Geological Interpretation Outlines New, Substantial Gold Zone at Treaty Creek Property in the Golden Triangle of Northwestern British Columbia
TEUTON RESOURCES CORP.
2130 Crescent Road
Victoria, BC V8S 2H3
Phone: (778) 430-5680
Website: www.teuton.com
NEWS RELEASE
Geological Interpretation Outlines New, Substantial Gold Zone at Treaty Creek Property
in the Golden Triangle of Northwestern British Columbia
February 1, 2019, Vancouver, BC: Teuton Resources Corp. (“Teuton” or “the Company”) (“TUO”-TSX-
V) ("TUC"- Frankfurt) has received a report from JV partner Tudor Gold concerning the Treaty Creek property
located in the Golden Triangle region of BC, immediately north of and along regional strike from Seabridge
Gold’s KSM property and Pretium Resources’ Brucejack-Snowfield property. The report designates a new gold
zone at Treaty Creek named “Goldstorm”. It was previously thought that gold mineralization identified by drilling
northeast of the Copper Belle Zone was simply a northeast extension of that same zone, but after evaluating drill
hole data from holes completed in 2016, 2017 and 2018, it appears that the mineralization encountered to the
northeast of Copper Belle has different characteristics, configuration and geometry. While it is unclear whether
the zones are genetically linked, these zones are physically separate. The surface drill hole location map at the
end of this news release shows the location of both gold zones.
Tudor Gold’s recently appointed Exploration Manager, Ken Konkin (previously Project Manager at the
neighbouring Pretium Resources’ Valley of the Kings gold mine) explains: “Goldstorm is a much larger system
than Copper Belle, it is at least 300m wide and extends vertically for over 700m. The zone has been traced for
approximately 500 meters along a northeastern azimuth. Gold mineralization appears to be continuing towards
the northeast and southeast and clearly becomes stronger in the northernmost hole, CB18-39 which returned
563.8 meters of 0.981 grams per tonne gold. The upper portion of CB18-39 averaged 1.141 gpt gold over 280.5
meters and a lower zone in the same hole averaged 1.154 grams per tonne gold over 156 meters. This hole
bottomed in mineralization and we will look at the option of re-entering the hole this year in attempts to extend
the mineralization deeper. But the primary focus will be to extend the Goldstorm Zone along strike to the
northeast and to the southeast as well.
Over the coming months, we hope to gain a better understanding of aspects that control gold mineralization.
Re-examination of drill hole information has revealed the presence of a northwest dipping thrust fault that
appears to define the upper contact of the Goldstorm system. The relationship of this fault to the formation of
the mineral zone is an aspect of further study, as are the various styles of sulphide mineralization, silicification
and alteration. Compilation and evaluation of this data will help in planning for the drilling campaign to be
undertaken in the up-coming exploration season.”
The following table gives gold composite values over broad intervals from four drill hole sections that cut the
Goldstorm Zone, incorporating results from diamond drill holes completed during 2016, 2017 and 2018. Low-
grade gold mineralization occurs as a broad envelope which contains a horizon of stronger gold mineralization in
the upper portion of the system. Furthermore, the drill hole sections demonstrate what appears to be the presence
of a second, lower gold horizon. The corresponding sections 108+00 NE, 109+00 NE, 110+00 NE and 111+00
NE are displayed at the end of this news release.
Table I: Sections 108+00NE, 109+00NE, 110+00NE and 111+00NE Gold Composites
Section Drill Hole
From
(m) To (m)
Intercept
(m) Gold Grade (gpt)
108+00NE CB17 -09 41.0 545.0 504.0 0.488
including 41.0 200.0 159.0 0.708
CB17 -12 3.0 243.5 240.5 0.797
including 33.0 224.0 191.0 0.923
CB17 -24 3.5 563.0 559.5 0.576
including 62.0 275.0 213.0 0.945
CB18 -32 196.5 783.5 587.0 0.497
including 196.5 316.5 120.0 1.045
CB18 -36 659.5 772.0 112.5 0.454
including 659.5 704.5 45.0 0.778
including 682.0 703.0 21.0 1.035
CB18 -38 20.5 635.0 614.5 0.430
including 248.5 353.0 104.5 0.691
and 468.5 638.0 169.5 0.659
109+00NE CB16 -03 88.0 708.0 620.0 0.534
including 112.0 426.0 314.0 0.733
CB17 -04 152.1 327.0 174.9 0.804
CB17 -27 12.5 536.0 523.5 0.640
including 12.5 350.0 337.5 0.762
CB18 -31 404.0 680.5 276.5 0.494
including 481.0 597.0 116.0 0.732
CB18 -
33B 599.0 623.0 24.0 0.367
TABLE 1
(CONTINUED)
110+00NE CB17 -06 182.5 589.5 407.0 0.675
including 222.0 393.5 171.5 0.814
CB17 -07 99.5 530.0 430.5 0.625
including 162.5 309.5 147.0 1.028
CB18 -
37B 125.0 819.5 694.5 0.457
including 300.5 423.5 123.0 0.949
111+00NE CB18 -39 141.5 705.3 563.8 0.981
including 141.5 422.0 280.5 1.141
including 539.0 695.0 156.0 1.154
DDH's CB17 -06, CB17 -07, CB17 -09 and CB18 -39 all ended in significant gold
mineralization
* All assay values are uncut and intervals reflect drilled intercept lengths.
* True widths of the mineralization have not been determined.
QA/QC
In 2016 and 2017, drill core samples were prepared and analyzed at Activation Laboratories Ltd. in Kamloops,
BC. In 2018, drill core samples were prepared by ALS Global’s Preparation Laboratory in Terrace, BC and
assayed at ALS Global’s Geochemical Laboratory in North Vancouver, BC. Analytical accuracy and precision
are monitored by the submission of blanks, certified standards and duplicate samples inserted at regular intervals
into the sample stream by Tudor Gold personnel. Activation Laboratories and ALS Global Laboratories quality
systems comply with the requirements for the International Standards ISO 17025: 2005.
QP
The Qualified Person for the analytical information in this news release for the purposes of National Instrument
43-101 is Tudor Gold’s Exploration Manager, Ken Konkin, P.Geo. 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 believes that it is reliable.
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 are just
under $2 million since 2015, not including the value of shares received from the optioning companies.
Teuton owns a 20% carried interest (carried until a production decision is made) in the Treaty Creek property
as well as a 0.98% Net Smelter Royalty in the core portion of the claims (0.49% in the outer perimeter) which
is not subject to a buyback. It presently holds 2.2 million shares of Tudor Gold.
Shareholders and other interest ed 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
This news release includes certain forward -looking statements concerning the future performance of our
business, its oper ations 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, ri sks 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.