Drilling at Del Norte Indicates 7.01 m grading 37.50 g/t Au eq. in Hole #12 and 10.98m grading 18.61 g/t Au eq. in Hole #15
TEUTON RESOURCES CORP.
2130 Crescent Road
Victoria, BC V8S 2H3
Phone: (778) 430-5680
Website: www.teuton.com
NEWS RELEASE – JANUARY 18, 2022
Drilling at Del Norte Indicates 7.01 m grading 37.50 g/t Au eq. in Hole #12 and
10.98m grading 18.61 g/t Au eq. in Hole #15
Vancouver, Canada –– Teuton Resources Corp. (“Teuton” or “the Company”)
(“TUO”-TSX-V) ("TFE"- Frankfurt) has received the remaining assays for the last 8 drill
holes from the 2021 program on the Company’s Del Norte property, located 34 km east
of Stewart in BC’s “Golden Triangle”.
Drilling tested the contact of felsic volcanic rocks of the Hazelton Group and sedimentary
rocks of the Salmon River Formation, the same horizon that hosts the Eskay Creek mine
60km north of Stewart. Drilling was from platforms located on rock islands (nunataks)
sited within the South Nelson Glacier. The 2021 drilling was successful in testing for ex-
tensions of 2020 gold-silver drill hole intersections on the Argo/LG zone.
Highlights of drilling into the Argo zone include:
• 60.5 g/t gold and 660 g/t silver over 3.60m in DDH-21-12
• 11.7 g/t gold and 3,074 g/t silver over 2.29m in DDH-21-15
Decade Resources reports that the Del Norte property contains numerous mineralized
zones. The two most important mineralization events are associated with quartz veins
and breccias which are spatially restricted to felsic packages and the footwall c ontact of
thrust zones as well as porphyry copper -gold. In the area of thrusting, quartz veins and
breccia include the Argo/LG Vein/LG Extension Zone, Kosciuszko Zone/ SP, Eagle’s
Nest, and New. The Argo/LG Vein/LG Extension Zone has been traced over 1.2km while
the New zone was observed over 100 m of strike in a high mountain pass between 2 ice
fields. The Kosciuszko/SPzone has been traced over 1.2 km as well while the Eagle’s
Nest zone has been traced over 400m.These are marked by a distinct alteration halo,
with a propylitic zone constituting the outer envelope of the mineralization. Galena, sphal-
erite, pyrite and minor chalcopyrite and tetrahedrite are common in these quartz veins.
Decade currently holds the property under option from Teuton Resources. It can earn a
55% interest in the Del Norte by spending $4 milllion in exploration over a five year period,
Decade must also pay $400,000 in cash to Teuton , issue 800,000 shares upon signing
(paid) and issue a further $ 180,000 worth of shares thereafter. After earning its 55%
interest, Decade has a further option to expand its interest to 75% by taking the property
to feasibility.
A tabulation of the drill results can be found in the accompanying table:
Table: Drill Results from last 8 holes of 2021 Del Norte Program
HOLE
#
From
(m)
To
(m)
Width
(m)
Cop-
per
%
Lead
%
Zinc
%
Silver
g/t
Gold
g/t
Gold
equiv-
alent
g/t
#11 107.93 112.96 5.031 0.018 0.13 0.11 86.61 0.005 1.22
#12 210.98 217.99 7.01 0.09 0.74 0.90 391.27 31.56 37.50
#13 282.23 290.85 8.63 0.004 0.87 1.01 84.08 0.72 2.76
#14 187.04 191.46 4.12 0.05 0.81 0.36 321.37 0.008 4.72
#15 152.44 163.41 10.98 0.19 1.68 2.05 1,039.95 3.43 18.61
#16 132.62 136.69 3.96 0.07 1.15 1.21 167.0 1.511 4.94
and 146.34 148.78 2.44 0.02 0.32 0.45 113.47 0.03 1.90
and 176.83 177.20 0.37 0.08 0.197 0.39 561.0 7.78 15.32
#17 179.27 185.37 6.1 0.08 0.73 0.76 360.0 0.003 5.44
and. 191.46 200.61 9.15 0.13 1.38 1.11 530.67 6.87 14.0
#18 121.34 130.70 9.36 0.02 0.15 0.17 79.82 0.013 1.22
and 173.17 174.42 1.25 0.024 0.089 0.10 114.0 0.14 1.57
Analytical values have been rounded. True widths are unknown at this time.
*Gold-equivalent values for gold, silver and base metals, calculated assuming 100% metal recovery. As-
sumptions: US$23.46/oz silver, US$1818.15/oz gold:, copper $US4.43/ lb. lead $US 1.08/lb. and zinc
$US 1.62/lb.
Ed Kruchkowski, President of the Decade Resources commented as follows: “The Com-
pany was very successful in outlining additional numerous silver rich and gold-silver ar-
eas for further exploration along the Argo/LG system. Our drilling was restricted to avail-
able rock islands but with the recession of glacial ice, these will have become bigger for
the upcoming 2022 program. The newly identified Argo zone will be one of the explora-
tion targets in 2022. The 2021 program tested the zone over a strike length of 1.2 km
and 300 m of depth. The surface expression of the zone occurs below glacial ice to the
east of the pads. In 2022, the Company plans to test the deep porphyry copper-gold as
well as SP zone along the Kosciuszko structure provided it can raise the funds. Our
plan is to earn the 55% interest this year.”
Analysis were performed by MSA Laboratories Ltd in Langley, BC.
Ed Kruchkowski, P . Geo., a qualified person under National Instrument 43-101 for Decade
Resources is responsible for the contents of this release. D. Cremonese, P. Eng., is the
Qualified Person for Teuton Resources Corp. He has not independently verified the assay
results but has no reason to believe they are inaccurate. Mr. Cremonese, as President
of Teuton, is not independent of the Company.
About Teuton
Teuton owns interests in more than thirty properties in the prolific “Golden Triangle” area
of northwest British Columbia and was one of the first companies to adopt what has since
become known as the “prospect generator” model. Ten of these properties are currently
under option to third parties. Over $4 million in option cash payments (not including
appreciable payments made in shares) has been generated from these properties since
2015, including properties where optionees have already earned their interest.
Interested parties can access information about Teuton at the Company’s website,
www.teuton.com.
Respectfully submitted,
"Dino Cremonese, P.Eng."
Dino Cremonese, P. Eng.,
President and Chief Executive Officer
For further information, please visit the Company's website at www.teuton.com or contact:
Barry Holmes
Director Corporate Development and Communications
Tel. 778-430-5680
Email: [email protected]
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined
in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy
of this release.
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timing of such future events. Actual future results may differ materially.
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