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Teuton Reports 1.91 g/t Gold Eq. Over 85.4 M in Step-out Hole GS-21-125 and Significantly Extends Gold-Copper Mineralization of the Goldstorm Deposit to the Northeast
(TheNewswire) January 12, 2022 - TheNewswire - Vancouver, Canada - Teuton Resourc...
About this update from Teuton Resources Corp.
[{"type":"text","content":"Teuton Reports 1.91 g/t Gold Eq. Over 85.4 M in Step-out Hole GS-21-125 and Significantly Extends Gold-Copper Mineralization of the Goldstorm Deposit to the Northeast\n \n \n (TheNewswire)\n \n \n \n January 12, 2022 - TheNewswire -\n \n \n Vancouver, Canada - Teuton\nResources Corp.  (“Teuton” or “the Company”) (\n \n \n TSXV:\n \n \n TUO)\n \n \n (OTC:\n \n \n TEUTF)\n \n \n (\n \n \n Frankfurt:\n \n \n TFE)\n \n \n has received from its joint venture partner, Tudor Gold\nCorp.,\n \n \n the final drill results from the 30,108\nmeter, 2021 resource expansion and definition drilling program on the\nGoldstorm Deposit and Calm Before the Storm Zone (CBS), as well as\nsurface sampling results from the Eureka Zone, at its flagship\nproperty, Treaty Creek (the\n \n \n “Project”\n \n \n ), located within the Golden\nTriangle of Northwest British Columbia.\n \n \n \n \n Included in this press release are the results of three\ndiamond drill holes that were completed at the Goldstorm Deposit along\nsections 113+00 NE and 118+00 NE, 500 metres apart, as well as the\nthird exploration diamond drill hole at the recently discovered Calm\nBefore the Storm Zone. Results of a continuous surface channel sample\nline completed at the Eureka Zone are also included.\n \n \n \n \n The Copper Belle-Goldstorm Deposit (CB-GS) is situated\nonly five kilometers northeast and on trend from Seabridge Gold’s\nKSM deposits, which comprise one of the largest undeveloped gold and\ncopper projects in the world. The CB-GS Deposit currently hosts a\n \n \n \n \n 1\n \n \n \n \n *NI 43-101 compliant\nMeasured and Indicated Mineral Resource of 19.4 million ounces of AuEq\ngrading 0.74 g/t AuEq and an Inferred Resource of 7.9 million ounces\nof AuEq grading 0.79 g/t AuEq (see Teuton Resources press release\ndated March 9, 2021).\n \n \n \n \n Drilling and Surface Sampling\nHighlights include:\n \n \n \n \n GOLDSTORM\n \n \n \n \n \n \n GS-21-125\n \n \n intercepted the DS5 domain, which averaged\n \n \n 0.82 g/t AuEq over 258.0 m\n \n \n , including\n \n \n 1.91 g/t\nAuEq over 85.4 m\n \n \n . The hole ended in gold-copper\nmineralization as unstable ground conditions prevented the completion\nof the hole.\n \n \n \n \n \n \n GS-21-127,\n \n \n the\nfarthest northeast step-out hole completed to date (approximatel...