Mr. Dino Cremonese reports
TEUTON ANNOUNCES COMMENCEMENT OF 2025 DRILLING PROGRAM AT TREATY CREEK
Teuton Resources Corp. joint venture partner Tudor Gold Corp. has announced commencement of
the 2025 exploration drill program at the Treaty Creek project, located in the Golden Triangle of northwestern British Columbia. Teuton owns a 20-per-cent carried interest (carried until a production decision is made) in the Treaty Creek JV as well as a 0.98-per-cent net smelter royalty in the Goldstorm deposit with no buyback terms.
Tudor, in a June 19, 2025, news release reported as follows.
2025 exploration program
Phase 1 drilling of the 2025 exploration program has commenced and is expected to consist of seven holes totalling approximately 6,000 metres of diamond drilling at the Goldstorm deposit. The primary objective of the phase 1 drill program is to expand the recently discovered high-grade gold Supercell-One system (SC-1), which was delineated over an 800-metre-by-400-metre area during 2024. SC-1 is a gold-dominant, quartz-sulphide, breccia-hosted structural corridor open to the northwest, north and east. There is excellent potential to discover further high-grade SC-1-style gold-bearing structures proximal to the Goldstorm deposit within a 600-metre-by-400-metre area extending from SC-1 to previously identified high-grade intercepts within the 300H and 300N domains of the Goldstorm deposit.
Drill results from SC-1 in 2022 to 2024 include the following high-grade gold intercepts:
- GS-23-176-W1: 15.00 metres at 15.64 grams per tonne gold equivalent (14.89 grams per tonne gold, 4.72 grams per tonne silver and 0.60 per cent copper);
- GS-22-134: 25.50 metres at 9.96 grams per tonne gold equivalent (9.66 grams per tonne gold, 1.23 grams per tonne silver and 0.24 per cent copper):
- Including 4.50 metres at 20.86 grams per tonne gold equivalent (20.61 grams per tonne gold, 1.50 grams per tonne silver and 0.20 per cent copper);
- GS-23-179: 12.00 metres at 10.07 grams per tonne gold equivalent (9.78 grams per tonne gold, 1.35 grams per tonne silver and 0.23 per cent copper);
- GS-24-185: 13.50 metres at 9.60 grams per tonne gold equivalent (9.58 grams per tonne gold, 0.44 gram per tonne silver and 0.01 per cent copper).
Drill results from the 300H and 300N domains in 2021 and 2023 include the following high-grade gold intercepts:
- GS-21-113-W1: 13.50 metres at 8.96 grams per tonne gold equivalent (8.77 grams per tonne gold, 15.10 grams per tonne silver and 0.01 per cent copper);
- GS-21-113: 24.00 metres at 6.06 grams per tonne gold equivalent (5.81 grams per tonne gold, 20.30 grams per tonne silver and 0.01 per cent copper);
- GS-23-178-W1: 12.00 metres at 6.03 grams per tonne gold equivalent (5.90 grams per tonne gold, 12.31 grams per tonne silver and 0.01 per cent copper).
Phase 2 of the 2025 exploration program will consist of 1,600 metres of additional exploration drilling contingent on the success of phase 1 drilling.
Underground permitting
The application to permit an underground exploration drill program focused on the high-grade SC-1 is expected to be finalized in the coming weeks. Phase 3 of the 2025 exploration program will consist of two oriented-core geotechnical diamond drill holes, totalling approximately 500 metres, targeting the portal and ramp entrance area for the underground development. These holes are planned to be drilled at the end of the 2025 exploration program.
Ken Konkin, senior vice-president of exploration for Tudor Gold, commented: "We are focused on increasing the high-grade gold potential of SC-1 with this year's drill program. The planned holes are designed to expand upon the successful intercepts from our recent drill campaigns. The targets are structurally controlled, late-stage, gold-rich breccia systems that complement the four known SC-1 structures: SC-1 A, B, C and D. We look forward to a successful 2025 exploration program in the following months as we begin our quest to develop a multimillion-ounce high-grade gold system peripheral to the gold-copper Goldstorm deposit."
Quality assurance and control
Ken Konkin, PGeo, senior vice-president of exploration for Tudor Gold, is the qualified person, as defined by National Instrument 43-101, responsible for exploration at the Treaty Creek project. Mr. Konkin has reviewed, verified and approved the scientific and technical information in the Tudor June 19, 2025, news release. Technical information as presented in this news release by Teuton Resources is consistent with that published in the Tudor Gold release of June 19, 2025. Dino Cremonese, PEng, is the qualified person for Teuton Resources; as president and chief executive officer of Teuton, he is not independent of the company. Mr. Cremonese has not verified the technical information in the Tudor Gold release of June 19, 2025.
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 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 now owned by Newmont Mining; High North, Orion, Delta and Fairweather properties 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 following the trace of 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.
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 nine years, have provided Teuton with substantial income
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