Teuton Resources Corp V.TUO

Blackwolf & the Harry Project

[rockport1]

The timing seems right for the next set of assays from Blackwolf's Harry project option;  possibly next week?  It will be interesting to see if they can develop any size on this discovery, since the grades are obviously outstanding.  For those who missed it, one hole from the Swann Zone hit two separate one metre intervals of 312 g/t Au & 291 g/t Au respectively. This was a rushed core.  Assays from the remainder of the hole and an additional six holes are still pending. 

According to my math, after the Optimum/Blackwolf merger, Teuton should hold about 2.6 million shares of Blackwolf  if the option commitments ($9 million over five years) are completed. Of course, Teuton would also hold a 20% interest and a 2.0% NSR. 

If some size is confirmed, this would arguably put Harry at number 2 on Teuton's asset list.

[highper]

I would expect the cantoo assays to be released before any harry assays. I would then expect the harry assays to come out at least 30 days after the cantoo assays. it all depends if the cantoo assays are being held back. Otherwise in blackwold twitter interview i believe blackwolf said assays were supposed to be available 60 days ater delivery to the assayer. This is the busiest time of the year

[rockport1]

Ah, okay, Cantoo assays first. I have only followed Blackwolf due to the connection to Teuton's interest in Harry and sort of disregared Blackwolf's other projects.  I do remember watching a presentation where more assays are expected before the end of November. Too bad it will be Cantoo; I'm very curious to see the Harry results. Given that Teuton may eventually hold 2.6

[highper]

Blackwolf could surprise us, but the cantoo drilling was completed before the Harry drilling began. Note the 2% nsr dino included in the joint venture agreement....