TUO, GOT, NRN
Teuton Resources aka TUO released an update regarding their JV with Optimum Ventures on the Harry PM prospect in BC's Golden Triangle. Optimum can earn up to 80% of the property and has been busy of late. They completed an IP survey which was able to refine existing targets as well as generating new ones, and have also been taking samples from those prospects, with sample assays expected imminently. Also imminent is the start of a drill programme. Harry is lower elevation so they should be able to get in a good number of holes before winters descends.
Message 34006488
Also from the Golden Triangle, we get another hopeful but frustrating PR from Goliath Resources aka GOT regarding the ongoing drill campaign on the Surebet zone of their Golddigger Au/Ag prospect.
Why hopeful? Once again we hear about multiple long intercepts of what appear to be good mineralization, this time including lots of pretty pictures of visible gold. The mineralized area now covers 5.25 sq km and remains open in multiple directions. As well, they have identified a new nearby prospect they call Goldswarm which will be followed up next year, plus indications of a potential porphyry feeder zone.
Why frustrating? Even though this drill campaign has been going on for more than 3 1/2 months, we still get no assays, or eve an indication of when they might arrive from the labs.
Message 34006517
Is it hubris to wonder whether someone from Northern Shield Resources aka NRN is reading these little pieces I am posting? Yesterday, while commenting that their announcement that they have acquired a new prospect in Newfoundland might mean that they are about to move on from exploring their current number one prospect, Root & Cellar, to the Next Big Thing, as they have done multiple times in the past. Today, we get a very short PR containing a picture of some visible gold found in a boulder at Root & Cellar. Visible gold may or may not be significant, meaning the only real news in this NR was the sentence saying that permits for additional drill pads had been submitted.
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