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Teuton Resources -- Joint Venture Partner and Optionee Updates: Harry Property, Del Norte Property and Treaty Creek Project, Golden Triangle, British Columbia
(TheNewswire) May 2, 2024 – TheNewswire - Vancouver, Canada –– Teu...
About this update from Teuton Resources Corp.
[{"type":"text","content":"Teuton Resources -- Joint Venture Partner and Optionee Updates: Harry Property, Del Norte Property and Treaty Creek Project, Golden Triangle, British Columbia\n \n \n (TheNewswire)\n \n \n \n \n \n \n \n \n \n May 2, 2024 – TheNewswire -\n \n \n Vancouver, Canada ––\nTeuton Resources Corp.  (“Teuton” or “the Company”)\n(TSXV:TUO) (Frankfurt:TFE)\n \n \n has served a\ntermination notice on Blackwolf Copper and Gold (‘Blackwolf”) in\nregard to the option agreement between Blackwolf’s subsidiary\n(Optimum Ventures) and Teuton on the Harry property located north of\nStewart, BC.   The notice was served because of a failure to meet\ncertain material obligations of the agreement.\n \n \n \n \n Teuton’s Del Norte property, located east of Stewart,\nBC, is currently under option to Decade Resources (“Decade”).\n Decade on April 16, 2024 announced results of a sampling program\nconducted over steep terrain located at the crest of the ridge\nseparating Del Norte and Nelson Creeks.  The area is described as\nbeing underlain by an oxidized, porphyritic diorite intrusive,\naccompanied by an extensive quartz-sericite-pyrite alteration halo.\n Twenty-nine grab samples taken during the program returned values\nfrom trace to 30.9 g/t gold.  The results are to be followed up in\n2024.\n \n \n \n \n Photo of the sericite alteration\nzone, below\n \n \n \n \n \n \n \n \n \n More details on the program are available in Decade’s\nnews release dated April 16, 2024 on file with Sedar+.\n \n \n \n \n Treaty Creek Property:\n \n \n \n \n Teuton is pleased to announce that project operator and\nJoint Venture (“JV”) partner Tudor Gold (\"Tudor\") has\nfiled a technical report (the \"Report\") concerning an\nupdated Mineral Resource Estimate on the Goldstorm Deposit (the\n\"MRE\" or \"2024 Treaty Creek MRE\") at the JV’s\nflagship Treaty Creek Project (the \"Project\") located in the\nGolden Triangle region of British Columbia. The Report is entitled\n\"NI 43-101 Technical Report, Treaty Creek Project, British\nColumbia\", with an effective date of April 5, 2024 and was\nprepared for Tudor Gold by Garth Kirkham Geosystems and\n \n \n JDS Energy & Mining Inc. (\"JDS\"). The Report is\navailable under the Tud...