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Silver Grail Resources: Drill Results from Midas and Konkin Silver Properties
Vancouver, Canada - TheNewswire - November 25, 2021 - Teuton Resources Corp. (“Teuton” or “the Company”) (TSXV:TUO) (Frankfurt:TFE) and Silver Grail Resources L
About this update from Silver Grail Resources Ltd.
[{"type":"text","content":"Vancouver, Canada - TheNewswire - November 25, 2021 - Teuton Resources Corp. (“Teuton” or “the Company”) (TSXV:TUO) (Frankfurt:TFE) and Silver Grail Resources Ltd. (“Silver Grail”) (TSXV:SVG) has received assay results from five holes totalling 1,597 metres, one of which was drilled on the Midas property (owned 75% by Teuton, 25% by Silver Grail) with the remaining four on the Konkin Silver property (50% Teuton, 50% Silver Grail). All holes tested anomalies detected by previously flown, airborne geophysical surveys. Regrettably, none of the holes encountered economic gold and/or silver mineralization. D. Cremonese, P.Eng., President of both Teuton and Silver Grail commented as follows: “At the beginning of 2021 we decided to drill three of more than twenty ZTEM anomalies discovered during surveys carried out in 2018 on various properties in the Stewart region. Although 3 of the 4 holes drilled on the Konkin Silver property did intersect long intervals of sulphides, chiefly pyrite, they were barren of precious metals. The one hole drilled on the Midas had to be discontinued for mechanical reasons before it reached target depth. Drilling of the third target situated on the Eskay Rift property (100% Teuton) was postponed because of the lateness of the season and the onset of inclement weather. The Eskay Rift property is located over 50 miles northwest of the Midas and Konkin Silver and is underlain by wholly different rock types. The ZTEM signature is also much different and is interpreted by geophysicists as likely being caused by copper and gold mineralization based on local considerations. We are very much looking forward to drilling this prospect in 2022. ” Drill core samples were sent to 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 Teuton 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. D. Cremonese, P.Eng., is the Qualified Person for Teuton. As President of the C...