfields owns a 2% NSR in these claims and Teuton has an option to purchase

one half of that interest for $1 million—should Teuton exercise that option it will own a 1.49% NSR in the

peripheral claims.

Olympia2 wrote: with 5,998,927 Tudor shares held by TUO, TUO actualy owns 22% of Treaty Creek
Doing a calculation for TUO's 1% nsr gives the 70 mio ounces dream an incredible boost.
On TUO's website, there is a interesting calculation example.
https://teuton.com/royalties/