Teuton Reports a Significant New GOLD-Silver-Copper Mineralized System at the Perfectstorm (Psz) at Treaty Creek as Well as Expands the Goldstorm Mineralization
TEUTON RESOURCES CORP .
2130 Crescent Road
Victoria, BC V8S 2H3
Phone: (778) 430-5680
Website: www.teuton.com
NEWS RELEASE
TEUTON REPORTS A SIGNIFICANT NEW GOLD-SILVER-COPPER MINERALIZED SYSTEM AT THE
PERFECTSTORM (PSZ) AT TREATY CREEK AS WELL AS EXPANDS THE GOLDSTORM MINERALIZATION
ALONG THE NORTHEAST AXIS TO 1100 METERS.
DRILL HOLE GS-20-73 EXPANDS THE 300 HORIZON WITH A 229.5 METER INTERCEPT AVERAGING 1.506
gpt AuEq WITHIN A 775.5 METER INTERVAL AVERAGING 0.932 gpt AuEq.
DRILL HOLE GS-20-66 EXPANDS THE CS-600 SYSTEM 100 METRES TO THE SOUTHEAST WITH A 75
METER INTERCEPT AVERAGING 2.150 gpt AuEq.
Sept. 10, 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 third set of holes drilled in 2020 at the Treaty Creek property, located in the Golden Triangle of
northwest British Columbia. Tudor Gold says that drilling is progressing very well with six diamond drill
rigs currently working on the Goldstorm Zone which is o n-trend from Seabridges’ KSM Project to the
southwest.
Three drill holes have intersected the newly discovered gold-dominant PSZ System located approximately
2 kilometers southwest of the Goldstorm Zone. These diamond drill holes targeted a 1.5 kilometer -wide
geophysical anomaly (magnetometer high). Tudor Gold has discovered this new thrust-hosted porphyry-
style gold-copper-silver bearing system on trend, and approximately 4 km northeast from Seabridges’ Iron
Cap Deposit, which is located at the southwestern boundary of the Tudor Claim block.
Furthermore, diamond drilling on the Goldstorm System has successfully expanded the mineralization to
the northeast, southwest and southeast as well to depth. The Goldstorm System 300 Horizon has now
been traced for 1100 meters along the northeast axis.
Goldstorm Drilling Highlights include:
• Five diamond drill holes are reported from Goldstorm, all having hit their intended targets with
favorable results listed in Table l.
• The best intercept was from drill hole GS -20-73 on Section 110+00 NE that cut 775.5 metres
(29.0m to 804.5 m) averaging 0.932 gpt AuEq containing an enriched portion that a veraged
1.506 gpt AuEq over 229.5 meters ( 519.5m to 749.0 m). This was a southwest offset to drill hole
GS-20-57 that averaged 1.40 gpt AuEq over 217.5 meters (544.5 to 762.0 meters) within an
overall composite averaging 0.845 gpt AuEq over 973.05m (34.50 to 1007.55 meters). (GS-20-57
was collared on Section 110+00 but deviated drastically to the northeast and the lower portion
plotted on Section 111+00 NE leaving a gap in the drill model which GS-20-73 has now filled).
• A second longer intercept from GS-20-73 includes material that averaged 0.828 gpt AuEq from
a 949.5 meter intercept (29.0 to 978.5 meters) but the hole was abandoned at 980 meters due
to safety concerns with the drill platform so hole GS-20-73 WAS STOPPED IN MINERALIZATION.
However, the results from entire hole composites are extremely consistent between GS -20-57
(0.845 gpt AuEq over 973.05 meters) and GS-20-73 (0.827 gpt AuEq over 949.5 meters).
• Drill hole GS-20-73 is undercut by GS-20-65; a remarkable 348 meter intercept of 2.120 gpt AuEq
within a larger 930 meter intercept of 1.161 gpt AuEq (Press Release July 27th, 2020), which is
currently the best intercept on the project to-date.
• Tudor expanded the CS-600 Zone 100m to the southeast on Section 109+00 NE with a 75 meter
intercept averaging 2.150 gpt AuEq in hole GS-20-66.
• GS-20-67 on Section 114+00 NE deviated drastically to the north thereby extending the length
of the northeast axis of the 300 Horizon to 1100 meters. This hole also ended in mineralization
with the last 15 meters (1325m to 1340m) averaging 0.905 gpt AuEq within a strong quartz
stockwork zone similar to the DS -5 stockwork system found at the bottom of GS -19-47 (243
meters averaging 0.996 gpt AuEq). See Section 114+00 NE attached below.
• Notable increase to silver grades o ccurred within GS -20-73. A 78 meter intercept (534.5m to
612.5m) had elevated silver grades averaging 26.3 gpt Ag associated with 1.588 gpt gold.
[Seven figures accompany this news release showing sections and plan maps, URLs for which can be found
at the end of the release.]
Tudor Gold’s Vice President of Project Development, Ken Konkin, P .Geo., states: “We are very pleased to
have intersected significant gold -copper-silver porphyry-related mineralization within a large magnetic
anomaly called Perfects torm (PSZ). This magnetic anomaly is located along a relatively evenly spaced
frequency of large deposits following the Treaty-Sulphurets Thrust Fault, approximately mid-way between
the Iron Cap Deposit to the southwest and our Goldstorm System to the northeast. Results obtained from
PS-20-01 and PS -20-02 on Section 89+00 NE demonstrate the consistency within these two drill holes
completed off the same drill pad. PS-20-01 intersected 0.594 gpt AuEq over 133.5 meters while PS-20-02
intersected 151 meters of 0.621 gpt AuEq. The third PSZ System drill hole was a 300 meter step-out to the
southwest and this hole (PS-20-03) intersected 220.5 meters of 0.402 gpt AuEq on Section 86+00 NE. The
results suggest that the system is open to expansion to the southwest an d to the northwest. The
exploration target area is at least 1.5 kilometers long and 500-800 meters wide. We are very excited to see
the results confirming that large mineralized polymetallic systems occur at a predictable frequency along
the Sulphuretes-Treaty Thrust Fault belt. We are planning an aggressive diamond drill -hole program for
2021 to further expand the limits of the PSZ System’s potential mineralization, searching for the center of
the metal pile as we have successfully done with the Goldstorm System.”
The two tables below provide the complete list of composite results from the eight drill holes reported, as
well as the drill hole data including hole location, elevation, depth, dip and azimuth. Perfectstorm Sections
86+00 NE and 89+00 NE with G oldstorm Sections 109+00 NE, 110+00 NE and 114+00 NE are attached
below along with corresponding plan maps (also available on the Company’s website).
Table l Gold equivalent composite values from five Goldstorm Zone holes and three PSZ drill holes.
Section HOLE Horizon From To
Interval
(m)
Au
(gpt)
Ag
(gpt)
Cu
(ppm)
AuEq
(gpt)
109+00 NE GS-20-66 300H+CS600 6.0 529.5 523.5 0.673 1.86 425 0.758
109+00 NE GS-20-66
including
300H 7.5 156.5 149.0 0.941 3.29 190 1.008
109+00 NE GS-20-66
including
CS-600 454.5 529.5 75.0 2.075 1.87 352 2.150
109+00 NE GS-20-68 300 4.85 798.0 793.15 0.521 1.73 127 0.561
109+00 NE GS-20-68
including
300H 4.85 62.0 57.15 1.026 1.11 60 1.048
109+00 NE GS-20-68
& including
300H 221.0 536.0 315.0 0.744 1.82 135 0.785
109+00 NE GS-20-72 300H 4.5 730.5 726.0 0.475 1.53 97 0.507
110+00 NE GS-20-73 330H 29.0 804.5 775.5 0.842 5.47 160 0.932
110+00 NE GS-20-73 or 330H 29.0 978.5 949.5 0.749 4.67 152 0.828
110+00 NE GS-20-73 including 29.0 80.0 51.0 1.276 6.52 168 1.379
110+00 NE GS-20-73 & including 519.5 749.0 229.5 1.338 11.94 170 1.506
114+00 NE GS-20-67 300H 62.0 68.0 6.0 1.799 0.88 100 1.824
114+00 NE GS-20-67 and 300H 126.5 908.0 781.5 0.486 2.99 238 0.557
114+00 NE GS-20-67
including
300H 321.5 591.5 270.0 0.618 5.20 492 0.754
114+00 NE GS-20-67 and 300 1325.0 1340.0 15.0 0.860 1.64 175 0.905
89+00 NE PS-20-01 Main 240.0 373.5 133.5 0.483 2.75 527 0.594
89+00 NE PS-20-01 including 240.0 320.5 80.5 0.573 4.11 775 0.737
89+00 NE PS-20-02 Main 265.5 416.5 151.0 0.514 3.16 469 0.621
89+00 NE PS-20-02 including 300.5 350 49.5 0.781 6.71 648 0.957
86+00 NE PS-20-03 Main 152.0 372.5 220.5 0.293 1.78 591 0.402
86+00 NE PS-20-03
including
Upper 152.0 171.5 19.5 0.885 0.82 160 0.919
86+00 NE PS-20-03
including
Lower 348.5 371 22.5 0.846 3.73 340 0.942
• 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 metal 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 determined as the mineralized body remains open in all directions.
Further drilling is required to determine the mineralized body orientation and true widths.
Table lI Drill Hole Data
Walter Storm, President and CEO of Tudor Gold, stated: “We are delighted to see continued success from
the Treaty Creek drill program. Not only are we getting excellent results from all the drill holes completed
this year, we have also discovered a new mineralized system at Perfectstorm. This demonstrates th e
remarkable potential that our flagship property holds. However, we must now focus all our exploration
efforts on completing the drilling at Goldstorm. We intend to continue our 150 meter step -outs to the
northeast on Section 115+50 NE as well as expand t he drilling to the southeast and northwest along
Sections 110+00 NE, 111+00 NE, 112+50 NE and 114+00 NE. The Goldstorm System remains open in all
directions and at depth.”
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 duplicate 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. Dino
Cremonese, P . Eng., is the Qualfied Person for Teuton Resources and as President is not independent of
the Company. He has not verified the technical information in this release but has no reason to believe it
is inaccurate.
ZONE SECTION HOLE ID UTM E NAD 83 UTM N NAD 83 ELEV (m) AZI (°) DIP (°) DEPTH (m)
Goldstorm 109+00 NE GS-20-66 428417.48 6272746.28 1288.23 115 -45 588.00
Goldstorm 109+00 NE GS-20-68 428411.01 6272749.72 1291.34 298 -45 799.00
Goldstorm 109+00 NE GS-20-72 428411.47 6272749.40 1290.89 295 -60 938.00
Goldstorm 110+00 NE GS-20-73 428506.45 6272814.14 1276.41 290 -60 980.00
Goldstorm 114+00 NE GS-20-67 428784.91 6273067.08 1257.84 300 -45 1340.00
PSZ 89+00 NE PS-20-01 427447.09 6271033.47 1500.53 290 -90 585.25
PSZ 89+00 NE PS-20-02 427446.85 6271033.57 1500.56 290 -75 533.00
PSZ 86+00 NE PS-20-03 427277.00 6270787.12 1505.07 290 -90 518.00
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.
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 the claims covering the Goldstorm zone. A 0.49% NSR is ow ned 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. Interest ed parties can access information about Teuton at the Company’s website,
www.teuton.com.
Figures Accompanying News Release
http://teuton.com/GSZ10900NE
http://teuton.com/GSZ11000NE
http://teuton.com/GSZ11400NE
http://teuton.com/GSZPlanView
http://teuton.com/PSZ8900NE
http://teuton.com/PSZ8600NE
http://teuton.com/PSZPlanView
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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