Mr. Dino Cremonese reports

TEUTON OUTLINES PLANS FOR 2025 REGARDING THE RAM, CLONE, HARRY, FIJI, TONGA AND KONKIN SILVER PROPERTIES; PLANS FOR ARGENTINA; UPDATE RE SPIN-OUT OF LUXOR METALS LTD.

Teuton Resources Corp. has made the following plans for 2025 on several of its properties in the Stewart region of northwestern British Columbia, commonly known as the Golden Triangle.

Ram property

The Ram property is situated east of Stewart, B.C., adjoining the southwestern portion of Ascot Resources' Red Mountain property. The Ram property is jointly owned by Teuton and Silver Grail Resources Ltd. (50-per-cent/50-per-cent ownership). A five-year permit was applied for in 2024 and is now in the final stages of the approval process, pending payment of a reclamation bond. Exploration in 2024 in the northern portion of the property was carried out on the Malachite porphyry zone and the Mitch zone. The Malachite porphyry is a 400-metre-long outcrop of porphyritic rock (open to extension) mineralized in places with chalcopyrite, pyrite, magnetite and, in one locality, molybdenite. About 500 metres to the west, the Mitch zone features an area of abundant pyrite stringers, and, in one locality, massive chalcopyrite stringers hosted in siltstones.

Plans for 2025 include increased sampling and mapping and potentially geophysical surveys. The company is currently asking for bids from geophysical companies on a prospective IP (induced polarization) survey over the northern portion of the Ram property. Targets defined by such a program could lead to a drilling campaign in the same year.

Clone property

Over the past two years, small-scale prospecting over the Clone property has outlined an area that is possibly the upper portion of a porphyry copper-gold system. Further sampling and mapping are planned for 2025. Outlying areas will also be investigated along the trace of Kyba's red line, the contact between Jurassic- and Triassic-age rocks. The Clone property is located southeast of Stewart, B.C., and is a large property hosting a number of mineralized occurrences. Chief among these are the H and S series of gold-bearing and gold-cobalt-bearing shears, which saw intense exploration in the 1990s. The Clone property is jointly owned by Teuton and Silver Grail.

Harry property

The Harry property is located along the Granduc mining road just above the Salmon glacier, approximately 30 kilometres north of Stewart, B.C. Work to date has defined a number of gold-bearing occurrences, including the following intercepts located in a hole drilled by Blackwolf Copper and Gold in 2023 when Blackwolf held the property under option from Teuton (since relinquished): 312 grams per tonne gold and 101 grams per tonne silver over 1.0 metre, and 291 grams per tonne of gold with 118 grams per tonne silver over 1.0 metre (see news release dated Oct. 31, 2023, on file on SEDAR+ for detailed information).

Further sampling is planned for Harry in 2025, particularly in the many areas not previously explored because of heavy talus cover.

Fiji and Tonga properties

Both of these properties lie between Dolly Varden Resources' Homestake property and Goliath Resources' Surebet property. This area has become a very active exploration centre in the past two years owing to continuing, positive discoveries made by both Dolly Varden and Homestake. The Fiji and Tonga properties are owned jointly by Teuton and Silver Grail Resources.

Work done to date on the Fiji and Tonga properties has disclosed several zones worthy of follow-up exploration. Teuton and Silver Grail have recently updated executive summaries on the properties with new information for the benefit of prospective optionees.

Konkin silver property

Several zones carrying high-grade silver values have been previously discovered by Teuton and Silver Grail personnel on the Konkin silver property. The original discovery, Konkin, occurs in a horseshoe-shaped baritic structure sitting above the Little Willoughby glacier. Recession of the glacier below the showing has exposed what appears to be an extensive network of barite veins in steep terrain. Plans for 2025 call for this area to be investigated by mountaineering geologists.

Argentina

Personnel from Teuton Resources visited Argentina in March, 2025, for three weeks. Several regions were investigated for potential mineral property acquisitions, particularly San Juan and Mendoza provinces. The company is continuing efforts in this regard.

Qualified person

The qualified person for Teuton Resources is Dino Cremonese, PEng (who as president is not independent of the company).

Update regarding spinout of Luxor Metals Ltd.

The company obtained an order from the Supreme Court of British Columbia on May 9, 2025, confirming that, with respect to its plan of arrangement with Luxor Metals, the company shall distribute the Luxor shares to Teuton shareholders of record on Feb. 14, 2025, as was disclosed in the company's news release dated Jan. 23, 2025. Any inquiries regarding the plan of arrangement should be directed to the company's counsel, Melody Yiu, at 236-266-6328 or myiu@connectlaw.ca.

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, have provided Teuton with substantial income.

We seek Safe Harbor.