VANCOUVER, BRITISH COLUMBIA--(Marketwired - April 9, 2013) - Teuton Resources Corp. ("Teuton") (TSX VENTURE:TUO) (FRANKFURT:TFE) (OTCBB:TEUTF) announces that its optionee, Rotation Minerals Ltd., has reported the final 17 holes from its 2012 drill program on the 4-J's property. The 4-J's property is located 40km north of Stewart and 16km south of Pretium's Brucejack property in the Golden Triangle region of northwestern British Columbia.
BC Department of Mines Open File 1994-14 includes the 4-J's prospect among a handful of regional occurrences considered to have potential for hosting Eskay Creek type mineralization. The world famous Eskay Creek mine in the Golden Triangle is a VMS deposit (Volcanogenic Massive Sulfide) that was enriched in precious metals. High antimony content is one of the key constituents of the peculiar metal signature at Eskay Creek and is also evident at the 4-J's.
Drilling in 2012 was located at the edge of a large snow field that obscured the trend of the zone. Close spaced drilling was conducted in order to obtain geological information for future drill programs.
Highlights of drilling include:
7.32m of 0.23 g/t Au, 43.0 g/t Ag, 1.67 % Pb and 8.38 % Zn in DDH-4J-2012-14.
3.05m of 0.305 g/t Au, 53.5 g/t Ag, 1.569 % Pb and 16.18 % Zn in DDH-4J-2012-18.
3.05m of 0.399 g/t Au, 295.0 g/t Ag, 1.407 % Pb and 5.415 % Zn in DDH-4J-2012-20.
3.05m of 0.65 g/t Au, 53.5 g/t Ag, 3.93 % Pb and 10.89 % Zn in DDH-4J-2012-24.
The drilling tested the east end of a NW trending zone of stratiform antimony-lead-zinc-silver-gold mineralization associated with strong graphite and quartz infusion. Where exposed, trenching in the past has shown massive mineralization consisting of bournonite (copper-lead-antimony sulphide), tetrahedrite (copper-antimony-sulphide), sphalerite (zinc sulphide) and galena (lead sulphide) over 6m of width and 30m of length that is poorly exposed in glacial till. This mineralization is underlain by a strong coincident NW trending EM anomaly at least 700m long indicated by several airborne EM surveys completed by previous operators on the property.
Float boulders carrying bournonite, sphalerite and galena associated with late stage east trending shears have been located along trend of the above EM anomaly for a distance of 300m before being covered by glacial ice. This would indicate the potential for extension of this type of mineralization for at least 300m to the west of the 2012 drilling. West of this mineralization and area of drilling, work by Noranda Exploration located argillite boulders containing native antimony assaying up to 2.84 % Sb. This work, which is documented in ARIS Report 14386, has not been confirmed by Teuton and is being used for reference purposes only.
Assays for the final 17 holes have been received with results as follows:
2012 Drill Assay Results
DDH No.
From (m
)
To (m
)
Width (m
)
Au g/t
Ag g/t
Cu %
Sb %
Pb %
Zn %
4J-13
8.54
11.59
3.05
0.17
16.0
0.004
0.015
0.403
3.77
4J-14
13.41
26.83
13.41
0.19
32.5
0.085
0.103
1.14
6.16
including
13.41
20.73
7.32
0.23
43.0
0.11
0.014
1.67
8.38
4J-15
26.83
29.88
3.05
0.18
38.0
0.09
0.105
1.03
1.77
4J-16
63.41
72.56
9.15
0.06
8.5
0.014
0.02
1.15
1.491
4J-18
1.52
5.49
3.96
0.336
29.0
0.055
0.099
0.799
2.563
and
8.54
17.68
9.15
0.316
38.83
0.125
0.099
1.08
7.353
including
14.63
17.68
3.05
0.305
53.5
0.276
0.001
1.569
16.18
4J-19
2.38
5.18
2.80
0.169
16.0
0.058
0.115
0.431
2.345
and
8.54
17.68
9.15
0.325
23.5
0.106
0.274
0.84
3.91
and
23.78
26.83
3.05
0.150
24.0
0.066
0.075
0.60
1.64
4J-20
17.68
28.83
9.15
0.34
111.83
0.088
0.281
1.04
3.98
including
20.73
23.78
3.05
0.399
295.0
0.092
0.41
1.407
5.415
4J-23
0.91
5.49
4.57
0.255
37.17
0.078
0.21
1.23
2.34
and
14.83
28.73
6.10
0.42
56.5
0.18
0.64
2.73
8.33
4J-24
1.52
26.83
25.30
0.38
27.53
0.081
0.027
1.31
3.34
including
8.54
11.59
3.05
0.65
52.5
0.084
0.63
3.93
10.89
Based on the 2012 drilling, it was established that:
The mineralization tested is the east expression of the EM anomaly.
A flat east-west fault dipping north has moved andesitic volcanic rock over the rocks hosting the underlying EM anomaly, thereby obscuring the mineralization.
Narrow post mineralization dykes have replaced some of the zone.
Reported native antimony rich float rocks discussed above are in the footwall of the fault and are likely associated with the mineralized zone tested. The native antimony float rocks do not appear to be associated with elevated base or precious metals.
Rotation plans to analyze the higher grade portions of the mineralized zone for indium. Surface sampling in the past has yielded up to 124 g/t indium.
D. Cremonese, P.Eng., President of Teuton, stated: "Results from the 2012 drilling have confirmed antimony-lead-zinc-silver-gold VMS-type mineralization over a 75m strike length. Further work in 2013 will hopefully see drilling by Rotation of the heart of the geophysical anomaly now under relatively thin ice cover to the west. Teuton also plans follow-up work in 2013 on another antimony occurrence located on its wholly-owned High property just to the north of the 4-J's. Work on this prospect in the mid-1980's by Teuton prospectors uncovered sedex-style mineralization with a value of 6% antimony."
The 4J's property is subject to an option agreement whereby Rotation Minerals can earn a 50% interest by making payments of $180,000.00 and incurring exploration expenditures of $1,800,000.00 by 2014. Rotation can earn an additional 20% interest by carrying out a feasibility study.
D. Cremonese, P.Eng. is the Qualified Person for the purposes of this news release. He has not independently verified the data prepared by Rotation Minerals and its QP, Ed Kruchkowski, P.Geo. Standard protocols were used in sample preparation and a certified assay laboratory was employed (Loring Labs of Calgary).
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.
The TSX Venture Exchange has neither approved nor disapproved the information contained herein.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
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