These include the Clone,
In addition, Silver Grail and Teuton also staked the 856 hectareKswhan property in July after it came open. It lies between the Clone property and Goliath's Golddigger property.
This region of
A first batch of assay data from sampling has been received from 2023 prospecting on Silver Grail-Teuton's Clone property. These include 25 grab samples from an area of the Clone property that has seen only light exploration to date and which is hypothesized as being distal to a porphyry copper zone. Results for copper show a range from 66 to 4,450 ppm with an average of 1,640 ppm (0.16% Cu); for silver, a range from 0.20 to 6.24 ppm with an average of 2.34 ppm, and; for gold, a range from 10 to 1,480 ppb gold with an average of 213 ppb gold. More samples have been sent in for assay.
Silver Grail and Teuton have owned the Clone property jointly since first staking in 1994-5. An optionee of the property eventually earned a 50% interest, leaving Teuton and Silver Grail owning 25% each. The interest earned by the optioneewas later put up for sale in 2019 when the owner changed its business from mineral exploration to biopharma; it was subsequently acquired by Teuton for
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Certain statements contained in this press release constituteforward-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 tomatters that are not historical facts are intended to identifyforward-looking information and are based on the Company'scurrent belief or assumptions as to the outcome and timing ofsuch future events. Actual future results may differ materially.
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