July 27, 2020 – Vancouver, Canada –– Teuton Resources Corp. (“Teuton” or “the Company”) (“TUO”-TSX-V) (“TFE”- Frankfurt) has received a report from its joint venture partner Tudor Gold containing results from the second set of holes drilled in 2020 at the Treaty Creek property, located in the Golden Triangle of northwest British Columbia. Tudor Gold says that diamond drilling is progressing very well on the Goldstorm Zone which is on-trend from Seabridge Gold’s KSM Project (located five kilometers southwest of the Goldstorm System). As well, a total of five drills have now been mobilized to the project with a sixth expected to arrive shortly. Tudor Gold intends to double the diamond drill hole program from the original plan of 20,000 meters to at least 40,000 meters of drilling for 2020. Tudor Gold is fully funded to complete this aggressive drill hole program. The preliminary drilling this season has yet to delineate the limits of the Goldstorm system as it remains open in all directions and to depth. It will require all six drills to complete the planned 2020 exploration program for the Goldstorm Au-Cu-Ag System. Tudor Gold’s Vice President of Project Development, Ken Konkin, P.Geo., states: “For the second time this month, we are very pleased to have bettered the results obtained earlier from GS-20-57 which has an enriched interval that averages 1.40 gpt AuEq over 217.5 meters (544.5 to 762.0 meters) within an overall composite average of 0.845 gpt AuEq over 973.05m (34.50 to 1077.55 meters). Hole GS-20-65 was … Continue reading Teuton Reports Near-Surface Intercept at Treaty Creek Property Averaging 2.120 gpt AuEq Over 348 Meters Within 930 Meters Averaging 1.161 gpt AuEq in Hole GS-20-65; Step-Out Drilling Further Extends the Goldstorm System by Another 150m to the Northeast With Hole GS-20-64 Intersecting 1.482 gpt AuEq Over 154.5 Meters Within 550.55 Meters Intercept Averaging 0.983 gpt AuEq.
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