TEUTON RECEIVES DRILL PERMIT FOR HIGH PROPERTY
Teuton Resources Corp. (“Teuton”) (“TUO”-TSX-V) (“TFE”-Frankfurt) (“TEUTF”—OTC BB) is pleased to announce that it has received a drill permit for the High property, located in the Sulphurets region of northwestern British Columbia (see map). An aggressive program of regional sample collection, geological mapping and diamond drilling is scheduled for the 2011 field season.
The High property is located due south of Pretium Resources’ Brucejack property and follows the projected trace of the Brucejack Fault which is spatially related to many of the Pretium deposits. Drilling by Pretium in 2009 and 2010 on the Galena Hill zone encountered many intercepts containing gold grades registering in the kilo/tonne range (greater than 1000 g/t or 29.17 oz/ton). Pretium plans a multi-million dollar program in 2011 to follow up on these very high-grade intersections. Further work is also planned for several deposits surrounding the Galena Hill zone, including bulk tonnage situations like the Bridge zone which returned a hole grading 589m (1,932 feet) of 0.99 g/t gold.
Prospecting by Teuton personnel in 2010 disclosed an extensive gossan located just south of the common border with Pretium’s Brucejack property. After further sampling this gossan will be drilled within the field season.
The High property continues south for 7km and hosts numerous other gossanous areas which will also be sampled and possibly drilled.
The Qualified Person for the purposes of this news release is D. Cremonese, P.Eng. Mr. Cremonese has not independently verified the Pretium Resources’ data.
D. Cremonese, P.Eng.
President
Teuton Resources Corp.
