GOLD and 122 Meters Grading 0.965 G/T GOLD Within Broader Zone of 0.53 G/T GOLD over 630 Metres at Treaty Creek
TEUTON RESOURCES CORP.
2130 Crescent Road
Victoria, BC V8S 2H3
Phone: (778) 430-5680
Website: www.teuton.com
NEWS RELEASE —TEUTON RESOURCES REPORTS 54 METERS GRADING 1.12 G/T
GOLD AND 122 METERS GRADING 0.965 G/T GOLD WITHIN BROADER ZONE OF 0.53
G/T GOLD OVER 630 METRES AT TREATY CREEK
October 26, 2016 , Vancouver, BC : Teuton Resources Corp. (“Teuton”) (“TUO” -TSX-V)
("TFE"-Frankfurt) (“TEUTF”—OTCBB) is pleased to announce that the complete assays for drill
hole CB-16-03 on the Treaty Creek property have now been received. The Treaty Creek property is
situated north of the KSM property of Seabridge Gold and the Brucejack property of Pretium
Resources in the Golden Triangle region of northwestern British Columbia. Teuton holds a 20%
carried interest in the property (carried until a production decision is made) as well as various NSR
interests. Tudor Gold Corp. is the operator and American Creek Resources holds an identic al 20%
carried interest to Teuton’s.
Hole CB-16-03 was drilled to test a geophysical anomaly identified in a preliminary Magnetotelluric
(MT) profile carried out by Quantec Geoscience in 2012 and further defined based on an MT survey
carried out by Simcoe Geoscience Ltd. in 2016. Final results from the Simcoe MT survey are awaited.
Hole CB-16-03 returned two higher grade intervals: the first, 54 metres from 88 to 142 meters grading
1.117 g/t Au ; the second, 122 meters fro m 304 to 426 meters of 0.965 g/t Au *. Overall, the hole
averaged 0.526 g/t gold over 629.7 meters (from 88m to 717.7m). It was terminated at 717.7 meters
in mineralization with the final 13.7 meters averaging 0.315 g/t Au.
* Teuton previously release d partial assay results from hole CB -16-03 (316 to 717.7 meters
downhole), along with complete assays for drill holes CB -16-01 and CB -16-02 in a Press Release
dated October 11, 2016.. The interval reported in that release, a 110m interval from 316m to 426m
averaging 0.909 gold was expanded by an additional 12m (once additional assays were received) to
122m from 304 to 426m grading 0.965 g/t gold.
Walter Storm, CEO and President of Tudor Gold says: "The complete results from CB-16-03 confirm
our belief that Treaty Creek holds the potential to host significant gold mineralization and validates
our exploration model. To date, we have successfully hit gold mineralization down to 717 meters
downhole and have encountered nearer to surface gold mineralization like the 1.12 grams gold per
tonne over 54 meters starting at 88 meters downhole, which opens up the targeted area.”
Drill Hole CB-16-03 was drilled at an azimuth of 292˚ with an inclination of -73˚ and was collared
approximately 550 meters northeast of the nearest of the Copper Belle zone drill holes (CB -09-11
which carried 229m of 0.52 g/t gold from 40m to 270 m, CB -09-10 which carried 212m of 0.47 g/t
gold from 119m to 331 m and CB-09-06 which carried 65.3m of 0.84 g/t gold---cf. Teuton Resources
News Release dated January 12, 2010). The gold intercepts encountered in CB-16-03 may represent a
new mineralized zone or could possibly be an extension of the previously known Copper Belle Zone.
Further work will be required in order to investigate the continuity between these areas. The casing
has been left in place so the hole may be re -entered and extended if desired. All intervals are down
hole widths as there is not enough information to calculate true widths of the mineralization
encountered in any of the holes.
Quality control procedures in place include the field insertion of blanks, standards and duplicate
samples into the sample stream. Analytical work was done by Activation Laboratories Ltd., an
accredited laboratory located in Kamloops, B.C. Gold was analyzed by 30 gram fire assay with AA
finish. Other elements were analyzed by 38 element ICP-OES following Aqua Regia extraction. The
main technical data in this news release was reviewed by James Hutter, P.Geo., Tudor Gold’s
Qualified Person as defined by National Instrument 43-101. 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 dat a 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 million in the past eighteen months, 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 Map of Property please see: http://teuton.com/wp-content/uploads/2016/10/treatydrillfinal.pdf
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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, r isks and uncertainties, including the speculative
nature of mineral exploration and development, fluctuating commodity prices, competitive risks and the availability of financ ing, 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.