Announcement Date: 2021-11-16
Announcement Type: Drilling Results
Announcement Code: NI43-101
Company name: Teuton Resources Corp.
Project name: Del Norte
Location: Canada
Commodities: Gold,Silver
Highlight: Drilling results incl. 9.91m @ 4.28g/t Au, 1091.6g/t Ag from 222.6m
Resources: only available to subscribers
CP/QP: only available to subscribers
Announcement summary: Vancouver, Canada –– Teuton Resources Corp. (“Teuton” or “the Company”) (“TUO”-TSX-V) (“TFE”- Frankfurt) announces that its optionee, Decade Resources (“Decade”), has reported assays from the first 10 of 16 holes drilled in 2021 on the Del Norte property, located 34 km east of Stewart in BC’s “Golden Triangle”. The object of the program was to test a stratigraphic horizon–the contact between felsic volcanic rocks of the Hazelton Group and sedimentary rocks of the Salmon River Formation, two rock units which also host the Eskay Creek mine 60km north of Stewart. Mineralization is located within a pyrite-rich, graphitic black mudstone horizon within black matrix lapilli tuffs with sub-intervals of dacite lapilli tuffs. Fracturing and faulting within this unit has resulted in the deposition of quartz and sulphides. The faulting has resulted in black graphitic gouge, crushed sulphides and quartz fragments. Mineralization includes pyrite, sphalerite, galena and tetrahedrite along with visible gold and silver. Holes from #9 to #16 carried the best visual concentrations of native gold, native silver and acanthite (as reported in releases dated Aug. 18, Aug. 26 and Sept. 21, 2021).
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