“Over the past five years, the northwest Stikine [Golden Triangle] has built its momentum towards becoming the world’s next big mineral province,” he says. “People are recognizing that these deposits have high-grade roots and big extensions they never thought were there.”
- Jeff Kyba, BC Government Geologist, as quoted in the Northern Miner, May 6, 2015
THE SULPHURETS REGION
View from Teuton’s King Tut Property Looking North Towards Pretium Resources’ High-Grade Gold Valley of the Kings Deposit
Seabridge Gold and Pretium Resources control the heart of the district, however Teuton acquired extensions to the north and south by staking in the 1980’s.
Three World Class Mineral Deposits have been found in the region to date.First explored in the 1930's when prospectors were attracted to bright, "red-thumb" gossans.
Modern era begins with staking of principal claims by Granduc in 1959 followed by various owners and optionees.
Over $500 Million in exploration has been spent to date.
VALLEY OF THE KINGS (VOK)
Seabridge Gold/Pretium Resources
ONE OF WORLD'S RICHEST IN TERMS OF TONNAGE AND GRADE
$386 MILLION SPENT TO DATE
8.7 million ounces of gold in the Measured and Indicated Resource categories (15.3 million tonnes grading 17.6 grams of gold per tonne); and
4.9 million ounces of gold in the Inferred Mineral Resource category (5.9 million tonnes grading 25.6 grams of gold per tonne).
*Pretium Resources Inc. Brucejack Project Reserves and Resources Summary (December 2013)
The high-grade gold resources in the Valley of the Kings (5.0 g/t gold-equivalent cut-off) total*:
TONNAGE & GRADE COMPARISONS TO OTHER MAJOR GOLD MINES
A WORLD CLASS COPPER - GOLD DISCOVERY
8.2 million ounces of gold, and 9.3 billion pounds of copper
(782 million tonnes grading 0.33g/t gold and 0.54% copper)
Deep Kerr compared to other world famous copper gold deposits
A WORLD CLASS BULK TONNAGE PORPHYRY COPPER-GOLD AND GOLD-MOLYBDENUM DEPOSIT
Proven: 473 M Tonnes grading 0.67 gpt Gold and 0.17 % Copper
Probable: 935 M Tonnes grading 0.57 gpt Gold and 0.16 % Copper
*Pretium Resources Inc. Snowfield Project Reserves and Resources Summary (February 2011)
Measured and Indicated Resources of 25.9 M ounces Gold
(1,370 M tonnes grading 0.59 g/T Gold)
*Seabridge Gold Ltd. Mineral Reserves and Resources (March 2014)
TWO DEPOSITS ARE RELATED, SNOWFIELD IS THE FAULTED
OFF UPPER PORTION OF THE MITCHELL
BC Government Geologist, Jeff Kyba, Says the Area within Two Kilometers of the “Red Line” is Highly Prospective for the Discovery of Additional Mineral Deposits.
He also says proximity to thrust faults, such as the “Sulphurets Fault” Adds to the Chances of Finding a New Deposit.
Much of Teuton’s ground north and south of the Seabridge/Pretium properties lies within this favourable corridor.
Teuton acquired most of its ground over thirty years ago, beginning in 1983
TEUTON’S TREATY CREEK PROPERTY--View looking east at giant Treaty Central gossan
Copper Belle zone-Treaty Creek
Hole # #CB09-14 ran 241m of 0.8 g/t gold and ended in mineralization.
Trenches into numerous mineralized zones have returned the following grades:
Konkin zone      Gold Pit     1.3 m of 960 g/t gold (28 oz/ton gold)
AW zone             AW-1          8.7 m of 15.7 g/t gold and 353 g/t silver
GR-2 zone          B-1              3.8 m of 4.7 g/t gold and 2,475 g/t silver
Current Ownership: 49% Teuton Resources/51% American Creek Resources
MAJOR GEOPHYSICAL ANOMALY DISCOVERED AT TREATY CREEK
Zone A is at the edge of the magnetotelluric survey. Geopyhsicist Kevin Killin said “The zone has the potential to be a very large body based on the information provided, should it extend to the southwest toward the Seabridge KSM property”.
Zone A is close to the hole which ran 241m of 0.8 g/t gold and may be related to this mineralization. It potentially could be signaling an as yet undiscovered porphyry copper-gold deposit.
KING TUT—TUCK—DELTA—FAIRWEATHER—ORION—HIGH NORTH PROPERTIES
Teuton has six properties SOUTH of Seabridge’s KSM property and Pretium Resources’ Brucejack property.
Large portions of these six properties lie within two kilometres of BC government geologist Jeff Kyba’s “red line”.
In addition, the Sulphurets thrust fault, known to be related to all of Seabridge’s mineral deposits, continues south well into the Teuton properties.
Quartz-sericite alteration zones occur at numerous sites on the King Tut, Tuck, Delta, Fairweather, High North and Orion properties of Teuton. Many of these zones have been only marginally investigated. Ongoing meltback of ice and snow (global warming?) reveals fresh areas every year.
All properties are currently available for option.
KING TUT PROPERTY
A single hole drilled in 2012 encountered 222m grading 0.88 g/t gold, approximately the same grade and width as the average of twenty-one holes drilled into Pretium Resources; Bridge zone in 2010.
Quartz veins in the vicinity have returned the following grades from grab samples:
Meltback of snow and ice in 2014 revealed an extensive quartz-sericite alteration exposure on the Tuck property.
Anomalous gold, silver and arsenic values were recorded over a wide area in 2014 exploration work.
Further work is planned for 2015, particularly in the untested northern portion of the zone.
Eskay Creek-type targets
Close to mega porphyry Cu-Au deposits
Extensive gossanous zones
THE ORION IS CURRENTLY AVAILABLE FOR OPTION
GOOD POTENTIAL EXISTS FOR THE DISCOVERY OF PORPHYRY COPPER-GOLD MINERALIZATION
ON TEUTON GROUND
Drilling in 2010, 2011 and 2013 has already defined two porphyry copper-gold zones on
Teuton’s wholly-owned “TENNYSON” property.
A second “red line” area located to the southwest of Teuton’s six properties, also has potential for porphyry copper-gold mineralization. One prospect recently identified in this area is the “Pearson”.
Vanishing ice exposed the Tennyson porphyry copper-gold zone in 2010.
Teuton drilled the zone in 2010 and 2011 and farmed out the property to Brigade Resources in 2012. Brigade, a private Hunter Dicksinson company, spent about $3 million on the property before returning it to Teuton in 2014.
HIGHLIGHTS OF DRILLING ON TENNYSON PROPERTY
Hole TN11-04 ran 229.5m grading 0.25g/t gold and 0.32% copper
Hole TN13-09 ran 205.5m grading 0.23 g/t gold and 0.30% copper
THE TENNYSON IS CURRENTLY AVAILABLE FOR OPTION.
Untested potential copper-gold porphyry
Note the extensive green copper stains at various locations.
Numerous target zones exist to the north of the Pearson prospect
along a second “red-line” corridor