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 engaged in the business of acquiring, exploring, and dealing in mineral properties in the province of British Columbia, Canada. The Company owns interests in more than thirty properties in the prolific Golden Triangle area of northwestern British Columbia. Its 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.

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Teuton Resources Corp > Teuton's Treaty Creek royalties: 0.98% to 1.49%

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Comment by Tim2Agamion May 23, 2023 10:24pm

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Post# 35461245

RE:Teuton's Treaty Creek royalties: 0.98% to 1.49%

rockport1 wrote: The NSR on Treaty Creek Area 1 is 0.98%, which covers most of the known deposits. Pretty straightforward. Area 2, which will cover the Southern end of Perfectstorm & anything found N/NE of the CBS has an NSR of 0.49%. However, I had forgotton this for Area 2:

"Primary royalty rate for this area is just under 0.49%. However, Teuton also owns a buyback right on half of a 2.0% NSR owned by St. Andrew Goldfields in this peripheral area. Teuton can acquire an additional 1.0% royalty at any time up to six months from the commencement of commercial production. If it were to do so it would own a 1.49% royalty in these peripheral claims. Teuton has not given a buyback on either of these two royalty segments."

So if a resource was found outside the areas of current focus, the NSR would actually be better than Area 1. Combing through older documents is sometimes worth the time for little nuggets.

Has the 2 % NSR formerly owned by SAS now (via KL in the middle) passed into the hands of AEM?

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