Business
Teuton Reports a Significant New Gold-Silver-Copper Mineralized System at the Perfectstorm (PSZ) at Treaty Creek as well as Expands the Goldstorm Mineralization Along the Northeast Axis to 1100 Meters
(via TheNewswire) DRILL HOLE GS-20-73 EXPANDS THE 300 HORIZON WITH A 229.5 METER INTERCEP...
About this update from Teuton Resources Corp.
[{"type":"text","content":"Teuton Reports a Significant New Gold-Silver-Copper Mineralized System at the Perfectstorm (PSZ) at Treaty Creek as well as Expands the Goldstorm Mineralization Along the Northeast Axis to 1100 Meters(via TheNewswire)\n \n \n DRILL HOLE GS-20-73 EXPANDS THE 300 HORIZON WITH A 229.5 METER INTERCEPT AVERAGING 1.506 gpt AuEq WITHIN A 775.5 METER INTERVAL AVERAGING 0.932 gpt AuEq. DRILL HOLE GS-20-66 EXPANDS THE CS-600 SYSTEM 100 METRES TO THE SOUTHEAST WITH A 75 METER INTERCEPT AVERAGING 2.150 gpt AuEq. \n\n\n \nSept. 10, 2020 - TheNewswire - Vancouver, Canada -- Teuton Resources Corp. (\"Teuton\" or \"the Company\") (TSXV:TUO) (OTC:TEUTF) (Frankfurt-TFE) has received a report from its joint venture partner Tudor Gold containing results from the third set of holes drilled in 2020 at the Treaty Creek property, located in the Golden Triangle of northwest British Columbia. Tudor Gold says that drilling is progressing very well with six diamond drill rigs currently working on the Goldstorm Zone which is on-trend from Seabridges' KSM Project to the southwest. \n\n\n \nThree drill holes have intersected the newly discovered gold-dominant PSZ System located approximately 2 kilometers southwest of the Goldstorm Zone. These diamond drill holes targeted a 1.5 kilometer-wide geophysical anomaly (magnetometer high). Tudor Gold has discovered this new thrust-hosted porphyry-style gold-copper-silver bearing system on trend, and approximately 4 km northeast from Seabridges' Iron Cap Deposit, which is located at the southwestern boundary of the Tudor Claim block. \n\n\n \nFurthermore, diamond drilling on the Goldstorm System has successfully expanded the mineralization to the northeast, southwest and southeast as well to depth. The Goldstorm System 300 Horizon has now been traced for 1100 meters along the northeast axis.\n\n\n \nGoldstorm Drilling Highlights include:\n\n\n \n\n\n- Five diamond drill holes are reported from Goldstorm, all having hit their intended targets with favorable results listed in Table l. \n\n\n\n- The best intercept was from drill hole GS-20-73 on Section 110+00 NE that cut 775.5 metres (29.0m to 804.5 m) averaging 0.932 gpt AuEq containing an enriched portion that averaged 1.506 gpt AuEq over 229.5 meters ( 519.5m to 749.0 m). This was a southwest offset to drill hole GS-20-57 that averaged 1.40 gpt AuEq over 217.5 meters...