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Bullboard - Stock Discussion Forum 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... see more

TSXV:TUO - Post Discussion

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Post by Jumperdidwin on Sep 28, 2021 11:59am

PEA

It seems a PEA was a major priority for TUD this year.

Since the deposit is still open in all directions and needs more drilling next year, has anyone ever heard of a PEA being issued for what they currently have?  In other words, could they issue a PEA for the area they have now drilled out and then say they will work next year to add the the PEA, the same way they are doing for known and implied oz of gold they have discoverd so far?
never heard of this, but what do i know,  i am just a little old farmer from Aberarder

jumper
Comment by rockport1 on Sep 28, 2021 4:38pm
Typically a PEA is not carried out until most of the deposit is defined, otherwise you are wasting your money.  For example, where is the pit located?  How about the waste rock to ore ratio? Where do you locate all ore stockpile, waste rock, ponds, facilities, etc.?   All the engineering must be carried out to determine proper locations ore-wise, structural-wise, etc. What if ...more  
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