The Pearson property lies southwest of the Big Gold property, close to a second “red line*” in the region. This red line continues southward into the Granduc copper property.
A major EM anomaly has been identified on the Pearson property by previous owner, Castle Resources. This outstanding target, never before drilled, will be sampled and then drilled by Teuton in 2016.
A 100% interest in the property was transferred to Teuton in early 2016.
In early 2013 the previous owner of the property. Castle Resources, had an independent consulting company model and interpret a series of EM anomalies on the Pearson property outlined by a 2010 airborne survey. The resulting work identified a major, 2km long target—see accompanying figure.
Castle stated the following in their Feb. 2013 news release.
“An extensive conductor has been identified along the southern face of the area roughly 3.5 km north east of the JK Zone** (termed the North EM Conductor). This feature trends north-south, exhibits a conductivity greater than 13 mS/m and extends over a strike length exceeding 2 km, dipping approximately 15 degrees to the south. This feature extends to surface at location (NAD 83 UTM Zone 9) 419235 E, 6234560 N, and the majority of the feature begins 200 m below surface, representing a potential near-surface drill target. This conductive feature is located within a magnetic low and bounded to the east by a magnetic high (0.01 nT).
The target was scheduled for drilling by Castle in 2013 but due to circumstances this never took place.
In 2006, Teuton personnel visited the site and took a number of photographs (see below). These show an extensive area of pronounced copper stain which is believed to be either the source, or related to the source, of the EM responses.
Readers are cautioned that Teuton’s Qualified Person, D. Cremonese, P.Eng., has not independently verified either the collection of the geophysical data or the modelling/interpretation of it. However, he has no reason to believe that it is not reliable. As President of Teuton Resources, Mr. Cremonese is not independent of the Company.
*The red line on the accompanying map has been identified by Jeff Kyba as a favourable area in which to search for large mineral deposits. Mr. Kyba is the provincial government’s geologist for northwestern BC and author of many papers on the region.
**The JK zone is on Teuton’s 100%-owned Silver Leduc property, adjoining the Pearson to the south.