Business
Teuton's Joint Venture Partner Tudor Gold Reports Initial Mineral Resource Estimate at Treaty Creek : 19.4 Million Ounces of 0.74 Gpt AuEq of Measured and Indicated Mineral Resources and 7.9 Million Ounces of 0.79 Gpt AuEq of Inferred Mineral Resources
(TheNewswire) March 9, 2021 – TheNewswire - Vancouver, Canada –...
About this update from Teuton Resources Corp.
[{"type":"text","content":"Teuton's Joint Venture Partner Tudor Gold Reports Initial Mineral Resource Estimate at Treaty Creek : 19.4 Million Ounces of 0.74 Gpt AuEq of Measured and Indicated Mineral Resources and 7.9 Million Ounces of 0.79 Gpt AuEq of Inferred Mineral Resources\n \n \n (TheNewswire)\n \n \n \n March 9, 2021 – TheNewswire -\n \n \n Vancouver, Canada ––\nTeuton Resources Corp.  (“Teuton” or “the Company”)\n(TSXV:\n \n \n TUO\n \n \n )\n \n \n (OTC:TEUTF)\n \n \n (Frankfurt-TFE)\n \n \n has received a report from its joint venture\npartner Tudor Gold containing\n \n \n the Initial\nMineral  Resource Estimate for the Goldstorm and Copper Belle Zones\nat their flagship property, Treaty Creek. The Property is located\nwithin the heart of the Golden Triangle of Northwestern British\nColumbia which is on-trend from Seabridge’s KSM Project located five\nkilometres southwest of the Goldstorm Zone. A total of 218 drill holes\ntotaling 105,658.8 metres were used in the Mineral Resource Estimate\ncompleted by P&E Mining Consultants Inc. (P&E)\n \n \n . The constraining open-pit shell contains 14.15 million\nounces of Measured and Indicated gold equivalent ounces (“AuEq”)\nat an average grade of 0.72 gpt AuEq and 5.26 million Measured and\nIndicated AuEq ounces at an average grade of 0.80 gpt AuEq for the\nout-of-pit Mineral Resources. Cut-off grades of 0.30 gpt AuEq were\nused inside the constraining open-pit shell and a higher cut-off grade\nof 0.46 gpt AuEq was used for the out-of-pit Mineral Resource Estimate\nwhich includes underground constrained blocks. The Goldstorm Zone\nremains open in all directions and at depth. The effective date of the\nMineral Resource Estimate is March 1, 2021. A Technical Report\nprepared in accordance with National Instrument 43-101, Standards of\nDisclosure for Mineral Projects, will follow within 45 days of this\nnews release and this will be posted on SEDAR and the Company`s\nwebsite.\n \n \n \n \n Tudor Gold’s Vice President of\nExploration and Project Development, Ken Konkin, P.Geo.,\nstates:\n \n \n “We are very pleased with the results\nobtained from our Initial Mineral Resource Estimate. Only 10-12 % of\nthe gold equivalent values are attributed to silver and copper\nmineralization indicating a strong gold-do...