Mr. Dino Cremonese of Teuton reports

KING TUT, TUCK AND SILVER CROWN WEST PROPERTIES OPTIONED TO PRETIUM RESOURCES FOR $1.8 MILLION IN CASH PAYMENTS

Teuton Resources Corp. has optioned its King Tut, Tuck and Silver Crown West properties to Pretium Resources Inc. for $1.8-million in cash payable over four years. Teuton will retain a 2-per-cent NSR in the properties with no buyback.

The King Tut and Tuck properties adjoin due south of Pretium's Brucejack property where exploration work to date has established measured and indicated resources of 8.7 million ounces of gold (15.3 million tonnes grading 17.6 grams per tonne (g/t) gold) in the Valley of the Kings gold deposit. Pretium very recently received federal environmental approval for its Brucejack project and plans to put it in production in 2017.

Work done to date on the King Tut and Tuck properties suggests similar geology to that in evidence on Pretium's Brucejack property. A single hole drilled in 2012 on the King Tut intersected 222 metres running 0.88 gram per tonne (g/t) gold, very close to the same grade and length as the average of 21 holes drilled into Pretium Resources Bridge deposit situated two kilometres to the north. On Teuton's Tuck property located south of the King Tut, meltback of snow and ice in 2014 exposed a new altered zone of jarosite-stained quartz stockwork carrying anomalous values in gold, silver and arsenic. A number of anomalous gold intervals were obtained in drilling of several short holes in the southern part of this zone in 2014.

The Silver Crown West property, located farther south, features a pronounced electromagnetic anomaly which remains to be tested.

The $1.8-million is payable as follows: $100,000 upon signing; a further $150,000 on or before Aug. 15, 2015; a further $250,000 on or before Jan. 14, 2016; a further $250,000 on or before July 14, 2016; a further $250,000 on or before July 14, 2017; a further $400,000 on or before July 14, 2018; and, a further $400,000 on or before July 14, 2019.

D. Cremonese, PEng, president, commented as follows: "We are pleased to have optioned off three of our more than 30 properties in the Golden Triangle to a company of the calibre of Pretium Resources. The 2-per-cent NSR without a buyback ensures that we will retain a significant interest in any discoveries made on the optioned ground. Going the NSR route also has the advantage of saving on future dilution of equity."

The qualified person for the purposes of this news release is D. Cremonese, PEng, who, as president and chief executive officer, is not independent of the company.

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