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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 bigboy999on Jan 06, 2024 10:10pm
120 Views
Post# 35814281

RE:RE:RE:RE:RE:Teuton E letter is out

RE:RE:RE:RE:RE:Teuton E letter is outI gave an udate on Del Norte in my last post. Here is the latest on Lord Nelson (from 3rd quarter 2023 MD&A). We won't see another SEDAR report until the 2023 year end report comes out the end of April and 1st quarter 2024 report end of May, that's how the reporting will go in 2024. If you need further info you'd need to contact Barry or Dino, although I don't think there's been any material changes since these most recent reportings.

From SEDAR:

The Lord Nelson was optioned to Decade Resource in August of 2020 on terms allowing Decade to earn a 55% interest by spending $2,000,000 over five years and by making various cash and share payments. A further 20% interest can be earned by placing the property into production. Decade drilled 9 holes close to the boundary area between the Lord Nelson and Del Norte property in 2020 showing scattered gold and copper values. Extensions have been granted to Decade by Teuton on certain option payments and expenditures good until January of 2024.

Regards ............. BB
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