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Treaty Creek Property, Golden Triangle, BC: Gold Equivalent Results for all Drill Holes at the Company's Flagship Treaty Creek Project; P&E Mining Consultants Inc. Provides Drill Hole Spacing Recommendation for the 2020 Drill Plan at the Treaty Creek Project
(via TheNewswire) March 4, 2020 - TheNewswire - Vancouver, Canada - Teuton Resourc...
About this update from Teuton Resources Corp.
[{"type":"text","content":"Treaty Creek Property, Golden Triangle, BC: Gold Equivalent Results for all Drill Holes at the Company's Flagship Treaty Creek Project; P&E Mining Consultants Inc. Provides Drill Hole Spacing Recommendation for the 2020 Drill Plan at the Treaty Creek Project(via TheNewswire)\n\n \nMarch 4, 2020 - TheNewswire - Vancouver, Canada - Teuton Resources Corp. (\"Teuton\" or \"the Company\") (TSXV:TUO) (FSE:TUC) has received a report from JV partner Tudor Gold concerning gold-equivalent (AuEq) calculations for all drilling completed at the Company's flagship Treaty Creek project. These calculations add to gold (Au) values credits for previously analyzed values for copper (Cu) and silver (Ag). Geological analysis and reinterpretation of all the drill holes to date exposed a new copper horizon (CS 600 horizon) as well as significant silver and copper mineralization throughout the Goldstorm system. \n\n\n \nThe Goldstorm Zone on the Treaty Creek property is located in the Golden Triangle region of BC, immediately north of and along regional strike from Seabridge Gold's KSM property and Pretium Resources' Brucejack-Snowfield property. \n\n\n \n\n\n- The strongest AuEq increase was seen in the newly discovered NE Extension within the 300 Horizon. The gold-only result of 1.27 gpt Au over a 252 metre (m) interval increased to 1.51 gpt AuEq (with 13.8 gpt Ag and 504 ppm Cu), an increase of 18.9%.\n\n\n\n- All drill holes within the Goldstorm Zone had significant increases to the composite results when the AuEq values for the copper and silver mineralization were included; however, when the drill holes intersected the CS-600 Horizon, the copper values within this mineralized body had the greatest impact to an individual horizon with up to 79.8% increase to the AuEq value from a gold-only 0.39 gpt Au over 150m to 0.70 gpt AuEq over the same 150m interval.\n\n\n\n- P&E Mining Consultants Inc. were retained to assess all Goldstorm drill hole results and historical data in order to render an opinion as to the consistency of the gold mineralization as well to ascertain the recommended drill hole spacing that would be required to potentially derive a Indicated Mineral Resource and a Measured Mineral Resource. P&E Mining Consultants Inc. concluded the following:\n\n\n\n- \"Three dimensional continuity analyses of the Treaty Creek drill hole ass...