First Hole into GR2 Zone at Treaty Creek Intersects Precious Metal Rich Stratabound Mineralization Grading 5.1 Metres of 9.57 G/T GOLD.
TEUTON RESOURCES CORP.
2130 Crescent Road
Victoria, BC
V8S 2H3
778-430-5680
Website: www.teuton.com
FIRST HOLE INTO GR2 ZONE AT TREATY CREEK INTERSECTS PRECIOUS METAL RICH
STRATABOUND MINERALIZATION GRADING 5.1 METRES OF 9.57 G/T GOLD.
August 4, 2017 : Teuton Resources Corp. (“Teuton” or “the Company” ) (“TU O”-TSX-V) ("T UC"-
Frankfurt) is pleased to announce that a zone of gold-bearing mineralization has been discovered on the Treaty
Creek property, situated north of the KSM property of Seabridge Gold a nd the Brucejack property of Pretium
Resources in the Golden Triangle region of northwestern British Columbia. T euton holds a 20% carried
interest in the property (carried until a production decision is made) as well as various NSR interests.
The new zone was intersected in Hole HC -17-01 designed to test for northern extensions of GR2 zone
mineralization as encountered in previous drilling in 2007 and 2009. Hole HC-17-01 intersected a stratabound,
brecciated and silicified sulphide venting zone containing tetrahedrite, antimonial sulphosalts and pyrite located
at the contact between an upper unit and a footwall mudstone unit. The entire interval from 247.3 to 254.45m
returned 7.15m of 6.20 g/t gold, including the venting zone—1.05m of 4.12 g/t gold from 247.3 to 248.35m---
and the vented sulphides in the immediate footwall mudstones —5.1m of 9.57 g/t gold from 249.35m to
254.45m. True widths are uncertain at this time.
Five additional holes have been completed in this target and assays are a waited. Concurrently, drilling is
proceeding with a second drill on the adjacent Copper Belle zone on porphyry gold and gold-copper targets.
Walter Storm, President of Tudor Gold commented as follows: “We are very encouraged by the results from
the first hole into th is target, particularly as it appears gold values are increasing to the north. The style of
mineralization, stratabound sulphides hosted in mudstones , is also encouraging as it has affinities with the
Eskay Creek mine mineralization located 12 km to the west.” Note: The existence of gold deposits on nearby
properties is not necessarily indicative of the mineralization on Treaty Creek.
A third drill is being mobilized to the property.
The main technical data in this news release was reviewed by by Raul Sanabria, M.Sc., P.Geo, EurGeol, Tudor
Gold’s Exploration Manager and Qualified Person for the 2017 Treaty Creek field season. The Qualified Person
for this news release is Dino Cremonese, P.Eng., who as President of Teuton is not independent of the Company.
Mr. Cremonese has not verified the accuracy of the technical data but has no reason to believe it is unreliable.
About Teuton
Teuton owns interests in more than thirty properties in the prolific “Golden Triangle” area of northwestern
British Columbia and was one of the first companies to adopt what has since become known as the “prospect
generator” model. Ten of its properties are currently under option and cash proceeds from these options have
exceeded $1.45 million in the past two years, not including the value of shares received from the optioning
companies. Shareholders and other interested parties can access information about Teuton at the Company’s
website, www.teuton.com.
Respectfully:
“Dino Cremonese, P.Eng.”
President, Teuton Resources Corp.
For more information contact Investor Relations at 778-430-5680 or [email protected]. If you would like to
be added to Teuton’s news distribution list, please send your email address to [email protected]
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 disapprov ed the
information contained herein.