December 21, 2011, Vancouver, BC: Teuton Resources Corp. (“Teuton”) (“TUO”-TSX-V) (“TFE”-Frankfurt) (“TEUTF”—OTC BB) is pleased to report that assays for all sixteen holes drilled at the Tennyson property in 2011 have now been received. The property is located north of Stewart in the Eskay Creek-Sulphurets-Premier region of northwestern British Columbia (the “Golden Triangle”).
The holes, all of which returned copper-gold values, are presented in the table below (a 3D schematic map showing the zone accompanies this news release) with previously unreported holes italicized:
|Drill Hole||Interval (metres)||Width (metres)||Gold (g/t)||Copper (%)||Copper Equiv. *(%)|
|TN11-01||2.1 to 15.2||13.1||0.32||0.44||0.66|
|TN11-02||1.5 to 71.6||70.1||81.7||0.32||0.43|
|TN11-03||0 to 81.7||81.7||0.32||0.33||0.55|
|TN11-04||0 to 229.5||229.5||0.25||0.32||0.50|
|TN11-05||0.9 to 95.7||94.8||0.17||0.30||0.42|
|130.5 to 157.9||35.2||0.27||0.34||0.53|
|TN11-06||0.6 to 99.1||98.5||0.22||0.43||0.58|
|TN11-07||0.6 to 126.5||125.9||0.27||0.40||0.59|
|TN11-08||3.1 to 106.7||103.6||0.31||0.42||0.64|
|TN11-09||0.5 to 101.5||101.0||0.26||0.32||0.50|
|TN11-10||0.3 to 192.3||192.0||0.20||0.32||0.46|
|TN11-11||0 to 119.8||119.8||0.19||0.30||0.43|
|TN11-12||1.2 to 68.9||67.7||0.21||0.30||0.45|
|TN11-13||98.1 to 158.11||60.0||0.14||0.22||0.32|
|TN11-14||54.6 to 161.22||106.6||0.24||0.42||0.59|
|TN11-15||51.2 to 262.73||211.5||0.15||0.22||0.33|
|TN11-16||32.0 to 152.14||120.1||0.12||0.21||0.29|
1Ice from 0 to 35.4m
Assays for the final two holes of the program, #’s 15 and 16, and also for an extension of hole #10 were received and continue to show copper-gold values. The two most southerly of these holes, #’s 10 and 15, also showed the greatest vertical range of mineralization seen to date, namely 180m and 183m, respectively. Hole #15 bottomed in mineral. From the assay data it appears the zone may be opening up to the west-southwest, as indicated by hole #14 which returned 107m grading 0.59% copper equivalent. Current strike length of the zone is approximately 450m.
Discussions are ongoing with parties wishing to option the property. If these negotiations prove unfruitful, the Company is prepared to conduct a large program in 2012. This will be aimed at following the zone further to the west and south as well as drilling holes from the rock outcrops located on the opposite side of the ice (heading east back toward the zone). Teuton will also look at the possibility of building a road into the property connecting 7km from the end of the Granduc mining road network.
The QA/QC protocol system employed during the 2011 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. Loring Laboratories of Calgary, Alberta, an accredited facility, performed the analyses. The Qualified Person for the purposes of this news release is D. Cremonese, P.Eng.
“Dino Cremonese, P.Eng.”
President Teuton Resources Corp.
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