Vancouver
Tuesday, November 4, 2003
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Hole #CL03-4 Cuts 5 feet of 3.023 oz/ton Gold
at Clone Property
Teuton Resources Corp. and Minvita Enterprises Ltd. are
pleased to announce final drilling results from a recently completed
program on the Clone gold property, located southeast of Stewart,
BC. The Clone property is under option to Lateegra Resources
Corp. (“LEG”-TSX Venture Exchange), which
can earn a 50% interest in the property by spending $1,500,000
in exploration over a four year term.
Gold values from Hole #’s CL-03-1 to CL03-4, inclusive,
are as follows:
| Drill |
From
|
To |
Interval |
Gold |
| Hole |
(feet) |
(feet) |
(feet) |
(oz/ton) |
| CL03-1 |
40.3 |
45.3 |
5.0 |
0.769 |
| CL03-1 |
70.5 |
73.0 |
2.5 |
0.494 |
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| CL03-2 |
14.8 |
42.6 |
27.8 |
2.357* |
| |
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|
| CL03-3 |
296.8 |
301.8 |
5.0 |
0.159 |
| |
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| CL03-4 |
170.5 |
175.5 |
5.0 |
3.023 |
| *
Previously reported |
Holes CL03-3 and CL03-4 were collared in previously untested
areas of the Main Zone on the Clone Property. Hole CL03-5 was
collared at the same location as CL03-4 but with a steeper dip.
It was terminated at 150 feet and consequently did not reach
the necessary depth to intersect the high-grade structure intersected
in CL03-4.
Management of Lateegra is pleased with the 2003 drill program
at the Clone property. Especially encouraging are holes CL03-3
and CL03-4 as they support the findings of the 1998 detailed
structural study completed by SRK Consulting Engineers of Vancouver,
B.C., suggesting the gentle, northerly plunging orientation to
gold bearing shoots within the shears.
Three short holes (CL03-6,7 & 8) tested narrow shear zones
located in intrusive rocks one mile west of the Main Zone. None
of these holes intersected significant mineralization.
Pioneer Laboratories of Richmond, British Columbia, an accredited
facility, performed all of the analyses. Alex Walus, P. Geol.,
qualified person and professional geologist is responsible for
the design and conduct of the 2003 exploration programs and the
verification and quality assurance of analytical results. Mr.
Walus has 15 years experience exploring the Stewart region
ON BEHALF OF THE BOARD OF DIRECTORS
TEUTON RESOURCES CORP.
“D. Cremonese”
Dino Cremonese, P.Eng.
President
Teuton Resources Corp
Minvita Enterprises Ltd.
The TSX Venture Exchange has not reviewed and
does not accept responsibility
for the adequacy or accuracy of the content of this news release.
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