All holes tested anomalies detected by previously flown, airborne geophysical surveys.
Regrettably, none of the holes encountered economic gold and/or silver mineralization.
Drilling of the third target situated on the Eskay Rift property (100% Teuton) was postponed because of the lateness of the season and the onset of inclement weather. The Eskay Rift property is located over 50 miles northwest of the Midas and Konkin Silver and is underlain by wholly different rock types. The ZTEM signature is also much different and is interpreted by geophysicists as likely being caused by copper and gold mineralization based on local considerations. We are very much looking forward to drilling this prospect in 2022.'
Drill core samples were sent to
About Teuton
Teuton owns interests in more than thirty properties in the prolific
Teuton was the staker of the
About Silver Grail
Silver Grail owns interests in over 12 mineral properties in the southern portion of
Contact:
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
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