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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

Post by stockzorgon May 08, 2023 12:13pm
185 Views
Post# 35436557

Drilling Started

Drilling StartedIn 2022 the start of drilling at T/C was reported on May 9, and the first results were reported about two months later on July 12.  So I expect to see the first results this year on or before July 11.  There could be an interim update as there was last year when they added more drills after the  huge step-out hole hit big.  My guess is that they will report in June when the two drills become active at Perfect Storm as well.

As with last year, that first step out hole - KK mentioned 300m in one of his interviews - could be very big news.  Because of the consistency of this deposit and the significant depth, a 300m step-out at over 1g/ton AuEq would add a very large number of tons to the deposit.  KK is also repeating the formula of 1oz. of Au found for every $2 spent drilling.  That would easily hold up if the first step out hole looks good.

Do your own due diligence.  GLTA.  Doug
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