TUO Teuton Resources Corp

Teuton Resources Corp. ("Teuton") (TSX VENTURE:TUO)(FRANKFURT:TFE)(OTCBB:TEUTF)
announces that its optionee, Frontline Gold Corporation, has discovered a
gold-bearing zone on the Company's Lord Nelson property, located south of
Highway 37 some 20 miles east of Stewart, British Columbia in the Golden
Triangle region of northwestern British Columbia.


One of the most promising zones discovered to date on the Lord Nelson property
is the LNX, the footwall rocks of which contain rhyolite stratigraphy. Stream
sediment, soil and rock samples were taken in 2012 from the vicinity of the LNX
zone outlining an auriferous geological environment with a strike length of over
500m and featuring a multi-element signature (Au-Ag-As-Sb +/- Cd, Cu, Pb, Zn).
The LNX zone is also associated with an AeroTEM airborne anomaly that has a
greater than 2km strike length on the Lord Nelson property and remains untested
by diamond drilling.


A 2013 follow-up drill program totaling 1 200m is recommended to test the LNX zone.

The newly discovered area lies to the north and along projected strike of the
extensive gold and silver-bearing LG vein system hosted by the Del Norte-Midas
property, owned by Teuton, Sabina Silver and Silver Grail Resources.


The 2012 program was carried out by Geofine Exploration Consultants Ltd. and was
supervised by David Molloy, P. Geo., who is Frontline's Qualified Person for the
purposes of National Instrument 43-101. Dino Cremonese, P.Eng., is Teuton's
Qualified Person. He has not independently verified the data provided by
Frontline Gold and its QP.


Frontline can earn a 100% interest in the Lord Nelson claims by paying $210,000
to Teuton over the five year term of the option. It must also perform $1,200,000
of exploration work over this period. Teuton retains a net smelter royalty of
2%, half of which can be purchased for $1,000,000. An advance royalty of $50,000
per year, indexed to inflation, is also payable to Teuton beginning in 2016.


Respectfully:

"Dino Cremonese, P.Eng"

President, Teuton Resources Corp.

If you would like to be added to Teuton's news distribution list, please send
your email address to gary.teuton@shawlink.ca.


This news release includes certain forward-looking statements concerning the
future performance of our business, its operations and its financial performance
and condition, as well as management's objectives, strategies, beliefs and
intentions. Forward-looking statements are frequently identified by such words
as "may", "will", "plan", "expect", "anticipate", "estimate", "intend" and
similar words referring to future events and results. Forward-looking statements
are based on the current opinions and expectations of management. All
forward-looking information is inherently uncertain and subject to a variety of
assumptions, risks and uncertainties, including the speculative nature of
mineral exploration and development, fluctuating commodity prices, competitive
risks and the availability of financing, as described in more detail in our
recent securities filings available at www.sedar.com. Actual events or results
may differ materially from those projected in the forward looking-statements and
we caution against placing undue reliance thereon. Teuton Resources Corp. does
have an ongoing obligation to disclose material information, as it becomes
available.


FOR FURTHER INFORMATION PLEASE CONTACT: 
Teuton Resources Corp.
Dino Cremonese, P.Eng
President
(604) 682-3680 or Toll Free: 1-800-879-2333
(604) 682-3992 (FAX)
www.teuton.com

Teuton Resources (TSXV:TUO)
Historical Stock Chart
From Oct 2024 to Nov 2024

Teuton Resources (TSXV:TUO)
Historical Stock Chart
From Nov 2023 to Nov 2024