Teuton Resources Corp. (“TUO”) (“Teuton”)
and Minvita Enterprises Ltd. (“MVE”) (“Minvita”)
wish to announce that Falcon Drilling Ltd.
of Prince George, BC, has been contracted to
complete a minimum 600 meter drill program
on Teuton and Minvita’s jointly owned Clone
gold property, situated in the Stewart
Mining Camp of northwestern British Columbia.
Mobilization is set for August 28, 2003.
The Clone gold property is
presently under option to Lateegra Resources
Corp. (“LEG”) (“Lateegra).
Under the terms of the agreement Lateegra can
earn a 50% interest in the Clone property by
carrying out $1,500,000 in exploration over the
four year term of the option. To maintain the
option through the first year Lateegra is obligated
to spend $200,000 on the property prior to Dec.
31, 2003.
ON BEHALF OF THE BOARD
“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.
Minvita
Enterprises Ltd. Address: #207-675 W. Hastings St. Vancouver,
BC Canada V6B 1N2