Teuton Resources Corp. and Minvita Enterprises Ltd. are pleased to announce final drilling results from a recently completed program on the Clone gold property, located southeast of Stewart, BC. The Clone property is under option to Lateegra Resources Corp. (“LEG”-TSX Venture Exchange), which can earn a 50% interest in the property by spending $1,500,000 in exploration over a four year term.
Gold values from Hole #’s CL-03-1 to CL03-4, inclusive, are as follows:
|Drill Hole||From (feet)||To (feet)||Interval (feet)||Gold (oz/ton)|
|* Previously reported|
Holes CL03-3 and CL03-4 were collared in previously untested areas of the Main Zone on the Clone Property. Hole CL03-5 was collared at the same location as CL03-4 but with a steeper dip. It was terminated at 150 feet and consequently did not reach the necessary depth to intersect the high-grade structure intersected in CL03-4.
Management of Lateegra is pleased with the 2003 drill program at the Clone property. Especially encouraging are holes CL03-3 and CL03-4 as they support the findings of the 1998 detailed structural study completed by SRK Consulting Engineers of Vancouver, B.C., suggesting the gentle, northerly plunging orientation to gold bearing shoots within the shears.
Three short holes (CL03-6,7 & 8) tested narrow shear zones located in intrusive rocks one mile west of the Main Zone. None of these holes intersected significant mineralization. Pioneer Laboratories of Richmond, British Columbia, an accredited facility, performed all of the analyses. Alex Walus, P. Geol., qualified person and professional geologist is responsible for the design and conduct of the 2003 exploration programs and the verification and quality assurance of analytical results. Mr. Walus has 15 years experience exploring the Stewart region.
ON BEHALF OF THE BOARD OF DIRECTORS
TEUTON RESOURCES CORP.
Teuton Resources Corp
Minvita Enterprises Ltd.
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