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Teuton Resources Announces that Joint Partner Tudor Gold has Initiated Permitting for Construction of Underground Exploration Infrastructure to Expand and Complete Drilling of the Supercell One Zone at Treaty Creek, Golden Triangle of British Columbia
(TheNewswire) Victoria, British Columbia, Canada – TheNewswire - January 14,...
About this update from Teuton Resources Corp.
[{"type":"text","content":"Teuton Resources Announces that Joint Partner Tudor Gold has Initiated Permitting for Construction of Underground Exploration Infrastructure to Expand and Complete Drilling of the Supercell One Zone at Treaty Creek, Golden Triangle of British Columbia\n\n\n (TheNewswire)\n \n\n\n\n\n\n\n\n\n Victoria, British Columbia, Canada\n–\n \n\n TheNewswire -\n \n\n January 14, 2025.\n \n\n Teuton Resources Corp.  (“Teuton” or\n“the Company”) (“TUO”-TSX-V) (\"TFE\"-\nFrankfurt)\n \n\n is pleased to report that Joint\nVenture (“JV”) partner Tudor Gold (\"Tudor\") has\nannounced\n \n\n that it has initiated the permitting\nprocess for the construction of approximately 3,000 meters of\nunderground development to provide an exploration ramp for targeting\nthe Supercell Cell One Zone (\n \n\n SC-1\n \n\n ) with infill and expansion drilling, at\nthe JV’s Treaty Creek Project, located in the heart of the Golden\nTriangle of Northwestern British Columbia [see January 13, 2025 News\nRelease by Tudor Gold].   Teuton Resources holds a 20% carried\ninterest in the JV (carried until a production notice is given) as\nwell as a 0.98% NSR in the Goldstorm deposit.\n \n\n\n\n Ken Konkin P.Geo, President & CEO of Tudor Gold\ncommented\n \n\n ,\n \n\n “We are excited to move\nforward with plans to explore the high-grade underground Supercell One\ntargets at the Treaty Creek Property through the construction of an\nunderground exploration drift. This initiative is expected to\nsubstantially reduce both the cost and time required to drill and\ndefine the Supercell One Zone by utilizing underground drilling\nstations compared to conventional surface drilling. In addition to\nassisting the exploration goals, once completed, management believes\nthat the underground infrastructure should provide long-term benefits\nto the project, potentially serving as a Fresh Air Raise or Return Air\nRaise to support future production mining of the high-grade Supercell\nOne Zone and/or the CS600 Zone.\n \n\n Additionally, the underground development will be important in the\nselection of optimum material required for a 10,000-tonne test for a\npilot process, which would be required for a Feasibility Study. The\nadvantages of driving an exploration development ramp are significant\nand t...