Teuton Resources Corp. (“Teuton”) (“TUO”) and Silver Grail Resources Ltd. (“SVG”) are pleased to announce that results have been received for the first two holes of the 2010 program on the Clone property, located southeast of Stewart, BC. These holes were drilled at the southeastern end of the high-grade zone in the H-1 structure and were drilled at shallow angles in order to guide the bulk sampling program. Results follow:
|Drill Hole||Interval (metres)||Length (metres)||Gold (g/t)|
|CL10-01||17.37 to 28.96||11.58||5.98|
|Incl.||21.34 to 21.67||0.34||105.10|
|CL10-02||22.40 to 24.17||1.77||11.36|
The mineralized zone exhibits distinctive signs of hydrothermal brecciation, with gold occurring as fine disseminations localized within intensely chloritized, highly silicified semi-massive to massive hematite-specularite.
The QA/QC protocol system employed during the 2010 exploration program included procedures for monitoring the chain-of-custody of samples and the insertion of blanks and reference standard samples in every batch of samples. Pioneer Laboratories of Richmond, BC., an accredited facility, performed the analyses.
E. R. Kruchkowksi, P. Geo., is the Qualified Person for the purposes of this news release.
“Dino Cremonese, P.Eng.”
D. Cremonese, P.Eng.
Silver Grail Resources Ltd.
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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. and Silver Grail Resources Ltd. have an ongoing obligation to disclose material information, as it becomes available.
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