Teuton Plans to Drill “Z1” Geophysical Target ON Eskay Rift Property
TEUTON RESOURCES CORP .
2130 Crescent Road
Victoria, BC V8S 2H3
Phone: (778) 430-5680
Website: www.teuton.com
NEWS RELEASE – JUNE 28, 2021
TEUTON PLANS TO DRILL “Z1” GEOPHYSICAL TARGET ON ESKAY RIFT PROPERTY
Vancouver, Canada –– Teuton Resources Corp. (“Teuton” or “the Company”) (“TUO” -TSX-V) ("T FE"-
Frankfurt) is pleased to report that the Eskay Rift property was permitted for drilling in June, 2021. It lies just to the
south of the Sulphurets Hydrothermal System as shown in the attached map entitled “Elephants of the Sulphurets
Hydrothermal System” (see URL at the end of the news release).
In 2018, Teuton commissioned a Geotech ZTEM survey over a large area, the eastern part of which included the Eskay
Rift property. Geotech, in a report summarizing its findings said the following: “The 3D ZTEM inversion results reveal
the presence of numerous conductive anomalous features characterized by lower resistivity values by co ntrast to the
host rocks. Most of these conductors are linear in shape and are striking in various directions. Among them, a number
are selected for copper-gold targeting purposes and these are labelled with the letter “Z”.
The key criteria for copper-gold target selection within these properties are summarized in the following points:
1- Association with zones of resistivity low; this is typical to porphyry-style mineralization and related alteration zones.
The resistivity low may also be indicative of intense phyllic/argillic/propylitic/pyritic alteration zones;
2- Structurally controlled by fault and shear zones;
3- Association with magnetic lows in case of the presence of magnetite -destructive alteration typical to porphyry
mineralization types;
4- Association with deep-seated fault zones that may serve as conduits for mineralized hydrothermal fluids;
5- Association with resistive features surrounded by conductive zone;
6- Occurring within areas of structural complexity.”
Geotech’s first Priority -1 Target called the “Z1” has been selected for drilling by Teuton Resources in 2021. The Z1
target strikes northeast over a distance of ∼1.5 km and has an estimated resistivity of < 20 ohm-m at a depth of 500m.
The most intense portion of the anomaly covers a vertical distance of 750m and it dips to the northwest from near
surface along a slope of over 2km. Geotech states: “It occurs within a zone of complex structural pattern and represents
probably a link to [an] intense alteration zone that may host Cu -Au mineralization”. [ZTEM™ Inversion Results SUM-
MARY OF INVERSION PROCEDURE AND INTERPRETATION RESULTS Z -AXIS TIPPER ELECTROMAGNETIC
(ZTEM™) AND AEROMAGNETIC GEOPHYSICAL SURVEY January 2019 -- Geotech
Teuton has already signed a drill contract and is ready to mobilize as soon as weather conditions permit. Other targets
on the property such as the Z 2 and Z3 may also be drilled if time and weather logistics warrant. The Z3 extends for
over 3km and consists of a conductive mag high which could represent massive sulphide or BIF [banded iron formation]
mineralization according to the Geotech report.
Qualified Person
Dino Cremonese, P . Eng. Is the Qualified Person for Teuton Resources; as President and CEO he is not
independent of the Company. He has reviewed and approved the scientific and technical disclosu re in
this news release.
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 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 ac cess information about Teuton at the Company’s website,
www.teuton.com.
URL for map: http://teuton.com/ElephantsoftheSHS
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]
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