July 22, 2014, Vancouver, BC: Teuton Resources Corp. (“Teuton”) (“TUO”-TSX-V) (“TFE”-
Frankfurt) (“TEUTF”—OTCBB) announces that it has closed its agreement with Sabina Gold & Silver
Corp. (“Sabina”) to purchase Sabina’s 50% interest in the Del Norte-Midas property, located 20 miles east of
Stewart, BC. Teuton has issued 500,000 of its shares to Sabina and has agreed to grant Sabina a 1% NSR in
the property, one-half of which can be repurchased for $1 million. The buy-back on the NSR is limited to any
time prior to completion of a feasibility study. The TSX-V accepted for expedited filing documentation of the
purchase and sale agreement between Teuton and Sabina on July 15, 2014.
Teuton plans to conduct a drilling program on the Del Norte property this summer, contingent upon obtaining
financing. Past data on the property, which includes over 90 diamond drill holes, is extensive. This is
currently being reviewed along with results of an ongoing geophysical analysis of past airborne work in order
to ascertain drill targets.
Work is already underway on the Company’s High property, located south and along geological trend of
Seabridge Gold’s KSM property and Pretium Resources’ Brucejack-Snowfield property. There is much
freshly exposed ground this year right in line with the Sulphurets trend which appears to be heavily altered.
One prominent gossan, newly emerging from under the snow and ice, is slated for extensive prospecting and
sampling in the coming weeks. Positive results from this work could lead to follow up diamond drilling,
again, contingent upon obtaining financing.
In other corporate developments, the Company recently held its Annual General Meeting at which the
shareholders voted in the management slate: Ed Kruchkowski, Alexandra Cremonese, Amanda Mullin and
Dino Cremonese were all elected as directors. Manning Elliott, LLP, Chartered Accountants, was voted in as
auditor. Subsequent to the AGM, Dino Cremonese was appointed as President and CEO and Amanda Mullin
was appointed as the new CFO.
D. Cremonese, P. Eng., is the Qualified Person for the purposes of this news release. He is not independent of
the Company.
Respectfully:
“Dino Cremonese, P.Eng.”
President,
Teuton Resources Corp.
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gary.teuton@shawlink.ca.
This news release includes certain forward-looking statements concerning the future performance of our business, its
operations and its financial performance and condition, as well as management’s objectives, strategies, beliefs and
intentions. Forward-looking statements are frequently identified by such words as “may”, “will”, “plan”, “expect”,
“anticipate”, “estimate”, “intend” and similar words referring to future events and results. Forward-looking statements
are based on the current opinions and expectations of management. All forward-looking information is inherently
uncertain and subject to a variety of assumptions, risks and uncertainties, including the speculative nature of mineral
exploration and development, fluctuating commodity prices, competitive risks and the availability of financing, as
described in more detail in our recent securities filings available at www.sedar.com. Actual events or results may differ
materially from those projected in the forward looking-statements and we caution against placing undue reliance thereon.
Teuton Resources Corp. does have an ongoing obligation to disclose material information, as it becomes available.
The TSX Venture Exchange has neither approved nor disapproved the
information contained herein.
