Vancouver - Teuton Resources Corp. ('Teuton' or 'the Company') (TSXV: TUO) (OTC: TEUTF) (Frankfurt: TFE) announces that Optimum Ventures Ltd. ('Optimum'), optionee of the Company's Harry property, has reported partial assay results from surface sampling.

The property is located 25km north of Stewart, British Columbia, adjoining the Premier-Dilworth property of Ascot Resources to the west.

Highlights of sampling indicate: Six separate quartz-sulphide structures in a small northeastern part of the claim area.

Discovery of the new Swann zone several hundred meters from the Milestone showing. (The Milestone was found in 2020 and ran 7.86 oz/ton gold over 2.0m).

Identification of fine visible gold in semi-massive to massive sulphide in the Swann zone (assays pending)-2nd visible gold occurrence found on the property to date.

Identification of Premier porphyry intrusive in contact with mineralized zones (similar to the host rock of the Premier gold deposit).

The property features several 500m wide zones of intense alteration that trend northwest along the length of the claim. Within this intense alteration, sericite along with abundant pyrite is prevalent. Surface exploration completed in late 2021 on a small portion of the Harry property, less than 10% of the claims area, indicates that sulphide zones occur within quartz bearing structures trending both east-west (south dip) and northwest structures dipping east. At intersection points, semi-massive to massive sulphides occur, namely sphalerite, galena, tetrahedrite, chalcopyrite and pyrite. Fine visible gold is occasionally present within the massive mineralization.

In 2020, a new zone of mineralization in quartz breccias, called the 'Milestone' was discovered on the Harry Property. Teuton prospectors reported a trench sample averaging 7.86 ounces per ton gold (269.5 g/t) across a 2 metre width. The full width of this new zone has not been defined due to overburden cover.

The 2021 program funded by Optimum consisted of surface sampling any newly located structures in the area of the Milestone showing. A total of 50 samples were collected with assay results received for the first 38 samples. Values ranged from 0.01 to 23.30 g/t Au and 0.02 to 3,379 g/t Ag.

About Teuton

Teuton owns interests in more than thirty properties in the prolific 'Golden Triangle' area of northwest British Columbia and was one of the first companies to adopt what has since become known as the 'prospect generator' model. Ten of these properties are currently under option to third parties. Over $4 million in option cash payments (not including appreciable payments made in shares) has been generated from these properties since 2015, including properties where optionees have already earned their interest.

Contact:

Barry Holmes

Tel: 778-430-5680

Email: barry@teuton.com

Cautionary Statements regarding Forward-Looking information

Certain statements contained in this press release constitute forward-looking information. These statements relate to future events or future performance. The use of any of the words 'could', 'intend', 'expect', 'believe', 'will', 'projected', 'estimated' and similar expressions and statements relating to matters that are not historical facts are intended to identify forward-looking information and are based on the Company's current belief or assumptions as to the outcome and timing of such future events. Actual future results may differ materially.

All statements relating to future plans, objectives or expectations of the Company are forward-looking statements that involve various risks and uncertainties. There can be no assurance that such statements will prove to be accurate and actual results and future events could differ materially from those anticipated in such statements. Important factors that could cause actual results to differ materially from the Company's plans or expectations include risks relating to the actual results of current exploration activities, fluctuating gold prices, possibility of equipment breakdowns and delays, exploration cost overruns, availability of capital and financing, general economic, market or business conditions, regulatory changes, timeliness of government or regulatory approvals and other risks detailed herein and from time to time in the filings made by the Company with securities regulators. The Company expressly disclaims any intention or obligation to update or revise any forward-looking statements whether as a result of new information, future events or otherwise except as otherwise required by applicable securities legislation.

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