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Crews and Equipment Mobilized to Treaty Creek Project, Golden Triangle, BC, in Preparation for May Start-Up; 20,000 Meters of Drilling Planned at Goldstorm in 2023
(TheNewswire) April 18, 2023 – TheNewswire - Victoria , Canada – ...
About this update from Teuton Resources Corp.
[{"type":"text","content":" Crews and Equipment Mobilized to Treaty Creek Project, Golden Triangle, BC, in Preparation for May Start-Up; 20,000 Meters of Drilling Planned at Goldstorm in 2023\n \n \n (TheNewswire)\n \n \n \n \n \n \n \n \n \n April 18, 2023 –\n \n \n TheNewswire -\n \n \n Victoria\n \n \n , Canada – Teuton Resources Corp.\n (“Teuton” or “the Company”) (TSXV:\n \n \n TUO\n \n \n ) (Frankfurt:\n \n \n TFE\n \n \n )\n \n \n announces that it\nhas received from its Joint Venture Partner Tudor Gold Corp. (“Tudor\nGold”) a report stating\n \n \n that crews have been\nmobilized in preparation for the upcoming 2023 exploration program at\nthe Treaty Creek Project, located in the Golden Triangle of Northwest\nBritish Columbia.  Crews are now transporting heavy equipment and\ndrilling supplies to the Treaty Creek site along the winter access\nfrom the nearby Brucejack Mine Access Road and preparing the camps for\nthe upcoming 2023 exploration campaign, which is anticipated to\ncommence in early May.\n \n \n \n \n The 2023 exploration program is anticipated to be\ncomprised of a drill hole program totalling a minimum of 20,000 meters\nat the Goldstorm Deposit and will target the north and northeast\nmineral extensions where the 2021 and 2022 drill hole programs\nintercepted gold, copper and silver mineralization.  These results\ncontributed to a significantly upgraded Mineral Resource Estimate\nrecently announced by the Company in\n \n \n a news\nrelease dated March 15, 2023,  which\n \n \n reported\nan Indicated Mineral Resource of\n \n \n 23.37 million ounces (Moz) of gold equivalent (AuEQ) grading 1.13\ng/t AuEQ\n \n \n and an Inferred Mineral Resource\nof\n \n \n 7.35 Moz of AuEQ grading\n0.98 g/t AuEQ\n \n \n .\n \n \n \n \n D. Cremonese, P. Eng., President of Teuton commented as\nfollows: “It’s gratifying to see such a large program beginning\nearly in the year at Treaty Creek.  Total expenditures are now just\nunder $100 million, a number which is sure to be passed during the\n2023 season.  I am particularly hopeful about the continued drill\ntesting of the copper-gold rich CS-600 domain within the Goldstorm\nsystem.”\n \n \n \n \n In addition to the drilling at the Goldstorm Deposit,\nTudor Gold, as Operator of the Treaty Creek Joint Ve...