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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

Teuton Resources Corp > hole 23-167 -- 150 meter step out confusion
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Post by highper on Jul 13, 2023 9:52pm

hole 23-167 -- 150 meter step out confusion

Tudor Gold Intersects Wide Gold Intervals in Two 150 Meter Northeast Step-Out Holes


The drill pad from which hole 23-167 launched is 250-300 meters from the furthest drill pad to the north east in 2022. Yet tudor says hole 167 has only been stepped out 150 meters..  They had to have calculated their 150 meter step out number from the furthest north east drill hole in 2022. It would have originated at the furthest drill pad to the north east and arced within 150 meters of the vector traced by hole 167.  That is how i make sense of the usage of the confusing 150 meter step out headline..

the same logic applies to hole 164 on the DS 5 zone... I've included the drill map provided by teuton so that you can visualize the proximity of the drill hole vectors..

https://images.newsfilecorp.com/files/4494/172939_504012_2023-07-10%20pr%20ddh%20sections%20-%20final.pdf
Comment by rockport1 on Jul 15, 2023 2:56am
highper, I think 23-167 is a 150 metre step out from the boundary of the resource. Yes, it is further than that from the previous dril pad, but the azimuth of the drill hole is differant; more westerly than comparison holes. 
Comment by highper on Jul 15, 2023 5:33am
Tudor was ill-advised to use the 150-meter step out term in the subject line of the press release. It was confusing .... and had to be addressed cause drill hole 167 at the point of its origin was 250- 300 meters from the most north easterly drill pad of last year.. a shareholder reading a press release should never have to ask himself what on earth are they talking about.....someone put a rock in ...more  
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