TUO.V · 2020-12-16 12:00:00

Hole GS-20-94 Intersects 1.215 Gpt AuEq over 354.0 Meters Within 1225.5 Meters of 0.702 Gpt AuEq ; Hole GS-20-83 Intersects 1.078 Gpt AuEq over 345.0 Meters Within 921.0 Meters of 0.821 Gpt AuEq

Drill Results

TEUTON RESOURCES CORP .

2130 Crescent Road

Victoria, BC V8S 2H3

Phone: (778) 430-5680

Website: www.teuton.com

TEUTON REPORTS FURTHER LONG INTERVALS OF GOLD MINERALIZATION IN FIFTH SET OF DRILL HOLES

AT TREATY CREEEK PROPERTY , GOLDEN TRIANGLE, BC

HOLE GS-20-94 INTERSECTS 1.215 GPT AUEQ OVER 354.0 METERS WITHIN 1225.5 METERS OF 0.702

GPT AUEQ ; HOLE GS-20-83 INTERSECTS 1.078 GPT AUEQ OVER 345.0 METERS WITHIN 921.0 METERS

OF 0.821 GPT AUEQ

NEWS RELEASE: December 16, 2020 - Vancouver, Canada –– Teuton Resources Corp. (“Teuton” or “the

Company”) (“TUO”-TSX-V) ("TFE"- Frankfurt) has received a report from its joint venture partner Tudor

Gold containing results from the fifth set of holes drilled in the Goldstorm zone in 2020. The Goldstorm

has been the subject of an intense drilling program in 2020 and lies within the Treaty Creek property,

situated in the heart of the Golden Triangle of northwestern British Columbia and on-trend from

Seabridge’s KSM Project located five kilometers to the southwest.

Results from 12 diamond drill holes were recently received from MSA Labs with final results from another

11 diamond drill holes pending. All 12 holes have successfully interse cted the Goldstorm System,

expanding and defining the mineralization along the northeast and southeast axes, as well as to depth.

The Goldstorm System 300 Horizon has now been traced for 1100 meters along the northeast axis and, as

well, the CS -600 and DS -5 zones have been expanded to the northeast and to depth. All 39 drill holes

completed at Goldstorm during the 2020 program have encountered significant precious metal

mineralization. The 2020 Treaty Creek Diamond Drill Program was completed last week, an d field

personnel have winterized the camp. The track-components of two track-mounted diamond drills remain

on site ready for start-up of the 2021 exploration season.

Tudor Gold’s Vice President of Project Development, Ken Konkin, P .Geo., stated: “We are very pleased

with the results obtained from all 39 drill holes completed this year to-date and we anticipate the release

of the final 11 holes of the year within a few weeks. This brings the total to 50 drill holes that were

completed this year at the Golds torm Zone. These latest holes continued to expand the limits of the

mineralized targets along the northeastern and the southeastern axes, and to depth. For a fifth

consecutive press release, we have surpassed our best result from last years’ drill hole pro gram (0.697

AuEq over 1081.5 meters in hole GS -19-47) with drill holes GS -20-83 and GS -20-94 as described in the

headline. The final 11 drill holes represent over 9600 meters of drilling and we expect that MSA Labs will

complete the analysis of these final samples as soon as possible.”

Treaty Creek Highlights include:

• Twelve drill holes presented in this press release total 11,551.1 meters

• The best results were from GS -20-94, a near -surface 354.0 meter intercept (36.0 -390 m)

averaging 1.215 gpt AuEq and GS-20-82 with a 351m intercept (113.0-464.0 m) averaging 1.051

gpt AuEq. Both holes are located on Section 111+00 NE.

• Equally impressive was drill hole GS-20-83 that also had a near-surface intercept over a similar

345.0 meters (73.5-418.5 m) that averaged 1.078 gpt AuEq on Section 112+50 NE.

• More Core Drilling did an excellent job completing 50 HQ/NQ2 diamond drill holes totaling

43,972 meters at Goldstorm and 1,636 meters at the Perfect Storm Target with three drill holes.

The following three tables below provide the complete list of composited drill hole results as well as the

drill hole data including hole location, elevation, depth, dip and azimuth.

Table l: Results Goldstorm Zone Press Release December 15th 2020

Section Hole Zone From To Interval

(m)

Au Ag Cu AuEQ

114+00

GS-20-

300H + CS600 222.50 1349.00 1126.50 0.369 1.66 653 0.486

including 300H 398.00 695.50 297.50 0.488 1.98 135 0.531

and including

CS600

831.50 1028.00 196.50 0.572 3.25 2703 1.011

115+50

GS-20-

300H + CS600 +

DS5

558.40 1389.50 831.10 0.422 1.56 940 0.580

includ 300H +

CS600

558.40 957.50 399.10 0.529 1.96 1712 0.807

with 300H 558.40 636.50 78.10 1.047 1.52 139 1.086

and with CS600 704.00 957.50 253.50 0.481 2.37 2494 0.879

111+00

GS-20-

300H + CS600 113.00 1041.50 928.50 0.629 2.46 519 0.736

including 300H 113.00 464.00 351.00 0.969 3.56 263 1.051

with 300H 224.00 422.00 198.00 1.283 5.29 408 1.407

112+50

GS-20-

300H + CS600 +

DS5

73.50 994.50 921.00 0.676 3.97 655 0.821

including 300H 73.50 418.50 345.00 1.008 3.48 191 1.078

and including

CS600

566.45 727.50 161.05 0.426 3.90 2863 0.898

and including

DS5

813.00 994.50 181.50 0.919 7.33 190 1.035

112+50

GS-20-

300H 66.50 692.00 625.50 0.748 3.80 275 0.834

CS600 752.00 989.00 237.00 0.241 2.23 1734 0.524

DS5 1118.00 1278.50 160.50 0.511 2.11 128 0.555

114+00

GS-20-

300H 118.50 577.50 459.00 0.712 3.43 263 0.792

CS600 730.50 942.00 211.50 0.469 2.49 2172 0.821

DS5 1014.00 1425.00 411.00 0.595 2.85 145 0.650

including 1192.50 1395.00 202.50 0.889 3.39 130 0.949

111+00

GS-20-

89*

300H 87.00 125.00 38.00 1.142 12.85 91 1.309

111+00

GS-20-

300H + CS600 63.00 847.50 784.50 0.646 2.89 465 0.750

including 300H 72.00 405.00 333.00 0.915 3.60 177 0.984

and including

CS600

643.50 768.00 124.50 0.635 4.60 1632 0.932

110+00

GS-20-

93*

300H 20.50 237.50 217.00 0.535 3.40 152 0.599

incl. 20.50 131.00 110.50 0.850 5.49 206 0.946

111+00

GS-20-

300H 36.00 1261.50 1225.50 0.646 2.50 178 0.702

including 36.00 390.00 354.00 1.123 4.14 287 1.215

or including 36.00 820.50 784.50 0.856 3.45 239 0.933

108+00

GS-20-

300H 6.00 109.50 103.50 0.804 2.27 129 0.850

CS600 279.00 385.50 106.50 0.228 3.77 1235 0.457

110+00

GS-20-

300H 18.40 584.00 565.60 0.609 1.95 107 0.648

incl. 18.40 381.50 363.10 0.693 2.35 141 0.742

*lost drill hole in mineralization

• All assay values are uncut and intervals reflect drilled intercept lengths.

• HQ and NQ2 diameter core samples were sawn in half and typically sampled at standard 1.5m

intervals

• The following metal prices were used to calculate the Au Eq meta l content: Gold $1322/oz, Ag:

$15.91/oz, Cu: $2.86/lb. Calculations used the formula Au Eq g/t = (Au g/t) + (Ag g/t x 0.012) +

(Cu% x 1.4835). All metals are reported in USD and calculations do not consider metal recoveries.

• True widths have not been deter mined as the mineralized body remains open in all directions.

Further drilling is required to determine the mineralized body orientation and true widths.

Table ll: Drill Data for Holes in Press Release December 15th, 2020

Attached are Sections 108+00 NE, 110+00 NE, 111+00 NE, 112+50 NE, 114+00 NE and 115+50 NE showing

holes traces with histogram plots for gold and copper results and a Plan Map showing the drill hole and

section locations.

Walter Storm, President and CEO of Tudor Gold , stated: “We are very pleased to announce the safe

successful completion of our 2020 diamond drill hole program. We completed over four times the amount

of drilling from the previous year’s program, greatly advancing Tudor’s flagship Treaty Creek Property. We

completed almost 44,000 meters of drilling at the Goldstorm System and over 1,600 meters of drilling at

the Perfect Storm target. Once we receive the final results from the last eleven drill holes, we will then

pass the data to our resource engineers and geoscien tists for an initial resource estimate. Continued

drilling is required for 2021 to locate the limits or edges of the mineralized system. Due to the size and

robust nature of the mineralization, the Goldstorm System remains open on all fronts and to depth. We

are proud of what we have achieved in these last two years of exploration and in -particular, the great

effort to withstand the harsh winter elements during November and December at Treaty Creek to bring

Section Hole ID UTM E NAD83 UTM N NAD83 Elevation (m) Azi (°) Dip (°) Depth (m)

108+00 NE GS-20-96 428358.8 6272666.6 1301.1 115 -45 552.0

110+00 NE GS-20-93* 428520.7 6272796.9 1270.5 288 -50 316.2

GS-20-97 428520.7 6272796.7 1270.5 286 -52 662.0

111+00 NE GS-20-82 428428.3 6272984.3 1372.6 295 -78 1050.3

GS-20-89* 428430.9 6272982.5 1371.2 125 -72 126.0

GS-20-90 428431.2 6272982.0 1370.8 115 -74 873.0

GS-20-94 428551.5 6272932.5 1292.5 287 -57 1335.0

112+50 NE GS-20-83 428539.7 6273077.5 1366.5 115 -73 999.0

GS-20-85 428550.9 6273085.9 1367.0 295 -80 1316.0

114+00 NE GS-20-80 428651.5 6273191.9 1369.9 295 -70 1391.0

GS-20-86 428651.4 6273191.8 1369.3 295 -80 1449.0

115+50 NE GS-20-81 428781.4 6273288.4 1345.1 295 -70 1481.6

*Lost Hole in mineralization

Table III: DDH Data for completed holes with results pending

Section Hole ID UTM E NAD83 UTM N NAD83 Elevation (m) Azi (°) Dip (°) Depth (m)

108+00 NE GS-20-100 428355.0 6272668.2 1301.1 295 -55 812.0

109+00 NE GS-20-95 428415.8 6272747.3 1289.3 115 -57 582.0

GS-20-98 428413.9 6272748.1 1290.1 115 -68 534.0

112+50 NE GS-20-87 428541.3 6273076.8 1366.1 115 -60 937.7

GS-20-91 428667.0 6273018.0 1287.0 287 -50 1191.0

114+00 NE GS-20-84 428659.1 6273197.5 1368.7 115 -69 1064.0

GS-20-92 428810.8 6273080.1 1255.6 287 -45 1023.0

GS-20-102 429094.6 6272944.2 1234.1 290 -90 725.0

115+50 NE GS-20-88 428781.4 6273288.4 1345.1 295 -75 1440.0

GS-20-99 429128.7 6273106.3 1223.7 290 -85 965.0

117+00 NE GS-20-101 429226.7 6273216.6 1211.0 290 -90 348.0

the 2020 drill campaign to a safe close. Our commitment is to continue to advance the project as quickly

as possible. We have left the track-drill carriage components for two track-mounted drill rigs on-site so our

team can get an early start to the 2021 drill season. We look forward to receiving the fin al results of the

eleven drill holes from MSA Labs within a couple of weeks to complete the 2020 exploration season on

schedule.”

D. Cremonese, P . Eng., President of Teuton Resources Corp. commented as follows: “Let me give thanks

to Walter Storm, Ken Konkin and Sean Pownall of More Core Drilling: they did a superb job this year at

Treaty Creek. Drilling 44,000m beginning in May and finishing up in the cold winter winds of December—

they doubled the length of the typical Stewart work season and showed it could be done efficiently and

safely. They really advanced the project in 2020 and the property rewarded us all with excellent results.”

Tudor Gold Corp and its associated service companies report that they have taken extreme measures to

maintain the highest professional standards while working within COVID-19 health and safety protocols.

QA/QC

Drill core samples were prepared at MSA Labs' Preparation Laboratory in Terrace, BC and assayed at MSA

Labs' Geochemical Laboratory in Langley, BC. Analytical accuracy and precision are monitored by the

submission of blanks, certified standards and duplica te samples inserted at regular intervals into the

sample stream by Tudor Gold personnel. MSA Laboratories quality system complies with the requirements

for the International Standards ISO 17025 and ISO 9001. MSA Labs is independent of the Company.

Qualified Person

The Qualified Person for this news release for the purposes of National Instrument 43-101 is Tudor Gold’s

Vice President Project Development, Ken Konkin, P .Geo. He has read and approved the scientific and

technical information that forms the basis for the disclosure contained 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. Ten of these properties are currently under option to third parties. Over $2

million in option cash payments (not including appreciable payments made in shares) has been generated

from these properties since 2015, including properties where optionees have already earned their

interest.

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) as well as a 0.98% NSR in t he claims covering the Goldstorm zone. A 0.49% NSR is owned in the

peripheral claims. None of the NSRs are subject to a buy-back. Teuton also owns eight other royalties in

the Sulphurets Hydrothermal System with interests ranging up to 2.5% , none of wh ich are subject to a

buyback. Interest ed parties can access information about Teuton at the Company’s website,

www.teuton.com.

Figures Accompanying News Release

http://teuton.com/PlanViewDec15

http://teuton.com/GSZ10800NEAuCu

http://teuton.com/GSZ11000NEAuCu

http://teuton.com/GSZ11100NEAuCu

http://teuton.com/GSZ11250NEAuCu

http://teuton.com/GSZ11400NEAuCu

http://teuton.com/GSZ11550NEAuCu

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 statements relating to matters that are not historical facts

are intended to identify forward -looking information and are based on the Company's current bel ief 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 risk s 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 diffe r materially from the Company's plans or expectations

include risks relating to the actual results of current exploration activities, fluctuating gold prices, possibility of

equipment breakdowns and delays, exploration cost overruns, availability of capita l and financing, general

economic, market or business conditions, regulatory changes, timeliness of government 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.

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