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Gold/Mining/Energy : Golden Triangle -- Ignore unavailable to you. Want to Upgrade?

To: klinker who wrote (6)

7/17/2012 5:26:40 PM

From: klinker

Read Replies (1) | Respond to of 493

Magneto-telluric Survey Outlines Anomalies on Teuton's Treaty Creek Property

January 5, 2012, Vancouver, BC: Teuton Resources Corp. (“Teuton”) (“TUO”-TSX-V) ("TFE"-Frankfurt) (“TEUTF”—OTC BB) is pleased to announce the results of a magneto-telluric survey carried out on its Treaty Creek property, located north of Stewart in the Eskay Creek-Sulphurets-Premier region of northwestern British Columbia (the “Golden Triangle”). The survey was conducted last summer by Quantec Geoscience and paid for by Seabridge Gold Inc., owners of the adjacent KSM gold-copper property. It follows part of the route of the proposed tunnel through the Treaty Creek property (the tunnel which Seabridge wishes to build to connect the KSM gold-copper deposits with its millsite situated over 20km to the northeast).

Two prominent areas of very low resistivity have been identified (see map, attached). One occurs at the southwestern end of the survey and is only partially delimited. Another 500m of untested ground lies further to the southwest, in the direction of the common boundary between Teuton’s property and that of Seabridge Gold Inc. Another 800m in the same direction is Seabridge Gold’s Iron Cap copper-gold deposit, which remains open to the northeast.

The second area of low resistivity (sub 200ohm-m) is in the center of the surveyed area and is quite deep, however the lows appear to extend to the surface. The authors of the Quantec report, Mssrs. Warren Gregory, B.Sc. and Riaz Mirza, M.Sc. stated: “The conductive zone extends upward to the surface and can be mapped between MT sites 214 and 216. The resistivity varies at shallow depth levels. It appears to be that this zone is structurally controlled and potentially an alteration zone with favourable mineralization.”

Teuton plans to ground truth the anomalous areas when next on the property. The Qualified Person for the purposes of this news release is D. Cremonese, P.Eng. Mr. Cremonese has not independently verified the Quantec Geoscience data.