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Teuton Resources Corp.
Summary
| Project: | Treaty Creek | |
|---|---|---|
| Deposit: | Treaty Creek | |
| Location: | Canada | |
| Commodities: | Gold-Silver-Copper | |
| Date: | 11/6/2018 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resources Definition | |
| Report details: | 6-11-2018: Teuton Resources Corp. announces an Exploration/Drilling Update report for its Treaty Creek deposit at the Treaty Creek project. Drilling results incl. 482.0m @ 0.486g/t Au, 1.6g/t Ag from 207.50m. October 31, 2018, Vancouver, BC: Teuton Resour | |
| Resources: | x | |
| CP/QP: | [Overall Report]: James McCrea (Internal) | |
| ABSTRACT: | October 31, 2018, Vancouver, BC: Teuton Resources Corp. (“Teuton” or “the Company”) (“TUO”-TSX-V) ("TUC"- Frankfurt) is pleased to to pass along a report from JV partner Tudor Gold’s exploration at the Treaty Creek property located adjacent to Seabridge Gold’s KSM property in the Golden Triangle region of northwestern British Columbia. The deep drilling program is now finished for the season and additional results of core sampling have been received for the nine hole 2018 program. Four holes are reported herein, supplementing the first two holes previously reported on August 27, 2018. The final three holes will be reported when assays are complete. Walter Storm, President and CEO of Tudor Gold, stated: “As the assay results come in from our deep drilling program at Copper Belle, the gold mineralized zone is really taking shape. We are seeing thick intervals of good gold grades in our northernmost hole reported to date. This indicates to us that the strong Copper Belle mineralization may continue to the north-northeast of our current drilling.” Holes CB-18-34 and 37B were drilled to the northwest at angles of approximately 75 degrees into the central part of a strong magnetic high (see map below) and returned broad intervals of gold mineralization. Holes CB-18-33B and 35B, located approximately 150 m farther to the west, were also drilled northwesterly; however, the gold values were lower in these two holes. The objective of the 2018 drill program was to better define the extent of the Copper Belle zone and the results from these holes have accomplished that. Excellent gold intercepts from our northernmost hole reported to date and moderately strong magnetic intensity extending north-northeasterly from the north end of the drill grid, indicate that the zone has good potential to continue in that direction. Gold, silver and copper results for holes CB-18-33B, CB-18-34, CB-18-35B and CB-18-37B , as well as hole 37, which was lost at 131.2 m, but re-drilled as 37B, are summarized in the table below. | |
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