Teuton 2017 Field Program
03 Août 2017 - 2:30PM
Teuton Resources Corp. (“Teuton”) (TSX-V:TUO)
(Frankfurt:TFE) (OTCBB:TEUTF) is pleased to announce that a
reconnaissance program consisting of prospecting and sampling began
in mid-July, 2017 over many of the Company’s properties in the
Golden Triangle region of northwestern British Columbia.
The initial focus of the program was on the Del
Norte property where previous work has established a number of
gold-silver structures (LG vein, NMG vein, K zone, etc.) as well as
a porphyry copper-gold occurrence. After this, work
concentrated on the Konkin Silver, Prosperity South, Bay Silver and
the Silver Crown properties. The crew is currently
prospecting the Pearson property in and around the area of a large
geophysical anomaly. Particular attention is being paid to areas
recently exposed by glacial meltback.
Further work is planned on the Big Gold West,
Leduc Silver, Eskay Rift, Tennyson, Catspaw, Harry, Gold Mountain
and Silver Baron properties.
Contingent upon the success of the regional
reconnaissance program, a drill program may be implemented later in
the year.
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. Ten of
its properties are currently under option and cash proceeds from
these options have exceeded $1.45 million in the past twelve
months, not including the value of shares received from the
optioning companies. The Company also holds a number of Net
Smelter Royalty interests, most of which cannot be bought back by
the optioning party. Shareholders and other interested
parties can access information about Teuton at the Company’s
website, www.teuton.com.
The Qualified Person for this news release is D.
Cremonese, P.Eng., who, as President and CEO, is not independent of
the Company.
Respectfully:
“Dino Cremonese, P.Eng.”
President, Teuton Resources Corp.
For more information contact Investor Relations
at 778-430-5680 or barry@teuton.com
If you would like to be added to Teuton’s news
distribution list, please send your email address to
dino@teuton.com
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”,
“anticipate”, “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 variety 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.
Teuton Resources (TSXV:TUO)
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