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Teuton Resources: Pearson Property Copper Assays; Treaty Creek Property Gold Assays
VANCOUVER, British Columbia, Sept. 18, 2017 (GLOBE NEWSWIRE) -- Teuton Resources Corp. (“Teuton” or “the Company”) (TSX-V:TUO) (Frankfurt:TFE1) is pleased to an
About this update from Teuton Resources Corp.
[{"type":"text","content":"VANCOUVER, British Columbia, Sept. 18, 2017 (GLOBE NEWSWIRE) -- Teuton Resources Corp. (“Teuton” or “the Company”) (TSX-V:TUO) (Frankfurt:TFE1) is pleased to announce that partial assay results for sampling conducted in 2017 on its 100% owned Pearson property have been received. The Pearson property is situated 20km south-southwest of Seabridge Gold’s prolific KSM property (host to the world’s largest reserves of copper and gold) in the Golden Triangle region of northwestern British Columbia. Prospecting began in early August and concentrated on two areas. The first was an area where extensive green copper stains were apparent in cliff faces, close to a large geophysical anomaly discovered in 2010 during an airborne survey. Malachite and magnetite bearing samples taken from float found directly below the cliff faces averaged 1.63% copper and >15% iron. The character of the rock and the grades suggest that Granduc-type Besshi mineralization occurs in the cliff faces (petrographic studies will be undertaken to definitively ascertain whether these samples come from a Besshi occurrence). The formerly producing Granduc copper mine, British Columbia’s second largest Besshi occurrence after Windy Craggy, is located 3km southwest of the Pearson property. Various grab samples taken from other structures identified on the Pearson claims, mostly either quartz veins or diorite, ranged from trace to 8.57% copper, trace to 0.07% cobalt, trace to 16.7% zinc, trace to 29.2% lead, trace to 451 g/t silver, and trace to 12.7 g/t gold. On the Pearson North property, Teuton personnel discovered a zone which contained multiple occurrences of malachite and azurite. Many vein samples were taken from carbonate altered areas found mostly within the malachite rich zone which ran trace to 7.06% copper, 0.2 to 321 g/t silver and 0.05 to 68.69 g/t gold (2.01 oz/ton gold). D. Cremonese, P.Eng., President of Teuton, commented as follows: “I am very pleased with the sampling results to date. As the next step, we are planning a high-resolution airborne geophysical survey to better define drill targets (upon receipt of positive petrographic studies). This survey will also be conducted over the promising North Pearson discovery.” Treaty Creek Property Drill Results Teuton is also pleas...