Teuton Resources Reports 337.5m of 0.76 g/t Gold at Treaty Creek, Including 124.5m of 0.98 g/t Gold
TEUTON RESOURCES CORP.
2130 Crescent Road
Victoria, BC V8S 2H3
778-430-5680
Website: www.teuton.com
Teuton Resources Reports 337.5m of 0.76 g/t Gold at Treaty Creek,
Including 124.5m of 0.98 g/t Gold
January 24, 2018: Teuton Resources Corp. (“Teuton” or “the Company” ) (“TUO”-TSX-V) ("TUC"-
Frankfurt) is pleased to report an additional 3 holes from a 27-hole, 2017 drill program on the Copper Belle
zone within the Treaty Creek property, situated north of the KSM property of Seabridge Gold in the Golden
Triangle region of northwestern British Columbia. Teuton holds a 20% carried interest in the property (carried
until a production decision is made), as well as various NSR interests. Tudor Gold Corp. is the Operator.
CB-17-27, a step-out hole drilled on the Copper Belle zone, intersected various mineralized zones where
the most significant was 337.5m of continuous mineralization grading 0.76 g/t gold from 2 to 339.5m
depth, including a higher grade intercept of 124.5m grading 0.98 g/t gold from 53.0 to 177.5m. Hole CB-
17-27 was a 602m hole that was collared adjacent to the west side of the Treaty glacier where ice ablation
(glacier melt-back) has exposed new opportunities for exploration access. Hole CB-17-27 is 81m southeast of
CB-16-03 that graded 1.11 g/t Au for 58m from 88 to 146m; and 0.97 g/t Au for 122m from 304 to 426m. Hole
CB-16-03 was drilled uphill at a higher elevation.
Drill results for holes CB-17-27, CB-17-28 and CB-17-30 are summarized in the table below:
Hole-ID From
(m)
To
(m)
Interval
(m)*
Au
(g/t)
Ag
(g/t)
Cu
(%)
CB-17-
27 2.00 339.50 337.50 0.76 2.0 0.017
including 53.00 177.50 124.50 0.98 3.22 0.023
455.00 494.00 39.00 1.13 2.6 0.063
525.50 536.00 10.50 1.27 2.5 0.067
CB-17-28 138.70 155.40 16.70 1.05 5.5 0.019
175.20 225.50 50.30 0.74 1.0 0.003
332.30 384.00 51.70 0.65 4.4 0.003
CB-17-29 Results Pending; Drilled from same pad as hole 24
CB-17-30 256.50 306.00 49.50 0.69 2.0 0.003
312.00 321.00 9.00 0.42 1.6 0.101
*True widths of mineralization have not been determined.
Walter Storm, President and CEO, stated: “As we analyze Treaty Creek from an overview perspective
we find a very compelling image: Our discoveries, as expected, are closely related to the now -famous
"Red Line" (Triassic/Jurassic contact), as predicted in the seminal research report by British Columbia
government geologists Kyba and Nelson. The Sulphurets Fault (coincident with the Red Line), weaves its
way for over 20km from the southern end where the Kerr, Kerr Deep and Valley of the Kings deposits
are located, winding its way northward through the Sulphurets, Mitchell, Snowfields, Iron Cap and Iron
Cap Deep discoveries before crossing into Treaty Creek and up to the Copper Belle and GR2 zones. As
observed in the Kyba/Nelson research report, major discoveries lie generally within 2km of the Red Line
and that is the case with all these deposits. Tudor has a 3km unexplored gap bet ween the Copper Belle
discovery and the Seabridge Gold's Iron Cap deposit, in which our MagnetoTelluric Geophysics survey
identifies strong anomalous targets that have not yet been drilled. Results from Tudor Gold's drilling in
2017 show that in the Copper Bell zone, gold mineralization is expanding northward and eastward with
improving grades, increasing copper and silver credits, not to mention other promising areas within the
zone like Hole CB-17-26 which returned 149.1m of 1.78 g/t gold.
“This prolific hydrothermal system which hosts the many gold deposits of Seabridge Gold and Pretium
Resources, as well as the nascent gold mineralization currently being drilled on Tudor Gold's Treaty
Creek property, is known as one of the seven largest hydrothermal sys tems in the world for hosting
porphyry-type mineral deposits of gold and copper -gold (Alldrick). Moreover, Seabridge Gold's KSM
property is currently recognized as hosting the world’s largest undeveloped reserves of copper and
gold. In close proximity to t hese reserves are Pretium Resources' very large, porphyry gold Snowfields
deposit and its high -grade, Valley of the Kings gold mine, the latter recently having entered into
commercial production. This is an excellent area in which to be looking for another "elephant" and early
indications are that mineralization continues onto the Treaty property, right past an arbitrary line called
a 'claim boundary'."
Tudor Gold’s 2016 Magnetotelluric Geophysical Survey program (MT Survey) was effectively utilized as a
guide for the 2017 drill program. The MT Survey suggests that the mineralization continues to the southwest,
toward the Iron Cap deposit of Seabridge Gold Inc. The MT Survey also suggests that the mineralized zone is
open along strike and to depth. Tudor Gold’s 2017 drill program was located five kilometers north of Seabridge
Gold’s Iron Cap deposit and Tudor Gold intends to step out to the south in its 2018 program to see if it confirms
a relationship between the two areas.
Drill hole samples were assayed by Activation Laboratories Ltd. in Kamloops, 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. Activation Laboratories quality system
complies with the requirements for the International Standards ISO 17025: 2005. The main technical data in
this news release was reviewed by James McCrea, P.Geo., Tudor Gold’s geologist.
The Qualified Person for this news release is Dino Cremonese, P.Eng., who as President of Teuton is not
independent of the Company. Mr. Cremonese has not verified the accuracy of the technical data but believes
that it is reliable.
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. Eleven of its properties are currently under option and cash proceeds from these options have
exceeded $1.45 million in the past two years, not including the value of shares received from the optioning
companies. Shareholders and other interested parties can access information a bout Teuton at the Company’s
website, www.teuton.com.
Respectfully:
“Dino Cremonese, P.Eng.”
President, Teuton Resources Corp.
For more information contact Investor Relations at 778-430-5680 or [email protected]. If you would like to
be added to Teuton’s news distribution list, please send your email address to [email protected]
This news release includes certain forward -looking statements concerning the future performance of our
business, its operations and its financial performance and condition, as well as management’s objectives,
strategies, beliefs and intentions. Forward-looking statements are frequently identified by such words as “may”,
“will”, “plan”, “expect”, “antici pate”, “estimate”, “intend” and similar words referring to future events and
results. Forward-looking statements are based on the current opinions and expectations of management. All
forward-looking information is inherently uncertain and subject to a vari ety of assumptions, risks and
uncertainties, including the speculative nature of mineral exploration and development, fluctuating commodity
prices, competitive risks and the availability of financing, as described in more detail in our recent securities
filings available at www.sedar.com. Actual events or results may differ materially from those projected in the
forward looking-statements and we caution against placing undue reliance thereon. Teuton Resources Corp.
does have an ongoing obligation to disclose material information, as it becomes available.
The TSX Venture Exchange has neither approved nor disapproved the
information contained herein.