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Teuton Resources Reports on JV Partner Tudor Gold's 2018 Exploration Plans for Treaty Creek Property, Golden Triangle
(via TheNewswire) March 13, 2018 / TheNewswire / Teuton Resources Corp. ("Teuton" or "...
About this update from Teuton Resources Corp.
[{"type":"text","content":"Teuton Resources Reports on JV Partner Tudor Gold's 2018 Exploration Plans for Treaty Creek Property, Golden Triangle(via TheNewswire)\n\n \nMarch 13, 2018 / TheNewswire / Teuton Resources Corp. (\"Teuton\" or \"the Company\") (\"TUO\"-TSX-V) (\"TUC\"-Frankfurt) is pleased to report that JV partner Tudor Gold has identified several targets for exploration in 2018 on the Treaty Creek property, situated northeast of the KSM property of Seabridge Gold in the Golden Triangle region of northwestern British Columbia. Teuton holds a 20% carried interest in the property (carried until a production decision is made), as well as various NSR interests. Tudor Gold is the Operator.\n\n \n \nDrilling in 2017 at Treaty Creek has defined a 1,000m long area, open at both ends and to depth, carrying gold values in bulk tonnage style, porphyry zones of mineralization. The best hole to date returned 149.1m grading 1.78 g/t gold (see News Release dated January 16, 2018). Tudor is currently carrying out a resource calculation scheduled for release later in 2018.\n\n \n \nThe zone, called the Copper Belle, is located northeast of a string of four sizeable deposits on Seabridge Gold's KSM property, collectively holding the greatest undeveloped reserves of gold on the planet. All four of Seabridge Gold's deposits as well as the Copper Belle mineralization lie within the extensive Sulphurets hydrothermal system, considered to be one of the seven largest in the world (see URL for map at the end of the release: Sulphurets Hydrothermal System and KSM-Treaty Creek Long Section). The prominent Sulphurets Thrust Fault, spatially related to all of the Seabridge Gold deposits, passes northeastward from the KSM property into the Treaty Creek property. \n\n \n \n2018 Exploration Targets\n\n \n \nThe principal exploration targets in 2018 are the northeast and southwest strike extensions of Copper Belle gold mineralization. In particular, efforts will be concentrated in the northeast sector of the Copper Belle where gold grades and widths appear to be improving, and gold intercepts are being intersected at surface or closer to surface. Magnetotelluric targets occurring to the southwest in the direction of the Seabridge Gold's Iron Cap deposit (which lies only 800m from the Treaty Creek boundary) will also be assessed for drilling.\n\n \n \nField geologists will also...