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2023 Exploration Drilling Program Commences at the Treaty Creek Project, Golden Triangle, Northwestern British Columbia
(TheNewswire) May 8, 2023 – TheNewswire - Victoria , Canada –...
About this update from Teuton Resources Corp.
[{"type":"text","content":"2023 Exploration Drilling Program Commences at the Treaty Creek Project, Golden Triangle, Northwestern British Columbia\n \n \n (TheNewswire)\n \n \n \n \n \n \n \n \n \n May 8, 2023 –\n \n \n TheNewswire -\n \n \n Victoria\n \n \n , Canada –– Teuton Resources Corp.\n (“Teuton” or “the Company”) (TSXV:TUO) (Frankfurt:TFE)\n \n \n announces that it has received a report from its\nJoint Venture Partner Tudor Gold Corp. (“Tudor Gold”) stating\n \n \n that drilling has commenced at the Treaty Creek\nProject, located in the Golden Triangle of Northwest British Columbia.\n \n \n \n \n The fully funded program consists of a minimum 25,000\nmetre (m) diamond drilling campaign that has been developed to target\nthe north and northeast mineral extensions of the Goldstorm Deposit\nwhere drilling in 2021 and 2022 intercepted the highest grades of\ngold, copper and silver mineralization at Treaty Creek to date.\n These results contributed to a significantly upgraded Mineral\nResource Estimate recently announced by Teuton in a news release dated\nMarch 15, 2023 which reported an Indicated Mineral Resource of\n \n \n 23.37 million ounces (Moz) of\ngold equivalent (AuEQ) grading 1.13 g/t AuEQ\n \n \n and\nan Inferred Mineral Resource of\n \n \n 7.35 Moz of AuEQ grading 0.98 g/t AuEQ\n \n \n .\n \n \n \n \n In addition to the northern step-out drilling at the\nGoldstorm Deposit, Tudor Gold plans to carry out exploration drilling\nat the Perfectstorm Zone (“PSZ”) to follow up on six drill holes\nthat were drilled in 2020 and 2021 which all intercepted gold and\nsilver mineralization, highlighted by hole PS-21-06 which returned 118\nm of 0.66 g/t gold, 3.69 g/t silver including 31.5 m of 0.84 g/t gold,\n6.09 g/t silver.  PSZ is a gold-dominant mineralized system measuring\n1.3 kilometers (km) in strike length and is located approximately 2.5\nkm southwest of the Goldstorm Deposit and approximately 2.5 km\nnortheast of Seabridge Gold’s Iron Cap Deposit near the southwestern\nboundary of the Treaty Claim block.\n \n \n \n \n Ken Konkin, President and CEO of\nTudor Gold\n \n \n , commented: “Congratulations to our\nfield crews for yet again another safe and successful start-up\nutilizing our winter road route. We thank our good neighbours to the\...