Teuton Enters Into New Option Agreements on the Delta, High North, Fairweather and Orion Properties in the Golden Triangle

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[{"type":"text","content":"Teuton Enters Into New Option Agreements on the Delta, High North, Fairweather and Orion Properties in the Golden Triangle(via TheNewswire)\n \n \nSeptember 4, 2018 / TheNewswire / Teuton Resources Corp. (\"Teuton\" or \"the Company\") (\"TUO\"-TSX-V) (\"TUC\"- Frankfurt) is pleased to report that it has completed new option agreements with Tudor Gold Corp. in respect of the Delta, High North, Fairweather and Orion properties. \n\n\n \nThe new agreements are nearly identical to the old ones, except that instead of receiving cash for certain of the payments that were due, Teuton will be receiving an equivalent amount of shares of Tudor Gold at $0.30 per share, subject to TSX Venture Exchange approval. Subsequent share and cash payments are the same as what was stipulated in the old agreements.\n\n\n \n\n\n\nClick Image To View Full Size\n\n\n\nTeuton prospecting crews have been exploring and taking samples from two of the four properties. On the Orion claim, the crew discovered a series of large massive pyrite boulders (see pictures below) which are believed to be exhalative in origin. Source of the boulders has not been found although it is believed they have not come far because of their angular nature. In another location, abundant native sulfur was discovered along with what seems to be a small stream with a coating of gypsum along its course, suggesting former hot spring activity. Several new mineral occurrences have been sampled including some with arsenopyrite veinlets (previously discovered zones with arsenopyrite veinlets on the property have been gold-bearing). Assays are expected in about 6 to 8 weeks.\n\n\n\n \n \n\nClick Image To View Full Size\n\n \n \nThe Orion property has been marked by tremendous ablation (glacial meltback) in the past four years which is opening large tracts of land to the prospector's pick for the first time.\n\n\n \nD. Cremonese, P.Eng., is Teuton's Qualified Person for the purposes of this news release. As president, Mr. Cremonese is not independent of the Company.\n\n \n \nAbout Teuton\n\n \n \nTeuton owns interests in more than thirty properties in the prolific \"Golden Triangle\" area of northwestern British Columbia and was one of the first companies to adopt what has since become known as the \"prospect generator\" model. Twelve of its properties are currently under option and cash proc...

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