Teuton Resources Expands Treaty Creek Drilling Ahead of Economic Assessment
Teuton Resources Corp. (TSXV:TUO) announced that joint venture partner Tudor added a third drill rig at the Treaty Creek project. Drilling has expanded both the PSP and PSE zones, with hole PS-26-32 intersecting down-dip gold over approximately 480 meters.
The expansion extends mineralized zones near the surface and down-dip, keeping the PSP zone open in all directions. The partners are targeting more than 20,000 meters of total drilling in 2026 to further test resource size and continuity across the property.
Next, investors are awaiting a Preliminary Economic Assessment focused on Goldstorm. Tudor retained Fuse Advisors to finalize the economic evaluation, which is expected in the coming weeks. Teuton Resources stock last traded at 1.47 CAD, down 3.29% for the day.
Key points
- A third drill rig was added at the Treaty Creek project to accelerate the 2026 exploration program.
- Drilling extended the PSP and PSE zones, with hole PS-26-32 finding gold over roughly 480 meters down-dip.
- Fuse Advisors is working to finalize a Preliminary Economic Assessment focused on Goldstorm in the coming weeks.
- The joint venture is targeting more than 20,000 meters of total drilling during 2026.
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How we writeDisclaimerQuestions and answers
What operational progress did Teuton Resources report at Treaty Creek?
Partner Tudor added a third drill rig, expanded the PSP and PSE zones, and targeted over 20,000 meters of drilling in 2026.
When will the Treaty Creek Preliminary Economic Assessment be released?
Tudor retained Fuse Advisors to finalize the Preliminary Economic Assessment for Goldstorm, which is expected in the coming weeks.