Teuton Resources Corp. announces that it intends to complete a non-brokered private placement consisting of the issuance of up to 3,000,000 units at a price of $0.80 per Unit for gross proceeds of up to $2,400,000 subject to the approval of the TSX Venture Exchange. Each Unit will consist of one common share and one-half a Common Share purchase warrant. Each Warrant is exercisable into one Common Share at a price of $1.00 [...]
Eric Sprott announces that on May 29, 2020, 2176423 Ontario Ltd., a corporation which is beneficially owned by him, purchased 201,500 common shares of Teuton Resources Corp. over the TSX Venture Exchange at a price of approximately $0.64 per share for aggregate consideration of approximately $129,101. Mr. Sprott now owns and controls 4,611,000 shares and 2,500,000 share purchase warrants. Prior to this acquisition, Mr [...]
Teuton Resources Corp. announces the grant to directors of the Company options to purchase 960,000 shares of the Company at a price of $0.50 per share, exercisable until May 7, 2025, in conformance with its 2020 Stock Option Plan The stock option grants are subject to the approval of the TSX Venture Exchange. The price of Teuton's stock closed yesterday at $0.49 per share. About Teuton Teuton owns interests in more than [...]
Teuton Resources Corp. has received a report from its joint venture partner Tudor Gold concerning initiation of metallurgical studies for the Treaty Creek Project, located in the Golden Triangle of north-west British Columbia. This study will focus on the mineral characteristics and the prospects of developing Treaty Creek as a bulk tonnage mining target using conventional processing techniques. The test work will be [...]
Teuton Resources Corp. announces the following plans for 2020 work on its many properties in the Golden Triangle of northwestern, British Columbia: Treaty East Property The Treaty East property is surrounded by the Treaty Creek property to the west, the Brucejack-Snowfield property to the south and satellite claims belonging to Seabridge Gold to the north. [ A claim map can be viewed here: http://teuton.com/TreatyEastMap ]. The property is 100% owned by Teuton and was acquired in a [...]
Teuton Resources Corp. has received a report from JV partner Tudor Gold concerning gold-equivalent calculations for all drilling completed at the Company's flagship Treaty Creek project. These calculations add to gold values credits for previously analyzed values for copper and silver. Geological analysis and reinterpretation of all the drill holes to date exposed a new copper horizon as well as significant silver and [...]
Teuton Resources Corp. is pleased to announce it has optioned its wholly-owned Del Norte property to Decade Resources. The property is situated within the Golden Triangle of northwestern British Columbia, 34 kilometres east of Stewart. Over $6,000,000 has been spent on the Del Norte since first staking in 1985. It is located along a major structural break between volcanics to the west and sediments to the east, a [...]
Teuton Resources Corp. 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 [...]
Teuton Resources Corp. drilled four holes into its 100% owned Del Norte property in 2019. The first two holes targeted a sharp EM anomaly identified by a 2005 airborne survey lying parallel to and just east of the LG vein. Interpretation of a 2018 ZTEM survey flown over the same area suggested a zone of alteration beginning about 200m below surface. Assay results and geological analysis of the two holes indicate the [...]
Teuton Resources Corp has received a report from JV partner Tudor Gold containing final assay results from the remaining five holes of the 2019 drilling program at Treaty Creek. The Treaty Creek property is 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. This year's drilling program generated [...]
Teuton Resources Corp. has received a report from JV partner Tudor Gold containing assay results from the next six holes of the 2019 drilling program at Treaty Creek. These results include two deep vertical diamond drill holes and four definition drill holes, all of which intercepted significant mineralization in the Goldstorm Zone. The Treaty Creek property is located in the Golden Triangle region of BC, immediately [...]
Teuton Resources Corp. is pleased to announce that the crew for the 2019 Del Norte drill program has arrived and that drilling is expected to commence within two days. The Del Norte property is situated 30 km east of Stewart within the Golden Triangle region of north-western British Columbia. The principal target of the 2019 program is the "A-2" anomaly identified by Geotech during a comprehensive ZTEM survey flown in [...]