Teuton Resources Corp. (“Teuton”) (“TUO”:TSX–V; “TFE”-Frankfurt) is pleased to report the final results of the 2007 exploration program on the Treaty Creek Project located in northwest British Columbia, Canada.
The 11,400 hectare (28,200 acre) Treaty Creek property is not only adjacent to one of the largest gold discoveries ever made in North America , but appears to form part of the same highly mineralized trend line. Seabridge Gold’s (SEA: TSX-V, SA: AMEX) Mitchell deposit is located immediately south of the Treaty Creek Project. Seabridge recently announced an updated independent National Instrument 43-101 mineral resource estimate for the Mitchell deposit which resulted in 55% of the total Mitchell gold resource now being classified as indicated. The combined 29.5 million ounces of gold and 5.1 billion lbs. of copper in the Mitchell resources now stand as follows:
| Indicated Mineral Resources | Inferred Mineral Resources | ||||||||
| Tonnes (000) | Gold (g/t) | Copper (%) | Gold Ounces (000) | Copper Pounds (millions) | Tonnes (000) | Gold (g/t) | Copper (%) | Gold Ounces (000) | Copper Pounds (millions) |
| 734,163 | 0.69 | 0.18 | 16,287 | 2913 | 667,421 | 0.62 | 0.15 | 13,304 | 2206 |
Seabridge has also reported that there is “considerable potential for further expansion to the north, south and at depth”.
Treaty Creek Drill Program
The Treaty Creek property is currently under option to American Creek Resources (AMK: TSX-V). American Creek has the right to earn a 51% interest in the property by spending $5 million over 3 years, or alternatively a 60% interest by taking the property to feasibility study.
As operator, American Creek completed a diamond drill program on the Treaty Creek property during August, September and October of 2007, drilling a total of 5,470 meters in 30 holes. All core was logged, split and sampled on site and was delivered to the EcoTech Laboratory field preparation facility in Stewart , BC . EcoTech personnel prepared the assay samples and forwarded them to the main EcoTech Laboratory in Kamloops for assay. The results from the first 17 holes were released on December 11, 2007. The highlights from the final 13 holes are set out below. All intersections are presented as drill hole intercept width and are not necessarily true width.
Copper Belle Zone
The Copper Belle zone lies within a prominent gossanous area recently exposed by the rapid melting of the Treaty Glacier. Surface observations indicate that the zone is well-mineralized with abundant pyrite locally accompanied by chalcopyrite, galena, sphalerite and bornite. Following are results from all 10 holes completed in 2007 on the Copper Belle zone with the previously unreported in italics and in bold:
| Drill Hole | From (m) | To (m) | Interval (m) | Gold (g/t) | Silver (g/t) | Copper (%) | Lead (%) | Zinc (%) |
| TC07-07CB | 2.44 | 48.76 | 46.23 | 0.83 | 6.39 | 0.041 | 0.031 | 0.166 |
| TC07-07CB | 65.00 | 81.00 | 16.00 | 0.66 | 0.23 | 0.002 | — | 0.016 |
| TC07-09CB | 2.44 | 80.00 | 77.56 | 0.79 | 2.8 | — | — | — |
| including | 2.44 | 41.00 | 38.56 | 1.17 | 4.4 | 0.033 | 0.048 | 0.044 |
| TC07-11CB | 2.43 | 73.00 | 70.57 | 0.76 | 4.91 | 0.034 | 0.016 | 0.031 |
| including | 2.43 | 18.50 | 16.07 | 1.61 | 13.34 | 0.080 | 0.041 | 0.060 |
| TC07-11CB | 113.00 | 130.00 | 17.00 | 4.33 | 2.00 | 0.013 | 0.003 | 0.008 |
| including | 113.00 | 115.00 | 2.00 | 22.60 | 5.80 | 0.019 | — | — |
| TC07-13CB | 4.00 | 43.00 | 39.00 | 0.72 | 3.26 | 0.028 | 0.034 | 0.040 |
| TC07-15CB | 2.43 | 72.50 | 70.07 | 0.66 | 6.31 | 0.081 | 0.042 | 0.041 |
| TC07-17CB | 1.82 | 32.00 | 30.18 | 1.32 | 5.93 | 0.093 | 0.071 | 0.126 |
| including | 8.00 | 14.00 | 6.00 | 2.91 | 19.70 | 0.414 | 0.190 | 0.215 |
| TC07-17CB | 52.00 | 71.00 | 19.00 | 1.24 | 15.14 | 0.047 | 0.017 | 0.043 |
| including | 64.50 | 71.00 | 6.50 | 2.93 | 42.52 | 0.130 | 0.031 | 0.047 |
| TC07-19CB | 2.43 | 78.50 | 76.07 | 0.93 | 8.78 | 0.063 | 0.030 | 0.052 |
| including | 60.00 | 68.00 | 8.00 | 3.23 | 45.48 | 0.933 | 0.012 | 0.026 |
| TC07-21CB | 2.43 | 43.50 | 41.07 | 1.11 | 5.88 | 0.080 | 0.070 | 0.057 |
| including | 2.43 | 24.00 | 21.57 | 1.67 | 9.8 | 0.136 | 0.116 | 0.095 |
| 127.00 | 171.00 | 44.00 | 0.82 | 1.5 | — | — | — | |
| TC07-23CB | 5.00 | 70.00 | 65.00 | 0.81 | 3.80 | 0.017 | 0.022 | 0.046 |
| including | 25.00 | 46.00 | 21.00 | 1.21 | 8.39 | 0.154 | 0.010 | 0.274 |
| TC07-23CB | 140.00 | 212.75 | 72.75 | 0.72 | 20.83 | 0.016 | 0.009 | 0.036 |
| including | 140.00 | 153.00 | 13.00 | 1.73 | 103.51 | 0.041 | 0.005 | 0.013 |
| TC07-30CB | 3.04 | 48.50 | 45.46 | 0.81 | 18.7 | 0.233 | 0.093 | 0.152 |
| including | 46.50 | 48.50 | 2.00 | 2.75 | 104.3 | 4.175 | 0.225 | 0.085 |
The Copper Belle zone appears to be one of the most promising new discoveries in the region. Based on the 2007 drill results, a considerable amount of exploration will be focused on this zone in the 2008 season.
GR2 Zone
This area is approximately 1 kilometer northwest of the Copper Belle and carries similar key minerals. Surface samples have been heavily mineralized with massive galena and sphalerite, indicating silver, lead and zinc. A total of 9 holes were drilled during the 2007 season. Following are the 6 holes which contained significant intercepts, with the new holes italicized and in bold
GR2 Zone Drill Results:
| Drill Hole | From (m) | To (m) | Interval (m) | Gold (g/t) | Silver (g/t) | Copper (%) | Lead (%) | Zinc (%) |
| TC07-12GR2 | 172.38 | 179.00 | 6.62 | 2.84 | 66.26 | 0.029 | 0.887 | 0.822 |
| TC07-14GR2 | 38.00 | 48.50 | 10.50 | 0.22 | 69.81 | 0.047 | 0.493 | 0.087 |
| TC07-16GR2 | 177.00 | 189.00 | 12.00 | 1.36 | 3.90 | 0.008 | 0.118 | 0.068 |
| TC07-24GR2 | 207.50 | 242.00 | 34.50 | 0.70 | 25.83 | 0.074 | 1.017 | 0.663 |
| TC07-26GR2 | 47.00 | 56.00 | 9.00 | 0.80 | 145.3 | 0.183 | 0.866 | 0.123 |
| and | 186.00 | 200.00 | 14.00 | 0.99 | 5.1 | 0.024 | 0.014 | 0.028 |
| TC07-27GR2 | 172.00 | 183.00 | 11.00 | 1.54 | 16.7 | 0.031 | 0.221 | 0.276 |
| including | 173.00 | 177.00 | 4.00 | 1.99 | 29.5 | 0.016 | 0.355 | 0.287 |
ND Zone
The ND zone consists of a small outcrop that was recently exposed as the glacier covering it continues to recede. Five shallow holes were drilled with no significant results.
Eureka Zone – previously reported December 11, 2007
The Eureka zone contains mineralization that appears to be similar to the gold/silver/copper bulk tonnage style Mitchell deposit immediately to the south of the Treaty Creek property. Historic intersections on the Eureka, including 0.757 g/t gold over 74.7 meters, 0.46 g/t gold over 169 meters, and 0.67 g/t gold over 72.3 meters, were expanded upon in the 2007 drill program because of the similarity to the Mitchell grades.
Highlights of the 2007 drilling on the Eureka include a 75.45 meter intersection of 0.69 g/t gold with 2.89 g/t silver, an 18.40 meter intersection of 1.21 g/t gold with 4.62 g/t silver, and an 8.51 meter intersection of 0.33 g/t gold with 2,094.00 g/t silver and 0.378% copper (this hole was lost in heavy faulting and ended in mineralization). Significant intercepts for five of the six holes drilled in the Eureka in 2007 are presented below:
Eureka Zone Drill Results
| Drill Hole | From (m) | To (m) | Interval* (m) | Gold (g/t) | Silver (g/t) |
| TC07-01Eur | 5.93 | 20.00 | 14.07 | 0.81 | 3.33 |
| 56.00 | 85.17 | 29.17 | 0.55 | 2.21 | |
| TC07-02Eur | 5.95 | 81.40 | 75.45 | 0.69 | 2.89 |
| including | 5.95 | 12.00 | 6.05 | 1.93 | 10.24 |
| and | 63.00 | 81.40 | 18.40 | 1.21 | 4.62 |
| TC07-03Eur | 5.49 | 66.00 | 60.51 | 0.45 | 1.90 |
| TC07-04Eur | 6.00 | 37.53 | 31.53 | 0.55 | 2.81 |
| including | 6.00 | 15.03 | 9.03 | 1.21 | 4.92 |
| *TC07-04Eur | 85.00 | 108.51 | 23.51 | 0.50 | 760.01 |
| including | 100.00 | 108.51 | 8.51 | 0.33 | 2,094.00 |
| TC07-06Eur | 69.50 | 152.00 | 85.50 | 0.47 | 3.65 |
*hole was lost at 108.51 metres depth.
Summary of 2007 Program Commenting on the 2007 Treaty Creek drill program, company President, D. Cremonese, P.Eng., said: “Over two-thirds of the 30 holes drilled in 2007 contained significant intercepts, which is excellent for a first year program. We are also encouraged that some of the holes contained gold-copper mineralization similar to that at Seabridge’s
property to the south. A second type of mineralization, with moderate to high silver values such as in the GR2 and Eureka zones, is also highly prospective.”
American Creek has indicated it is presently planning the 2008 Treaty Creek exploration program which will commence in approximately 2-3 months.
For more detailed information regarding the Treaty Creek Project please visit the Corporation’s website at www.teuton.com.
D. Cremonese, P.Eng. is the Qualified Person for Teuton Reources Corp.
For further information please contact Gary Assaly. Phone: 604-682-3680 (Toll-free 800-879-2333) Fax: 604-682-3992, or Email: gary.teuton@shawlink.ca.
Certain information contained in this news release constitutes forward-looking statements regarding the Corporation’s mineral properties. Forward looking statements are frequently characterized by words such as “plan”, “expect”, “project”, “intend”, “believe”, “anticipate” or statements that certain events or conditions “may” or “will” occur.Forward-looking statements are based on the reasonable opinions and estimates of management of Teuton Resources Corp. and are subject to a variety of risks, uncertainties and other factors that could cause actual events or results to differ materially from those projected in the forward-looking statements. These factors include: the inherent risks involved in the exploration and development of mineral properties, uncertainties involved in the interpretation of drill results and other geological data, fluctuating commodity prices, unforeseen permitting requirements, changes in environmental laws or regulations, the possibility of project cost overruns or unanticipated costs and expenses, weather conditions, the availability of contractors for equipment and services, the availability of future financing and general business and economic conditions. Such statements are also based on a number of assumptions which may prove to be incorrect, including assumptions about general business and economic conditions being accurate, the timing and receipt of regulatory approvals for projects and operations, the availability of financing, the ability to secure equipment and labour, and American Creek’s ongoing relationship with third parties. The foregoing factors, risks and assumptions are not exhaustive. Events or circumstances could cause actual events or results to differ materially from those estimated or projected and expressed in, or implied by, these forward-looking statements. Accordingly, readers should not place undue reliance on forward-looking statements. These forward-looking statements are as of the date they are made and Teuton Resources Corp. disclaims any obligation to update any forward-looking statements, except as required by law.
The TSX Venture Exchange does not accept responsibility for the adequacy or accuracy of this release.
