Teuton Resources Corp.
TSX VENTURE : TUO
FRANKFURT : TFE

Teuton Resources Corp.

September 30, 2010 08:30 ET

Teuton Resources Corp.: Drilling Results From Tennyson

VANCOUVER, BRITISH COLUMBIA--(Marketwire - Sept. 30, 2010) - Teuton Resources Corp. ("Teuton") ("TUO") (TSX VENTURE:TUO)(FRANKFURT:TFE) is pleased to announce that complete results have now been received for the 2010 drilling program on the Company's wholly-owned Tennyson property, located 6km due west of the former Granduc Mine millsite and 50km by road north of Stewart, BC. Altogether 11 holes were drilled.

A variety of targets were tested in the 2010 program, one of which was a zone of porphyry-type, gold-copper mineralization surrounded by snow and ice located in the northwestern quadrant of the core claims. Three holes into this area all encountered encouraging gold-copper grades as follows:

Drill Hole Interval (metres) Length (metres) Length (feet) Gold (g/t) Copper (%) Gold Equiv. * (g/t)
TN10-04 0 to 106.07 106.07 348.0 0.22 0.29 0.77
             
TN10-05 0 to 88.39 88.39 290.0 0.25 0.32 0.86
             
TN10-06 0 to 71.93 71.93 252.0 0.25 0.32 0.86
             
*Based on $1307 per oz/ton gold and $3.63 per lb copper.

D. Cremonese, P.Eng., President of the Company, stated: "We are very pleased with the copper and gold results obtained, especially considering that we were only able to drill from a small rock island. In next year's program we intend to step out onto the snow and ice and hopefully we will see greater widths to the mineralization. The grade is already within the lower range of the very large tonnage gold-copper deposits located to the north, such as at the Mitchell and Iron Cap zones of Seabridge Gold. We could potentially be sitting on the edge of such a deposit, but much more work will be necessary to prove it."

Further drilling on the property tested a range of bulk tonnage situations to the south of the porphyry zone. One of these holes, TN10-3, returned an interval from 49.99m to 63.70m, 13.71m in total, averaging 1.66 g/t gold. Several of the remaining holes had long sections of anomalous gold. True widths are not known at this time.

The QA/QC protocol system employed during the 2010 exploration program included procedures for monitoring the chain-of-custody of samples and the insertion of blanks and reference standard samples in every batch of samples. Pioneer Laboratories of Richmond, BC., an accredited facility, performed the analyses.

D. Cremonese, P.Eng., is the Qualified Person for the purposes of this news release.

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. has an ongoing obligation to disclose material information, as it becomes available.

The TSX Venture Exchange has neither approved nor disapproved the information contained herein.

Contact Information

  • 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