June 8, 2011, Vancouver, BC: Teuton Resources Corp. (“Teuton”) (“TUO”) will drill its Tennyson property, situated north of Stewart, BC, beginning about July 15. Primary target is the porphyry copper-gold zone from which six holes drilled in 1992 and 2010 all returned significant copper-gold intervals ranging up to 325 feet grading .33% copper and 0.35g/t gold, or 0.95 g/t gold equivalent. The 2011 drill holes will attempt to follow the copper-gold mineralization under snow and ice to the north and northeast, in the direction of major magnetic anomalies identified during an airborne geophysical survey. Budget for the 2011 program is $500,000.
Thereafter a drill program will begin on the higher elevation High property, located directly south of Pretium Resources’ Brucejack property, where 8 drills will be busy following up high-grade gold mineralization obtained during 2009 and 2010. A winter ice road following the Frank Mackie Glacier through the High property has been used by Pretium to access their camp at Brucejack Lake. Details of the 2011 High program will be announced at a later date.
Also beginning around mid-July is a bulk sampling program on the high-grade portion of the H-1 zone on the Clone property. This involves a blasting crew and an excavator. Plans for 2011 call for 200 plus tons to be removed. In 2010, 34 tons were taken out averaging 2.0 oz/ton gold.
Geochemical soil sampling is also set to begin on both the Yellow Chris and Red Chris south properties. Permits for drilling have been obtained in the event that sampling discloses geochemical anomalies.
Treaty Creek Tunnel Geophysical Survey
On May 20, 2011, Teuton was contacted by Seabridge Gold requesting permission to conduct a deep geophysical survey along the proposed tunnel route connecting their Mitchell deposit through the Treaty Creek claims to their prospective processing facility. This permission was granted. Subsequently Teuton turned over the correspondence to American Creek who then contacted and also gave permission to Seabridge Gold.
Teuton Website
A new website is up for the Company at www.teuton.com.
D. Cremonese, P.Eng., is the Qualified Person for the purposes of this News Release.
“Dino Cremonese, P.Eng.”
D. Cremonese, P.Eng.
President,
Teuton Resources Corp.
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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. has an ongoing obligation to disclose material information, as it becomes available.
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