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TUO Teuton Resources Corp

1.26
-0.02 (-1.56%)
17 Jun 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type
Teuton Resources Corp TSXV:TUO TSX Venture Common Stock
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  -0.02 -1.56% 1.26 1.24 1.26 1.28 1.25 1.25 13,100 20:59:59

Teuton Resources Corp.: High Property Drill Results

08/11/2013 10:38pm

Marketwired Canada


Teuton Resources Corp. ("Teuton") (TSX VENTURE:TUO)(FRANKFURT:TFE)(OTCBB:TEUTF)
announces receipt of drilling results for the 2013 program on its High property,
located 60km north of Stewart, in the Golden Triangle region of northwestern
British Columbia. 


Five, shallow holes were drilled during the summer program testing the upper
portion of a hypabyssal porphyry. Drilling of this porphyry in 2012 had
intersected 222m grading 0.88 g/t gold beginning 300m down dip (the King Tut
zone). 


One minor gold-bearing interval was recorded in the first three holes of the
2013 program. This was in Hole 2013-2, from 36.15 to 36.85m, which graded 4.12
g/t gold over 0.7m. Holes #2013-4 and #2013-5, both of which were collared to
test a new zone discovered by sampling north of the area of drilling, were
terminated short of target depth due to technical difficulties.


All assays were performed by Pioneer Laboratories of Richmond, BC, an accredited
facility. The QA/QC protocol system employed during the 2013 exploration program
included procedures for monitoring the chain-of-custody of samples and the
insertion of blanks and reference standard samples in every batch of samples.
The Qualified Person for the purposes of this news release is D. Cremonese,
P.Eng. Mr. Cremonese, P.Eng., is the President of Teuton Resources Corp. and is
not independent of the Company. 


Respectfully:

Dino Cremonese, P.Eng., President, Teuton Resources Corp. 

If you would like to be added to Teuton's news distribution list, please send
your email address to gary.teuton@shawlink.ca.


This news release includes certain forward-looking statements concerning the
future performance of our business, its operations and its financial performance
and condition, as well as management's objectives, strategies, beliefs and
intentions. Forward-looking statements are frequently identified by such words
as "may", "will", "plan", "expect", "anticipate", "estimate", "intend" and
similar words referring to future events and results. Forward-looking statements
are based on the current opinions and expectations of management. All
forward-looking information is inherently uncertain and subject to a variety of
assumptions, risks and uncertainties, including the speculative nature of
mineral exploration and development, fluctuating commodity prices, competitive
risks and the availability of financing, as described in more detail in our
recent securities filings available at www.sedar.com. Actual events or results
may differ materially from those projected in the forward looking-statements and
we caution against placing undue reliance thereon. Teuton Resources Corp. does
have an ongoing obligation to disclose material information, as it becomes
available.


The TSX Venture Exchange has neither approved nor disapproved the information
contained herein. 


FOR FURTHER INFORMATION PLEASE CONTACT: 
Teuton Resources Corp.
(604) 682-3680 or Toll Free: 1-800-879-2333
(604) 682-3992 (FAX)
www.teuton.com

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