For thousands of other reports visit RSC's Mineral Intellingence Map
Teuton Resources Corp.
Summary
| Project: | Clone | |
|---|---|---|
| Deposit: | Clone | |
| Location: | Canada | |
| Commodities: | Gold | |
| Date: | 2/1/2017 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resources Definition | |
| Report details: | 1-2-2017: Teuton Resources Corp. announces an Exploration/Drilling Update report for its Clone deposit at the Clone project. JV - Drilling results incl. 7.01m @ 10.38g/t Au from 13.41m. Teuton Resources Corp. (“Teuton”) (“TUO”-TSX-V) (“TFE”-Frankfurt) (“T | |
| Resources: | x | |
| CP/QP: | [Overall Report]: Dino Cremonese (Internal) | |
| ABSTRACT: | Teuton Resources Corp. (“Teuton”) (“TUO”-TSX-V) (“TFE”-Frankfurt) (“TEUTF”— OTCBB) is pleased to report results of the 2016 drilling at the Clone Gold property located 20 km southeast of Stewart in the Golden Triangle region of northwestern British Columbia. The last five holes of the seven-hole program were spotted at the southeastern end of a local widening in the H-1 structure from which several bulk samples have been taken in the past. About a hundred meters to the southeast, the first two holes of the program were drilled below a trench excavated in 1995 which returned a grade of 11.65 g/t gold and 0.18% cobalt across 9.0 metres. True widths of the intervals are not known. No significant cobalt values were encountered in the holes. The mineralized intercepts exhibit distinctive signs of hydrothermal brecciation, with gold occurring as fine disseminations localized within intensely chloritized, highly silicified semi-massive to massive hematite-specularite. The Clone gold and gold-cobalt bearing shear zones were first discovered in 1995. Since that date almost $6 million has been spent exploring a series of occurrences lying along a 2km package of volcanic and sedimentary rocks. The so-called Main Zone, situated in the southeast portion of this system, has produced elevated gold grades both in trenches and in diamond drill core. One bulk sample of 102 tons had an average grade of 137.1 g/t gold. | |
Full Report
opaxe is a smart software platform that reconfigures and redistributes information and produces business insights to help mining professionals and investors make better decisions. We utilise technology and machine learning for data collection and human intelligence for the value-added services.
Full Report