Teuton Resources Corp. has received another progress report from its optionee, Optimum Ventures inc., stating that it has now completed an induced polarization (IP) and magnetic geophysical surveying on the Harry property located north of Stewart, BC, within the Golden Triangle. Optimum reports that IP surveying has yielded new and important information that will help guide drilling and surface exploration work.

This survey was carried out to outline known structures and uncover unknown structures due to overburden in the area. This has outlined areas of sulphide concentrations as well as areas of quartz - sulphide stock works. The final survey report has demonstrated the program's success by outlining numerous anomalies.

IP Survey Highlights: Twenty-seven chargeability anomalies (first to third order) have been identified, which are interpreted and presented in the attached map. Drilling targets can now be selected from the first priority on the 2D sections for future exploration follow-up. The east side of the Grid (L7E, L8E, and L9E), depict the strongest chargeability at both extents of the profiles.

The western profiles (L5E, L6E, and L11E) depict the strongest chargeability in the central parts of the sections Optimum has also completed several drill pads to: Test a strong IP anomaly over the Golden Summit zone mineralization. Test the mineralization on the Swann. Test the mineralization on the BR located a short distance above the Swann.

Test the wide zone of mineralization on the Saw Cut zone. Exploration is presently working at exposing the strike and dip of the Swann zone to aid in the azimuth and dip of drilling going forward. Drilling is expected to commence within the next couple of weeks.

To date, Optimum has sent approximately 1000 surface rock samples collected based on their sulphide content and talus fines, as well as Shaw drill core for assaying. Optimum has also selected representative grab samples from different zones for rush assaying to guide the continuing exploration. Assays are expected within a week.