Business
Teuton Outlines Plans for 2020 Work on Treaty East and Eskay Rift Properties; Update re Planned Work on Goldstorm Zone (TREATY Creek Property) and Del Norte Property
(via TheNewswire) April 13, 2020 - TheNewswire - Vancouver, Canada - Teuton Resources ...
About this update from Teuton Resources Corp.
[{"type":"text","content":"Teuton Outlines Plans for 2020 Work on Treaty East and Eskay Rift Properties; Update re Planned Work on Goldstorm Zone (TREATY Creek Property) and Del Norte Property(via TheNewswire)\n\n \nApril 13, 2020 - TheNewswire - Vancouver, Canada - Teuton Resources Corp. (\"Teuton\" or \"the Company\") (TSXV:TUO) (OTC:TEUTF) (Frankfurt:TUC) announces the following plans for 2020 work on its many properties in the Golden Triangle of northwestern, British Columbia: \n\n\n \nTreaty East Property\n\n\n \nThe Treaty East property is surrounded by the Treaty Creek property (Tudor Gold 60%. American Creek 20% and Teuton Resources 20%) to the west, the Brucejack-Snowfield property (Pretium Resources) to the south and satellite claims belonging to Seabridge Gold to the north. [ A claim map can be viewed here: http://teuton.com/TreatyEastMap ].\n\n\n \nThe property is 100% owned by Teuton and was acquired in a multi-property agreement with Pretium Resources in 2013. Recently, Pretium has announced discovery of the \"A6\" zone located due south of the Treaty East property and has termed it \"a potential Eskay Creek style volcanogenic massive sulphide (\"VMS\") system\". Drilling by Pretium in 2019 intersected 2,890 grams per tonne silver (84.3 oz/ton silver), 0.95 grams per tonne gold, and 1.81% copper over 1.50 meters at 187.5m depth. The geological setting has been described as follows: \"a buried rhyolite dome capped by a mudstone unit locally anomalous in arsenic and mercury. The rhyolite dome is up to 200 meters thick, at least 500 meters wide and 2 kilometers long, and remains open to the north and south. The rhyolite is intensely sericite altered, hosts pyrite stringer zones, and locally hosts anomalous copper and silver values.\" [Note: Mineralization as described on Pretium Resources neighbouring property is not necessarily indicative of any mineralization hosted on the Company's Treaty East property.]\n\n\n \nTeuton has not undertaken exploration on the property to date but is pleased that recent regional exploration developments have demonstrated VMS potential in rocks located east of the prolific Sulphurets Hydrothermal System, home to many large-scale gold-silver deposits such as the KSM, Iron Cap, Snowfield and Goldstorm, among others. The Company plans prospecting and geochemical sampling over the Treaty East property in 2020. Drone ...