(TheNewswire)
June 5, 2018 : Teuton Resources Corp.
(“Teuton” or “the Company”) (“TUO”-TSX-V) ("TUC"-Frankfurt) is pleased to pass on this report extracted from a
June 4, 2018 news release from Tudor Gold, operator of the Treaty Creek property. Tudor Gold reports that work is most
encouraging and that another 8 to 16 holes to depths of greater than 700m are recommended in order to publish a preliminary
resource estimate.
Click Image To View Full Size
Figure 1: Copper Belle 3D Image
The Treaty Creek property adjoins to the north of the KSM property of Seabridge Gold in the Golden Triangle
region of northwestern British Columbia. Teuton holds a 20% carried interest in the property (carried until a production
decision is made) as well as various NSR interests. American Creek Resources also owns a 20% carried
interest and Tudor Gold Corp. is the Operator with a 60% working interest (Tudor Gold pays for all costs up until a production
decision is made).
Walter Storm, President and CEO , commented :
“Our first priority now is to complete the work for our resource estimate followed by drilling other exciting
targets confirmed by Simcoe Geoscience. The consolidated geophysical survey that combined acquired data from magnetotellurics (MT),
magnetometer (Mag) and electromagnetic (EM) surveys has provided Tudor with several high priority anomalous drill targets. We
expect that this summer’s drill program will be very busy.”
In Figure 1 above you can clearly see that the north end face of the Copper Belle (right) is cut-off
demonstrating a continuation of the mineralized zone to the north. When looking at Figure 2 below, the Copper Belle anomaly also
shows a strong continuation of mineralized structure that is open to the north, west and to depth. This was verified in the 2017
drill results and supports our priority focus for 2018 drilling on the Copper Belle extensions. The Konkin Zone anomaly is a high
priority exploratory drill target that previously generated 870 g/t Au over a 1.2m channel sample.
Click Image To View Full Size
.
Figure 2: Treaty Creek Anomalies
In Figure 3 below an intense anomaly has been identified adjacent to the RR Zone and GR2 Zones
and represents another high priority exploration drill target. The GR2 assays from 2017 indicated
a high grade VMS strata-vein feeder system adjacent to this large anomaly. The anomaly itself is
believed to be a porphyry style structure similar to Copper Belle. Drilling this anomaly will
advance
our understanding of the system and the potential for a new discovery.
Click Image To View Full Size
Figure 3: GR2 & RR Zone MagnetoTelluric Hot Spot
Qualified Person
The Qualified Person for the analytical information in this new release is James A. McCrea, P.Geo, for the
purposes of National Instrument 43-101. The Qualified Person for this news release is Dino Cremonese, P.Eng., who as
President of Teuton is not independent of the Company. Mr. Cremonese has not verified the accuracy of the technical data but
believes that it is reliable.
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. Eleven
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.
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
This news release includes certain forward-looking statements concerning the future performance of our
business, its operations and its financial performance and condition, as well as management’s objectives, strategies, beliefs and
intentions. Forward-looking statements are frequently identified by such words as “may”, “will”, “plan”, “expect”, “anticipate”,
“estimate”, “intend” and similar words referring to future events and results. Forward-looking statements are based on the current
opinions and expectations of management. All forward-looking information is inherently uncertain and subject to a variety of
assumptions, risks and uncertainties, including the speculative nature of mineral exploration and development, fluctuating
commodity prices, competitive risks and the availability of financing, as described in more detail in our recent securities filings
available at www.sedar.com. Actual events or results may differ materially from those projected in the forward looking-statements
and we caution against placing undue reliance thereon. Teuton Resources Corp. does have an ongoing obligation to disclose material
information, as it becomes available.
The TSX Venture Exchange has neither approved nor disapproved the
information contained herein.
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