Mr. Dino Cremonese reports

FIVE YEAR EXPLORATION PERMIT RECEIVED TO ADVANCE THE TREATY CREEK PROJECT

Teuton Resources Corp. joint venture partner Tudor Gold Corp. has announced that it has received exploration permits from the British Columbia Ministry of Mining and Critical Minerals for its flagship Treaty Creek property, located in the heart of the Golden Triangle of northwestern British Columbia.

The exploration permit for the Treaty Creek project is valid through May 31, 2030, authorizing Tudor Gold to continue advancing mineral exploration activities. Coming exploration work will focus on the recently discovered high-grade Supercell-One (SC-1) gold complex (see Tudor Gold press releases dated Feb. 1, Aug. 13 and Sept. 10, 2024) with a drilling program aimed at further delineating and expanding known high-grade structures. In addition to exploration drilling, Tudor Gold is planning geotechnical drilling to support infrastructure planning related to its proposed exploration ramp. Tudor Gold is currently in the process of applying for the necessary permits to advance this underground development. Once constructed, the ramp will provide cost-effective, year-round underground access to the SC-1 complex area, enabling continued high-impact exploration and may also serve as critical infrastructure supporting the future development of the broader Goldstorm deposit.

Ken Konkin, president and chief executive officer of Tudor Gold, commented: "We thank the Regional Mines Office in Smithers for renewing our notice of work permit for another five years. We are excited to advance the Treaty Creek project by focusing on the high-grade SC-1 complex by advancing our plans to submit more applications that will transition the Treaty Creek project from a greenfields project to a brownfields project. Our immediate goal is to obtain permits allowing Tudor to fast-track the exploration and expansion of the SC-1 complex from underground. Our proposed exploration ramp is expected to significantly reduce both the cost and time required to drill and define emerging high-grade gold targets by enabling the use of underground drill stations -- delivering far greater efficiency than conventional surface drilling. Once completed, the underground infrastructure could provide long-term strategic value, supporting future exploration and potential mining operations within the SC-1 complex and the other Goldstorm domains, in particular the adjacent CS-600 domain.

"As highlighted in previous press releases, the 2024 drill results from SC-1 zone have confirmed the continuity and high-grade nature of gold mineralization in a setting that is structurally and geologically analogous to Newmont's Brucejack gold deposit, located just south of Treaty Creek. With the underground drift in place, we plan to launch a focused drilling program of up to 25,000 metres to expand and further define the SC-1 and surrounding targets. Importantly, none of the SC-1 drill results are included in the February, 2024, mineral resource estimate of 27.9 million ounces of gold equivalent at an average grade of 1.19 grams per tonne -- underscoring the considerable upside potential of this high-grade system. The entire Goldstorm deposit remains open in all directions and at depth. We are very excited with the opportunity to rapidly expand and advance our exploration efforts at the Treaty Creek project.

"We look forward to sharing a more detailed exploration program for the 2025 season in the near future."

Dino Cremonese, PEng, president of Teuton, said: "This is very welcome news. I look forward to the start of the 2025 exploration season at Treaty Creek."

About Treaty Creek

Teuton was the original staker of the Treaty Creek property, host to the large Goldstorm deposit, assembling the core land position in 1984 to 1985. It presently holds a 20-per-cent carried interest in the Treaty Creek project (Tudor Gold is responsible for paying all exploration costs up until such time as a production decision is made and owns a 60-per-cent interest; American Creek Resources owns the remaining 20-per-cent interest, also carried). Additionally, Teuton owns a 0.98-per-cent net smelter royalty in the Goldstorm deposit area as well as in the northern portion of the Perfectstorm zone; within the southern portion of the Perfectstorm zone, Teuton owns a 0.49-per-cent net smelter return royalty, with an option to increase that to 1.49 per cent by paying $1-million to the current owner. It also owns numerous additional royalty interests within the Sulphurets hydrothermal system on formerly 100-per-cent-owned properties such as the King Tut, Tuck, High North, Orion, Delta and Fairweather properties (King Tut and Tuck are now owned by Newmont Mining; the High North, Orion, Delta and Fairweather properties are now owned by Goldstorm Metals).

The Treaty Creek project not only contains the Goldstorm deposit (a large gold-copper porphyry system), it also hosts several other prospective zones of mineralization lying along a north-northeast-trending axis centred around the Sulphurets thrust fault. This thrust fault is spatially related to all of the porphyry deposits on the neighbouring KSM property (owned by Seabridge Gold) as well as the Treaty Creek property. These other zones at Treaty Creek include Perfect Storm, Calm Before the Storm and Eureka.

About Teuton Resources Corp.

Teuton owns interests in more than 23 properties in the prolific Golden Triangle area of northwestern British Columbia and was one of the first companies to adopt what has since become known as the prospect generator model. This model minimizes share equity dilution while at the same time maximizing opportunity. Earnings provided from option payments received, both in cash and in shares of the optionee companies over the past eight years, has provided Teuton with substantial income.

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