reg,
Further drilling results from Clone property
Teuton Resources Corporation TUO
Shares issued 10,561,050 Sep 30 close $0.35
Thu 2 Oct 97 News Release
Also Minvita Enterprises Ltd (MVE)
Mr D. Cremonese reports
Assay results have been received for holes 97-1 to 97-9 and 97-11 from the
1997 drilling program on the Clone property, 12 miles southeast of Stewart,
BC. Results for the final seven holes of the program are pending.
Holes 97-1 to 11 were all collared within the Main zone and were designed
to test for mineralization at depths of 200 feet or greater. Results
indicate that this portion of the program was successful in following both
H and S type mineralization to depth.
Holes 97-1 and 2 were drilled from the same collar at 45 and 50 degrees,
respectively, to test for gold-cobalt mineralization below the trench No.
81 area at the southeast end of the Main zone. Hole 97-1 was re-entered in
an attempt to intersect the up-dip extension of a 16.4 ft interval in hole
97-2 grading 0.212 oz/ton Au and 0.125% Co. This proved successful when
97-1 intersected a 17 ft interval grading 0.223 oz/ton Au and 0.125% Co.
Hole 97-3, also drilled from the same collar as 97-1 and 2, but at a 60
degree dip and with a slightly different azimuth, was terminated at 250 ft
and consequently did not go far enough to reach the gold-cobalt
mineralization encountered at depth in the first two holes.
Holes 97-4 to 7 inclusive, were drilled at varying dips and azimuths in an
attempt to intersect H type mineralization below the intersection recorded
in hole 25 of the 1997 program. Two of these holes were successful and
confirmed that, at depth, cobalt values also occur with H style
mineralization.
Hole 97-8 was collared in an attempt to trace the lateral extension of S
type mineralization encountered in hole 18 (1996 program) grading 1.80
oz/ton Au and 0.31% Co over 16.4 ft from 403.5 to 419.9 ft. This hole
failed to intersect significant S type mineralization so the drill was
moved to a new location where three holes were drilled, 97-9, 10 and 11, in
accordance with the structural theory which was successful in holes 97-1
and 2. Holes 97-9 and 11, drilled at 50 and 55 degree dips respectively,
both intersected S type gold-cobalt mineralization at 341 and 380 ft,
respectively. A second S structure was encountered at 438 ft in hole 97-11
grading 0.399 Au equivalent over 15.6 ft. Complete assay results are
awaited for hole 97-10 drilled at a dip of 45 degrees, as well as holes
97-12 to 97-17.
HOLE INTERVAL WIDTH AU CO AU
(FT) (FT) OZ/T % OZ/T
97-1 124.0-167.3 43.3 0.074 0.035 0.109
300.2-317.2 17.0 0.223 0.125 0.348
97-2 137.8-180.4 42.6 0.055 0.019 0.074
210.0-241.1 31.1 0.212 0.047 0.259
Inc. 219.0-232.0 13.0 0.448 0.081 0.524
296.9-313.3 16.4 0.212 0.125 0.337
Inc. 296.9-308.4 11.5 0.291 0.152 0.443
97-3 14.8- 19.7 4.9 0.351 - 0.351
97-5 295.3-353.7 58.4 0.116 0.043 0.157
Inc. 345.5-353.7 8.2 0.577 0.148 0.725
97-7 283.8-297.3 13.5 0.046 0.037 0.083
97-9 49.2- 76.4 27.2 0.130 - 0.130
341.2-351.0 9.8 0.334 0.129 0.463
97-11 380.6-390.4 9.8 0.417 0.123 0.540
438.0-453.6 15.6 0.276 0.123 0.399
The Clone property is a 50/50 joint venture between Teuton and Minvita
Enterprises.
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