VANCOUVER, British Columbia, Aug. 21, 2017 (GLOBE NEWSWIRE) -- Teuton Resources Corp. (“Teuton” or
“the Company”) (TSX-V:TUO) (Frankfurt:TFE1) is pleased to announce that its reconnaissance crew has discovered a kilometer
long zone of copper mineralization located on its Pearson claims situated 20km south-southwest of Seabridge Gold’s prolific KSM
property (host to the world’s largest reserves of copper and gold), in the Golden Triangle region of northwestern British Columbia.
Teuton holds a 100% interest in the property.
Prospecting began in early August investigating the area of a large airborne geophysical anomaly, the source of
which is interpreted as being beneath surface. Chalcopyrite and chalcopyrite-magnetite float was found in the vicinity of the
anomaly and numerous samples were taken. The crew then explored sporadic outcrops of previously identified, copper stained
cliffs located to the west of the anomaly. Proceeding further north, the crew discovered a new, 1km long stretch in which
abundant green and blue, malachite and azurite stained rocks were observed.
Teuton geologist Dirk Meckert said: “It is very encouraging that the malachite and azurite is found on the cliff
faces for a straight distance of about 1km, ending at an ice field in the NW and a glacier in the SW. These are not only a few
occurrences, but staining shows in many places. Sometimes only small spots, but also large patches that can be seen from 200m away.
Mineralization is tied to fracture fillings and disseminations in wall rock as well as quartz veining.”
Theories as to the origin of the copper staining are speculative at this time. Samples have been taken and
sent in for assay and results will be announced when received. Mineralization observed in samples includes pyrite, galena,
chalcopyrite, magnetite and possibly sphalerite. Photographs of some of the individual occurrences can be seen on the Company’s
website which also includes a claim map (see end of release for URL).
D. Cremonese, P.Eng., President of Teuton commented as follows: “The discovery is likely the result of the
ongoing meltback of snow and ice that has been accelerating throughout the region in the past twenty years. Once assays have
been received, the next step will be further sampling and geological mapping followed by a drill program if conditions warrant (the
Pearson property is already permitted for drilling). All told, it is quite gratifying to find this much mineralization at
such an early stage of exploration.”
The Qualified Person for this news release is Dino Cremonese, P.Eng., who as President of Teuton is not
independent of the Company.
About Teuton
Teuton owns interests in more than thirty properties in the prolific “Golden Triangle” area of northwestern
British Columbia and was one of the first companies to adopt what has since become known as the “prospect generator” model. Ten of
its properties are currently under option and cash proceeds from these options have exceeded $1.45 million in the past two years,
not including the value of shares received from the optioning companies. Shareholders and other interested parties can access
information about Teuton at the Company’s website, www.teuton.com.
Respectfully:
“Dino Cremonese, P.Eng.”
President, Teuton Resources Corp.
URL for claims map: http://teuton.com/wp-content/uploads/2017/08/Pearson-property-location-map_04.pdf
For more information contact Investor Relations at 778-430-5680 or barry@teuton.com. If you would like to be added to Teuton’s news distribution list, please
send your email address to dino@teuton.com
Forward-Looking Statements: This news release contains forward-looking statements. Forward-looking
statements address future events and conditions and therefore, involve inherent risks and uncertainties. Actual results may differ
materially from those currently expected or forecast in such statements.
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies
of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
