Drilling intersects native silver, acanthite (silver sulphide) and native gold in Argo/LG zones at Del Norte property, Golden Triangle, BC
TEUTON RESOURCES CORP .
2130 Crescent Road
Victoria, BC V8S 2H3
Phone: (778) 430-5680
Website: www.teuton.com
NEWS RELEASE – AUGUST 18, 2021
Drilling intersects native silver, acanthite (silver sulphide) and native gold in Argo/LG zones at
Del Norte property, Golden Triangle, BC
Vancouver, Canada –– Teuton Resources Corp. (“Teuton” or “the Company”) (“TUO” -TSX-V) ("T FE"-
Frankfurt) announces that its optionee, Decade Resources (“Decade”) has completed a Phase 1 program
consisting of ten holes at depths up to 25 0m on the Del Norte property. The property is situated within
BC’s “Golden Triangle”, 34 kilometres east of Stewart, BC.
Highlights of the recent drilling include:
• Native silver observed along fractures in DDH-21-10 (see photo— http://teuton.com/nativesil-
ver).
• Visible gold associated with sphalerite (zinc sulphide), pyrite (iron sulphide), galena (lead sul-
phide) and tetrahedrite (copper-silver antimony sulphide) in DDH-21-9 (see photo- http://teu-
ton.com/nativegold).
• Acanthite (silver sulphide with 87.1% silver content) associated with the above minerals in DDH-
21-10 (see photo- http://teuton.com/acanthite).
• All ten holes contain Intersections of highly mineralized rocks over widths of 18-20m at depths
up to 250m downhole.
Ed Kruchkowski, President of Decade states: “The recent financing from Teuton Resources Corp . has al-
lowed the Company to complete approximately 2 ,300m in the 10 current holes. The Company is very
grateful for the support of Teuton that has allowed for the intersection of very prospective intervals in the
latest drill holes. All holes have intersected the Argo/LG mineralization. The presence of visible gold in
DDH-21-9 may indicate the source of the placer gold in Nelson Creek. This is one of four areas in the
Stewart region whereby placer gold is found in streams and three of the other areas have gold deposits
associated with them.”
The drilling is testing the contact of felsic volcanic rocks of the Hazelton Group and sedimentary rocks of
Salmon River Formation. This is the same horizon that hosts the Eskay Creek mine 60km north of Stewart.
Drilling is from drill stations located on rock islands (nunataks) within the South Nelson Glacier. The 2021
drilling has successfully tested for extensions of 2020 gold-silver drill hole intersections. Highlights of 2020
exploration of the Argo zone include:
• 1049.64 g/t Ag eq over 6.03 m in DDH DN20-18, included within an interval grading 119.95 g/t
Ag Eq over 58.37m
• 2128.48 g/t Ag eq over 2.46m in DDH DN20-20, included within an interval grading 221.03 g/t
Ag eq over 34.09m
• Discovery of float rocks from an area just above the 2021 drill station which assayed up to
20.6 g/t gold and 561 g/t silver.
Mineralization is located within pyrite-rich, black mud lapilli tuffs with sub-intervals of dacite lapilli tuffs.
Sulphides include pyrite, sphalerite, galena and tetrahedrite along with visible gold and silver in the 2021
drill holes.
The Del Norte property was optioned from Teuton Resource Corp. in January of 2020 with terms allowing
Decade to earn up to a 55% interest in the property by spending $4 million over a five year period. Decade
can an earn an additional 20% interest by carrying the property to commercial production.
D. Cremonese, P .Eng., is the Qualified Person for Teuton Resources Corp.; as President of the Company he
is not independ ent. Although Mr. Cremonese has not pers onally verified the accuracy of the te chnical
information provided by Decade in the news release, he has no reason to believe it is inaccurate.
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. Teuton earned $3.9 million net income in 2020 and a further $2.4 million in
the first quarter of 2021. Its income is derived from option payments.
Teuton was the original staker of the Treaty Creek property, host to the large Goldstorm deposit,
assembling the core land position in 1985. It presently holds a 20% carried interest in Treaty Creek (carried
until such time as a production decision is made). 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.
Cautionary Statements regarding Forward-Looking information
Certain statements contained in this press release constitute forward-looking information. These statements relate
to future events or future performance. The use of any of the words "could", "intend", "expect", "believe", "will",
"projected", "estimated" and similar expressions and stat ements relating to matters that are not historical facts
are intended to identify forward -looking information and are based on the Company's current belief or
assumptions as to the outcome and timing of such future events. Actual future results may differ materially.
All statements relating to future plans, objectives or expectations of the Company are forward-looking statements
that involve various risks and uncertainties. There can be no assurance that such statements will prove to be
accurate and actual results and future events could differ materially from those anticipated in such statements.
Important factors that could cause actual results to differ materially from the Company's plans or expectations
include risks relating to the actual results of cu rrent exploration activities, fluctuating gold prices, possibility of
equipment breakdowns and delays, exploration cost overruns, availability of capital and financing, general
economic, market or business conditions, regulatory changes, timeliness of gove rnment or regulatory approvals
and other risks detailed herein and from time to time in the filings made by the Company with securities regulators.
The Company expressly disclaims any intention or obligation to update or revise any forward -looking statements
whether as a result of new information, future events or otherwise except as otherwise required by applicable
securities legislation.