High Gold Assays up to 475 g/t Indicated in Lord Nelson Exploration; Further Delineation of the Silver-Gold zones in the Del Norte Drilling
TEUTON RESOURCES CORP .
2130 Crescent Road
Victoria, BC V8S 2H3
Phone: (778) 430-5680
Website: www.teuton.com
NEWS RELEASE
High Gold Assays up to 475 g/t Indicated in Lord Nelson Exploration; Further Delineation of the Silver-Gold
zones in the Del Norte Drilling
September 29 , 2020 - Vancouver, Canada –– Teuton Resources Corp. (“Teuton” or “the Company”) (“TUO” -TSX-V)
("TFE"- Frankfurt) has received an exploration update from its optionee, Decade Resources, regarding recent work on both
the Lord Nelson and Del Norte properties, located in the Golden Triangle region of northwest British Columbia.
Lord Nelson Exploration
Highlights of work to date on the Lord Nelson property include:
• Exploration on the Lord Nelson tenures indicate gold-copper bearing stringers in a stockwork zone that is at least
120 to 200 m wide.
• Work to date indicates that the zone appears to be at least 1.2 km long.
• Gold values ranging from 0.7 to 475 g/t and copper values ranging from 1.4 to 11.9% in grab samples were
obtained.
• The newly defined zone is along the Lord Nelson/Del Norte property boundary.
The following table shows the results for sampling on this newly outlined zone:
Sample Number Sample Type g/t Gold g/t Silver % Copper
A20-62 Grab 36.5 133 0.72
A20-63 0.7m channel 10.3 98.7 0.74
A20-93 Grab 5.18 15.4 1.4
A20-94 Grab 475.0 >100 11.9
A20-95 Grab 0.70 9.4 2.43
A20-96 Grab 2.71 >100 8.59
A20-97 Grab 3.23 41.4 3.1
KKM-03 Grab 119.0 25.5 8.99
KKM-04 Grab 32.0 26.0 3.56
*Grab samples are solely designed to show the presence or absence of any mineralization and to characterize the metal
tenor in this mineralization. Grab samples are by definition selective and not intended to provide nor should be construed
as a representative indication of grade or mineralization at the property; and the grab samples analysed from the property
reflect a broad range in grade from below detection limit to the grades highlighted herein.
Sampling was conducted over an area that was at least 100 m in diameter where mineralization was exposed. A photo of
mineralized outcrop showing abundant copper carbonates is attached.
Del Norte Exploration
The Company has completed over 4500 m of drilling in 19 holes to date testing both the "Argo" zone --a 115 m wide north-
south zone of deformation and the newly discovered Eagle’s Nest zone. The drilling has indicated that mineralization is
hosted by black mud lapilli tuffs that appear to have repeat sections due to thrusting and faulting. Mineralized zones
host sulphides including pyrite, sphalerite, galena and tetrahedrite mineralization along with sections mineralized by fine
acicular arsenopyrite. First assays are expected within the coming weeks.
A photo of a 20 m mineralized section of core and quartz with sulphides is attached (from DDH-20-17).
With the prospect of colder weather, drilling is now being conducted at lower elevations in order to f urther define the
silver-gold system on the property.
E. Kruchkowski, President of Decade Resources stated: “the Company has had a very successful program in spite of the late
July start and bad weather conditions. It is a tribute to the geologists and dri llers working on behalf of the Company. It is
not often that a company can have 2 very successful exploration programs that are operating concurrently. The Company
has been able to farm into 2 highly prospective areas that have an abundance of both mineral showings and types. We
look forward to the results which will aid in future programs.”
Decade reports that exploration work is being conducted from Stewart in order to avoid a camp situation that may lead to
health concerns due to the COVID-19 virus. The Company uses a Stewart based helicopter for support. A pad building crew,
diamond drill crew and support staff mobilize on a daily basis from a staging area near the project. The geological crew is
one that the Company has relied on for a number of years and which has intimate knowledge of the property.
All drill cores in this program are NQ in size. The core is brought into Stewart on a daily basis where it is logged for cutting
on a diamond saw. Assays are to be completed on sawn half cores, with the seco nd half kept for future reference. The
samples will be analyzed using 30 element ICP and standard fire assay procedures with atomic absorption (AA) finish on
samples yielding a grade higher than ten g/t Au. Standard reference materials and blank samples we re inserted prior to
shipment for quality assurance and quality control (QA/QC) program.
Analysis will be performed by Activation Laboratories Ltd in Kamloops BC.
Qualified Person
The Qualified Person for this news release for the purposes of National Instrument 43-101 is Decade Resources president,
E. Kruchkowski, P . Geo. He has read and approved the scientific and technical information that forms the basis for the
disclosure contained in this news release. Dino Cremonese, P . Eng., is the Qualfied Person for Teuton Resources and as
President is not independent of the Company.
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 $4 million in option cash and share payments has been
generated from these properties since 2015, including properties where optionees have already earned their interest.
One of Teuton’s properties, the Treaty Creek, is presently the subject of a multi-million dollar exploration program testing
the Goldstorm zone with six diamond drills. Teuton was the original staker of th is 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 the 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 which are subject to a buyback. 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", "int end", "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 belief or assum ptions 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 uncert ainties. 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 current exploration
activities, fluctuating gold prices, possibility of equipment breakdowns and delays, exploration cost overruns, availability of capital
and financ ing, 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.
[See photos, next pages]
Sample of copper – gold bearing rock from the Lord Nelson tenures.
[See photos, below, next page]
Photo showing abundant quartz and fine sulphide in DDH-20-17.
Photo showing smeared mineral in DDH-20-17