Teuton Resources Corp. (“Teuton”) (“TUO”) is pleased to announce that drilling has commenced on its Harry property, located some 25km north of Stewart, British Columbia. The Harry property lies along the Salmon Glacier, covering an extensive gossanous area cut by the old Granduc mining road. Talus fine and prospecting samples...
Author Archives: admin
Teuton Begins Airborne Survey on Red Chris Area Claims
euton Resources Corp. (“Teuton”) (“TUO”-TSX-V) (“TFE”-Frankfurt) is pleased to announce that an airborne geophysical survey has begun on its two Red Chris area properties located in northwestern British Columbia. The helicopter-borne survey employs Geo tech proprietary VTEM technology, an electromagenetic system known for its depth penetration. A larger survey is...
Hole #1 Cuts 11.58 Metres of 5.98 g/t Gold at Clone Property
Teuton Resources Corp. (“Teuton”) (“TUO”) and Silver Grail Resources Ltd. (“SVG”) are pleased to announce that results have been received for the first two holes of the 2010 program on the Clone property, located southeast of Stewart, BC. These holes were drilled at the southeastern end of the high-grade zone...
Drilling Results from Tennyson
Teuton Resources Corp. (“Teuton”) (“TUO”) is pleased to announce that complete results have now been received for the 2010 drilling program on the Company’s wholly-owned Tennyson property, located 6km due west of the former Granduc Mine millsite and 50km by road north of Stewart, BC. Altogether 11 holes were drilled....
Four J’s Property Farmed Out to Rotation Minerals
Teuton Resources Corp. (“Teuton”) (“TUO”) is pleased to announce that it has farmed out its Four J’s property, located in the Stewart region of northwestern British Columbia, to Rotation Minerals Ltd. (“Rotation Minerals”). Since first staking in 1983 by Teuton, the Four J’s property has had about a million dollars...
Progress Report on Drilling at Clone Gold Property
Teuton Resources Corp. (“Teuton”) (“TUO”) is pleased to announce that 5 holes have been drilled to date at the Clone gold property located southeast of Stewart, BC. A Kubota excavator has been flown to the site and preparations for the planned bulk sampling program are almost complete. Of the five...
Private Placement Completed
Teuton Resources Corp. (“Teuton”) (“TUO”) is pleased to announce that it has completed the private placement announced July 19, 2010. Altogether $450,000 was raised from the sale of 1,000,000 units at $0.45. The private placement remains subject to regulatory approval. The 2010 work program on the Tennyson claims is scheduled...
IC2 Claim Purchased
Teuton Resources Corp. (“Teuton”) (“TUO”) announces that it has entered into an agreement to purchase a 100% interest in the IC2 claim, subject to a 1.5% NSR which is capped at $500,000. Consideration for the purchase is $5,000 and 40,000 shares in the capital of the Company, the latter payable...
Drilling Starts at Tennyson Property
Teuton Resources Corp. (“Teuton”) (“TUO”) is pleased to announce that the Company has commenced a drilling program on its wholly-owned Tennyson property, located 6km due west of the former Granduc Mine millsite and 50km by road north of Stewart, BC. The Tennyson property was first staked in 1984 after meltback...
Private Placement
Teuton Resources Corp. (“Teuton”) (“TUO”) has agreed to complete a private placement to raise proceeds of up to $450,000. It has been agreed that the offering will comprise up to 1,000,000 units at $0.45 per unit. Each unit will consist of one common share of the Company plus one warrant...
