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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

Comment by CharlieWaffleson Apr 04, 2022 9:11am
165 Views
Post# 34572498

RE:RE:TUP PR MAR 01, 2022 five different companies optioned Treaty

RE:RE:TUP PR MAR 01, 2022 five different companies optioned TreatyFound it. Have a great day! 

https://teuton.com/properties/treaty-creek-property/

History of Treaty Creek

From 1985 to 2015, Treaty Creek was explored by Teuton and five separate optionees (Tantalus Resources, Homestake Mining, Global Explorations, Heritage Explorations and American Creek Resources). Around $9 million was spent during this period resulting in the discovery of multiple zones of precious metal mineralizaton. In 2016, Teuton and co-owner American Creek (“AMK”), optioned the property to Walter Storm’s vehicle, Tudor Gold.

Treaty Creek was originally discovered by prospectors Knipple and Williams in 1928, who then interested C.M. & S. Co. (Cominco) in the claims. Some gold and copper was apparently found (there are no assay records of this early work) but Cominco eventually dropped the property. Knipple and Williams returned to the property in the 1950’s and are reported to have discovered some high-grade silver-bearing float on the glacier as well as a narrow tetrahedrite-bearing vein in place. In 1983-4, Dino Cremonese, before Teuton was a public company, staked a large tract of ground covering the current Goldstorm/CB deposit. Afterwards Teuton purchased a 20 unit claim from Elan Exploratoins covering the present campsite area (Eureka zone).

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