Treaty Creek Property , Golden Triangle, BC: New Copper-Silver Horizon Identified Within the Goldstorm System --up to a 24% Increase IN GOLD -Equivalents from Previously
TEUTON RESOURCES CORP .
2130 Crescent Road
Victoria, BC V8S 2H3
Phone: (778) 430-5680
Website: www.teuton.com
NEWS RELEASE
TREATY CREEK PROPERTY , GOLDEN TRIANGLE, BC: NEW COPPER-SILVER HORIZON IDENTIFIED WITHIN
THE GOLDSTORM SYSTEM --UP TO A 24% INCREASE IN GOLD -EQUIVALENTS FROM PREVIOUSLY
REPORTED GOLD-ONLY RESULTS
December 19 , 2019 - Vancouver, Canada –– Teuton Resources Corp. (“Teuton” or “the Company ”)
(“TUO”-TSX-V) ("TUC"- Frankfurt) has received a report from JV partner Tudor Gold concerning a recently
completed interpretation of the Goldstorm Zone on the Treaty Creek property, located in the Golden
Triangle region of BC, immediately north of and along regional strike from Seabridge Gold’s KSM property
and Pretium Resources’ Brucejack-Snowfield property.
Tudor Gold announces that a thick band of mineralization has been identified within the Goldstorm zone-
--the ‘CS 600 Horizon ’—containing appreciable copper and silver values in addition to gold within drill
holes GS19-42, 47, 48, 49, 52 and CB18-39. All of these holes are located in the northeastern portion of
the Goldstream Zone; all now have enhanced gold equivalent values because of the addition of the copper
and silver content.
• Increases due to copper-silver content were also noted in the previously identified “300 Horizon”,
occurring close to surface. The largest such increase came in GS19-42 wherein the gold-only grade
previously reported for the 370.5 m interval was 1.09 7 gpt Au. After adding the copper -silver
mineralization, the gold metal equivalent content has increased to 1.275 gpt Au Eq over the same
370.5 metre interval. This was due mainly to the elevated silver grades.
• Copper grades were very consistent within the ’CS 600 Horizon’. Grades ranged from
approximately 0.16% Cu to 0.34% Cu over intervals of 69m to 151.5m in holes GS19-42, 47, 48,
49 and 52. These intercepts led to the largest gold equivalent increases within the Goldstorm
System.
• Silver grades averaged as high as 10 gpt within both the ‘300 Horizon’ and the ‘CS 600 Horizon’
and the metal appears to occur throughout the entire Goldstorm System.
Vice President of Project Development, Ken Konkin P .Geo. comments: “The newly discovered copper-rich
‘CS 600 Horizon’ is a very important feature of the Goldstorm System. The presence of copper and silver
mineralization gives th is discovery a true polymetallic nature yet it remains a gold -dominant project .
Copper grades appear to be increasing with depth within the ‘CS 600 Horizon’. In the following weeks our
technical team will continue to examine the rest of the drill holes to re-compute the gold-equivalent grades
to include copper and silver throughout the entire system.”
Table l provides gold equivalent composites from five drill holes completed on three sections that cut the
‘300 Horizon’ and the ‘CS 600 Horizon’ within the Goldstorm System. Although the sixth hole in this table
(CB18-39) did not intersect the ‘CS 600 Horizon’, the Au Eq composite increased the grade of the intercept
by over 11% within the ‘300 Horizon’. Sections attached demonstrate that the copper pulse is un-like the
main gold mineralization within the ‘300 Horizon’ as t he ‘CS 600 Horizon ’ appears to be dipping sub -
parallel to the main Treaty Thrust Fault (TTF1) shown in section 111+00 NE. The Company's Press Release
dated October 28th provides the drill collar data including drill hole location, elevation, inclination, azimuth
and drill hole length.
Table l: Gold Equivalent Composites GS19-42, 47, 48, 49,52 and CB18-39
* All assay grades are uncut and intervals reflect drilled intercept lengths. True widths of the mineralization
have not been determined. HQ and NQ2 diameter core samples were sawn in half and typically sampled
at standard 1.5m intervals.
**Prices used to calculate the AuEq metal content are: Gold $1322/oz, Ag: $15.91/oz, Cu: $2.86/lb. All
metals are reported in USD and calculations do not consider metal recoveries.
The goal is to design a diamond drill hole program that will fast -track the exploration program for 2020
with the objective to begin the Mineral Resource Estimate work at the end of the 2020 field season. Tudor
hopes to accomplish as much drilling as needed to bring a Measured and Indicated Mineral Resource
Estimate forward as quickly as possible.
Walter Storm, President and CEO of Tudor Gold , stated: “These new gold equivalents are extremely
encouraging as our technical team continues to take positive steps advancing Tudor Gold’s flagship Treaty
Creek Au-Ag-Cu project. During the following months our geologist and engi neers will continue to work
From (m) To (m) Intercept (m) Ag (gpt) Cu (ppm) Au( gpt) Au Eq (gpt)
GS19-42 63.5 843.5 780.0 5.8 650 0.683 0.849
including 300 Horizon 63.5 434.0 370.5 10.0 393 1.097 1.275
with 63.5 315.5 252.0 13.8 504 1.268 1.508
including CS 600 Horizon 717.7 843.5 125.8 3.8 2253 0.522 0.902
GS19-47 117.5 1199.0 1081.5 3.4 450 0.589 0.697
including 300 Horizon 200.0 501.5 301.5 2.1 96 0.828 0.867
including CS 600 Horizon 665.0 816.5 151.5 8.9 2228 0.572 1.009
including Deep Stwk 933.5 1176.5 243.0 4.8 207 0.908 0.996
GS19-48 97.5 1024.5 927.0 3.0 543 0.677 0.793
including 300 Horizon 97.5 426.0 328.5 4.3 354 1.048 1.152
including CS 600 Horizon 871.5 940.5 69.0 3.9 3364 0.937 1.483
GS19-49 81.0 907.5 826.5 3.4 429 0.696 0.800
including 300 Horizon 81.0 330.0 249.0 5.1 137 0.998 1.080
including CS 600 Horizon 747.0 832.5 85.5 10.5 2035 1.067 1.494
GS19-52 62.0 663.5 601.5 3.2 513 0.668 0.783
including 300 Horizon 62.0 398.0 336.0 2.7 182 1.004 1.062
including CS 600 Horizon 513.5 663.5 150.0 6.5 1583 0.391 0.703
CB18-39 141.5 705.3 563.8 4.4 352 0.981 1.086
including 300 Horizon 141.5 422.0 280.5 5.5 449 1.141 1.274
including 539.0 695.0 156.0 4.6 257 1.154 1.247
with the geological model and begin to prepare the diamond drill hole proposal for 2020 .”
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 the technical information in this news release is Tudor Gold’s Exploration
Manager, Ken Konkin, P .Geo. He has read and approved the scientific and technical information that forms
the basis for the disclosure contained in this new s release. T he Qualified Person for Teuton Resources,
Dino Cremonese, P . Eng. (who as President is not independent of the Company), has not reviewed the
data but has no reason to believe it is unreliable.
Teuton’s Interest in Treaty Creek
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 owned in the
peripheral claims. None of the NSRs are subject to a buy -back. Teuton presently holds 2.975 million
shares of Tudor Gold, the Operator of the Treaty Creek Project.
URLs For Figures:
http://teuton.com/11100NE
http://teuton.com/11250NE
http://teuton.com/11400NE
About Teuton
Teuton owns interests in more than thirty properties in the prolific “Golden Triangle” area of northwestern
British Columbia and was one of the first companies to adopt what has since become known as the
“prospect generator” model. Seven of these properties are currently under option to third parties. Over
$2 million in option cash payments has been generated from these optioned properties since 2015,
including properties where optionees have already earned their interest (this does not include the value
of shares received from the optioning companies).
Shareholders and other interested parties can access information about Teuton at the Company’s website,
www.teuton.com.
"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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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 belief or
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include risks relating to the actual results of current exploration activities, fluctuating gold prices, possibility of
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