Current Presentations
Following is a summary of programs-in-progress along with anticipated start dates for upcoming summer 2007 programs on Teuton's Stewart-Eskay Creek region properties*:
Treaty Creek
A major, 5,000+ metre drilling program is under way on Teuton's large Treaty Creek property, adjoining north-northeast of the emerging 20 million oz. gold, Sulphurets camp of Seabridge Gold and Silver Standard. Drilling on the Eureka zone is complete, and two drills are currently testing targets in the Copper Belle and GR2 zones. Drilling of the ND zone is imminent. The Copper Belle and ND zones are two new discoveries, exposed in 2007 due to meltback of the Treaty Glacier. The former zone features several sub-parallel stockworks of massive to semi-massive pyrite accompanied by chalcopyrite, galena and tetrahedrite, the latter chalcopyrite and tetrahedrite in a 5m wide quartz vein. American Creek is the operator and is providing funding pursuant to the terms of a $5 million option agreement with Teuton.
Fiji
In August, Teuton and related company Silver Grail mobilized a drill to the Fiji property, adjoining due west of the exciting Homestake Ridge gold discovery of Bravo Ventures. Bravo has indicated it will carry out a 9,000 meter, multi-rig drill program in an attempt to expand a recently announced inferred resource containing 900,000 ounces of gold. Teuton and Silver Grail are currently on the 4th hole of the Fiji program, testing two separate high-grade gold showings discovered by grass roots prospecting in 2006.
Orion
In late August, Teuton began drilling on its wholly-owned Orion property located west of the Frank Mackie Glacier. This prospect covers an Eskay-type target featuring gold-rich arsenopyrite veinlets hosted within a glassy rhyolite. It has never been drilled before and is considered to be an outstanding “wildcat”.
Konkin Silver
In September, Teuton and related company Silver Grail are scheduled to drill the Konkin Silver property, continuing a 2006 program which was interrupted by the onset of winter conditions. Targets include several high-grade silver showings, an intense geophysical anomaly and the possible southern extension of mineralization now being drilled on the Midas property.
Leduc Silver
Bell Resources was expected to return to the Granduc area for a major 2007 drill program aimed at defining and expanding the 4km long Besshi copper-sulfide system traversing its core Granduc holdings north onto Teuton's adjoining Leduc Silver property. Very recently, Bell announced it was taking part in a complex, three company amalgamation, concurrent with major financing. It now seems likely that until this amalgamation and financing is complete, further work on the Granduc project will be held in abeyance. Results Pending...
Drilling of the Midas property (adjoining south of the Del Norte property) by optionee Sabina Silver is now complete and assays are awaited. This program targeted extensions of bulk tonnage type gold mineralization discovered by drilling in 2006.
*Note: Estimated start-up dates, size and scope of programs are all subject to change contingent upon a variety of conditions, including but not limited to: weather, drill and personnel availability, government approvals, successful completion of financing (both as regards the Company and its optionees, and general stock and metal market conditions.
Current News
Private Placement Completed
Teuton Resources Corp. (“Teuton”) (“TUO”) is pleased to announce that it has completed the private placement announced July 19, 2010. Altogether $450,000 was raised from the sale of 1,000,000 units at $0.45 ...
read moreIC2 Claim Purchased
Teuton Resources Corp. (“Teuton”) (“TUO”) announces that it has entered into an agreement to purchase a 100% interest in the IC2 claim, subject to a 1.5% NSR which is capped at $500,000 ...
read moreDrilling Starts at Tennyson Property
Teuton Resources Corp. (“Teuton”) (“TUO”) is pleased to announce that the Company has commenced a drilling program on its wholly-owned Tennyson property, located 6km due west of the former Granduc Mine millsite ...
read morePrivate Placement
Teuton Resources Corp. (“Teuton”) (“TUO”) has agreed to complete a private placement to raise proceeds of up to $450,000. It has been agreed that the offering will comprise up to 1,000,000 units at $0.45 per unit ...
read morePrivate Placement Completed
Teuton Resources Corp. (“Teuton”) (“TUO”) has completed 1,163,611 shares of the private placement announced June 1, 2010 to raise proceeds of $523,625. Proceeds of the offering will be expended on ...
read moreBanner year for Teuton's many Golden Triangle claims
Teuton Resources Corp. (“Teuton”) (“TUO”-TSX-V) ("TFE"-Frankfurt) is finalizing its plans for the 2010 season in the Golden Triangle region of northwestern British Columbia. Early indications are that more than ...
read morePrivate Placement
Teuton Resources Corp. (“Teuton”) (“TUO”) has agreed to complete a private placement to raise proceeds of up to $900,000. It has been agreed that the offering will comprise up to 2,000,000 units at $0.45 per unit ...
read moreGrant of Options
Teuton Resources Corp. (“TUO”, “the Company”) has, in accordance with its Stock Option Plan, granted to employees, consultants and directors of the Company options to purchase a total of 1,886,000 shares of ...
read moreTeuton Farms Out Stamp Claims
Teuton Resources Corp. (“Teuton”) (“TUO”-TSX-V) ("TFE"-Frankfurt) is pleased to announce that it has farmed out its Stamp claims, located in the Stewart region of northwestern British Columbia, to Decade Resources ...
read moreTeuton's High Property is 1.25 km South of Silver Standard's New Bridge Gold Deposit
Teuton Resources Corp. (“Teuton”) (TUO-TSX-V) and (“TFE”-Frankfurt) is pleased to announce that it intends to explore its High property in the 2010 field season, located in the Sulphurets region of northwestern British ...
read moreTreaty Creek Discovery Hole Runs 241 metres of 0.80 g/t Gold
Teuton Resources Corp. (“Teuton”) (TSX-V: TUO) and American Creek Resources Ltd. (“American Creek”) (TSX-V: AMK) are pleased to release the final batch of assay results comprising 18 of 32 holes from the 2009 ...
read moreSilver Leduc Property Farmed Out
Teuton Resources Corp. (“Teuton”) (“TUO”) is pleased to announce that it has entered into an agreement with Bell Copper Corporation (“Bell”) whereby Bell can acquire a 100% interest in Teuton’s Silver Leduc claims ...
read moreHigh Grade Gold and Bonanza Grade Silver Discovered in New VMS Discovery at Teuton’s Treaty Creek Property
Teuton Resources Corp. (“Teuton”) (TSX-V: TUO) and American Creek Resources Ltd. (“American Creek”) (TSX-V: AMK) are pleased to release the first batch of assay results comprising 14 of 32 holes from the 2009 ...
read moreTeuton Options Red Chris Area Claims
Teuton Resources Corp. (“Teuton”) (“TUO”) is pleased to announce that it has optioned a 100% interest in three strategic claims in the Red Chris area of northwestern British Columbia. The claims approach within 3km of ...
read moreTennyson Hole Cuts 19.8m of 2.0 g/t Gold
Teuton Resources Corp. (“Teuton”) (“TUO”) is pleased to announce that it has received assay results for the recently completed diamond drilling program on its Tennyson claims, situated 48km northwest of Stewart, British Columbia ...
read moreBonsai Property Farmed Out
Teuton Resources Corp. (“Teuton”) (“TUO”) is pleased to announce that the Bonsai property has been optioned to Copper Creek Ventures Ltd. The Bonsai property is located to the immediate west of Barrick's Eskay Creek mine property, some 80km northwest ...
read moreHole #28 Cuts 12.80 Metres of 44.75 g/t Gold (42 Feet of 1.305 oz/t Gold)
Teuton Resources Corp. (“Teuton”) (“TUO”) and Silver Grail Resources Ltd. (“Silver Grail”) (“SVG”) are pleased to report complete assay results for the second phase of the 2009 drill program on the Clone gold property, situated 18km southeast of Stewart, British Columbia ...
read moreHole #21 Cuts 7.93 Metres of 30.37 g/t at Clone
Teuton Resources Corp. (“Teuton”) (“TUO”) and Silver Grail Resources Ltd. (“Silver Grail”) (“SVG”) are pleased to announce that the second phase of drilling on the Clone gold property, situated 18km southeast of Stewart, BC, is now complete and wishes to report the first ...
read moreTennyson Drilling Commenced
Teuton Resources Corp.(“Teuton”) (“TUO”:TSX-V; “TFE”-Frankfurt) is pleased to announce that the Company has commenced a drilling program on its wholly-owned Tennyson property, located 6km due west of the former Granduc Mine millsite and 50km by ...
read moreAmerican Creek Elects to Fund Treaty Creek Until Feasibility
Teuton Resources Corp.(“Teuton”) (“TUO”:TSX-V; “TFE”-Frankfurt) is pleased to announce that American Creek Resources (“AMK”) has served notice on the Company that it has spent enough money on the Treaty Creek property to earn in to a 51% interest. Subsequent to ...
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