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Strategic Plan on Advancing the Treaty Creek Gold and Copper Project, Golden Triangle, British Columbia
(TheNewswire) Vancouver, Canada – TheNewswire – June 18, 2024 –...
About this update from Teuton Resources Corp.
[{"type":"text","content":"Strategic Plan on Advancing the Treaty Creek Gold and Copper Project, Golden Triangle, British Columbia\n \n \n (TheNewswire)\n \n \n \n \n \n \n \n \n \n Vancouver, Canada –\n \n \n TheNewswire – June 18, 2024\n \n \n –– Teuton Resources Corp.\n (“Teuton” or “the Company”) (TSXV:TUO) (Frankfurt:TFE)\n \n \n is pleased to report that Project Operator and\nJoint Venture (“JV”) partner Tudor Gold (\"Tudor\") has\nannounced a strategic plan\n \n \n for the upcoming year\ncentered on the Treaty Creek gold and copper project, located in the\nGolden Triangle of British Columbia.\n \n \n \n \n Key Objectives of\nthe Strategic Plan\n \n \n \n \n Over the next 12 months, Tudor Gold expects to complete\nthe following objectives:\n \n \n \n \n \n \n Continue the ongoing exploration and definition\ndrilling program in Q3 2024 and report on results;\n \n \n \n \n \n \n Advance the metallurgical program and provide the\nresults of this test work in 2024;\n \n \n \n \n \n \n Proceed with preliminary permitting and environmental\nrequirements; and,\n \n \n \n \n \n \n Complete a Preliminary Economic Assessment by Q2\n2025.\n \n \n \n \n \n \n Drilling\nUpdate\n \n \n \n \n On May 9, 2024, Tudor Gold initiated a 10,000-meter (m)\ndiamond drilling program at the Goldstorm Deposit, with the primary\ngoal of expanding and upgrading the Mineral Resource Estimate released\nearly this year (\n \n \n \n April 8, 2024\n \n \n \n news release). To date, approximately 4,000 m of drilling, including\ntwo drill holes, have been completed on schedule. The first hole\nGS-24-181 intersected fine to medium-grained visible native gold at\n810.5 m. It is believed that this mineralization could be associated\nto the 300N mineral domain and possibly represents a series of\nparallel high-grade structures similar to Supercell One (SC-1). Click\non the following link to view a\n \n \n \n photo of the core\n \n \n \n .\n \n \n \n \n The current drilling program is concentrated on\nstep-out and in-fill drilling within the high-grade SC-1 system, a\ngold-dominant, quartz-sulfide, breccia-hosted structural corridor.\nThis system remains open to the northwest, north, and east. Tudor Gold\nplans to further explore this higher-grade zone with continued\ndrilling. Results from the recently completed dr...