Business
Correction - Teuton Resources News Release of Nov. 28, 2023
(TheNewswire) December 6, 2023 – TheNewswire - Vancouver, Canada – Teuton...
About this update from Teuton Resources Corp.
[{"type":"text","content":"Correction - Teuton Resources News Release of Nov. 28, 2023\n \n \n (TheNewswire)\n \n \n \n \n \n \n \n \n \n December 6, 2023 – TheNewswire -\n \n \n Vancouver, Canada – Teuton\nResources Corp.\n \n \n (“Teuton” or the “Company”) (TSXV:\n \n \n TUO\n \n \n ) (Frankfurt:\n \n \n TFE\n \n \n )\n \n \n disseminated a news\nrelease on Nov. 28, 2023 detailing exploration results from the Treaty\nCreek property and the Orion property.  The Treaty Creek property is\nowned as to a 20% carried interest by Teuton (it also holds varying\nNSR interests in the claims), American Creek Resources which owns an\nidentical 20% carried interest, and the remaining 60% interest held by\nTudor Gold Corp. (“Tudor Gold”), which is also the Operator of the\nTreaty Creek Joint Venture.   The Orion property, which used to\nbelong to Teuton, was optioned to Tudor Gold. Upon Tudor Gold earning\na 100% interest in the Orion property, Tudor Gold spun it out to\nGoldstorm Metals Inc. (“Goldstorm Metals”).  Teuton now retains a\n2.5% Net Smelter Royalty interest in the Orion property; there is no\nbuyback provision attached to the royalty.\n \n \n \n \n The Nov. 28, 2023 Teuton news release contained\ntechnical information as regards the Treaty Creek property that was\ndisclosed on the same date by Tudor Gold, with Ken Konkin, P. Geo.,\nacting as the qualified person (“QP”) for Tudor Gold for the\npurposes of National Instrument 43-101 –\n \n \n Standards of Disclosure for Mineral\nProjects\n \n \n .  The Teuton news release also\ncontained technical information as regards the Orion property that was\ndisclosed by Goldstorm Metals the previous day on Nov. 27, 2023, also\nwith Ken Konkin, P. Geo., acting as the QP for Goldstorm Metals.  The\ndisclosure in the Teuton release as regards Treaty Creek was verbatim\nas to what was disclosed in Tudor Gold’s release of the same date.\n The disclosure in the Teuton release as regards the Orion release\nwas verbatim as to what was disclosed in the Goldstorm Metals release\nof Nov. 27, 2023, but it also contained an opinion as to those\ndisclosures in a comment section by D. Cremonese, P. Eng. and\nTeuton’s President and CEO, as well as a caption which was not in\nthe Goldstorm Metals re...