Business
Four Drills Operating at the Treaty Creek Property, Northwestern BC (Golden Triangle)
(TheNewswire) JUNE 8, 2021 – TheNewswire - Vancouver, Canada –&...
About this update from Teuton Resources Corp.
[{"type":"text","content":"Four Drills Operating at the Treaty Creek Property, Northwestern BC (Golden Triangle)\n \n \n (TheNewswire)\n \n \n \n JUNE 8, 2021 –\n \n \n TheNewswire -\n \n \n Vancouver, Canada –– Teuton Resources\nCorp.  (“Teuton” or “the Company”) (TSXV:TUO)\n \n \n (OTC:TEUTF)\n \n \n (Frankfurt-TFE)\n \n \n has\nreceived a report from its joint venture partner Tudor Gold announcing\n \n \n that two additional drill rigs have arrived at\nTreaty Creek (the “Project”), located in the heart of the Golden\nTriangle of Northwestern British Columbia. Diamond drilling continues\nwith four rigs on the Goldstorm Deposit, which is on-trend from\nSeabridge Gold’s KSM Project, located five kilometres to the\nsouthwest. Excellent progress has been made during the first two weeks\nof drilling on the fully funded 30,000 metre, Phase l exploration\nprogram (the “Program”).\n \n \n This deposit\ndelineation and property exploration program will utilize up to six\ndrills.\n \n \n \n \n Tudor Gold’s Vice President of\nExploration and Project Development, Ken Konkin, P.Geo.,\nstates\n \n \n : “Despite higher than normal snowpack\nlevels, crews have rapidly advanced the excavation of snow to expose\ndrill sites allowing four diamond drill rigs to begin operations. We\nplan to prepare pad sites at other targets such as Perfect Storm (PSZ)\nand Eureka this month and will bring in two additional diamond drill\nrigs.\n \n \n \n \n We are excited about drilling these promising new\ntargets, however, the priority of our exploration program is to define\nthe limits of the Goldstorm Deposit, as it currently remains open to\nexpansion in all directions and at depth. In addition to potentially\nadding new gold equivalent (AuEq) ounces to the resource we will\nattempt to convert as much of the 7.9 million AuEq ounces of Inferred\nResources to the Measured and Indicated Resource categories that\ncurrently total 19.41 million AuEq ounces. Concurrent with the\ndrilling program, environmental base-line studies continue, including\nour water-sampling programs and installation of a weather monitoring\nstation near our lower exploration camp.\n \n \n \n \n Tudor Gold Corp. and our associated service companies\nhave taken extreme measures to maintain the highest professional\...