Silver Breccia Discovered within CBS Zone at Treaty Creek

Teuton Resources Corp. (TUO) announced that joint venture partner Tudor Gold has released drill results from holes CBS-26-08 and CBS-26-09 at the CBS Zone, Treaty Creek. Hole CBS-26-08 intersected a silver breccia grading 61.28 g/t Ag and 0.09 g/t Au over 34.15 m from 264.00 m downhole, which included a higher-grade interval of 201.84 g/t Ag and 0.07 g/t Au over 7.20 m from 280.00 m downhole.

The same hole returned shallow gold intercepts, including 2.57 g/t Au and 0.39 g/t Ag over 3.00 m from 6.00 m, and 0.53 g/t Au and 9.81 g/t Ag over 20.60 m from 61.90 m, which included 0.92 g/t Au and 16.99 g/t Ag over 9.30 m. Hole CBS-26-09 intersected 0.79 g/t Au and 4.71 g/t Ag over 47.00 m from 153.00 m, including 1.04 g/t Au and 1.49 g/t Ag over 24.50 m.

The silver breccia is interpreted as a high-fluid-flow corridor within a high-sulfidation system, providing continuity with prior hole CBS-22-04, which returned 54.82 g/t Ag over 13.50 m, and surface chip samples grading 30.09–61.8 g/t Ag. Drilling extended the gold-rich breccia system 40 m northeast and 60 m up-dip toward the Goldstorm Deposit.

Teuton Resources Corp. (TUO) holds a 20% carried interest in Treaty Creek, where the recent discovery of the CBS Zone silver deposit is viewed as an incremental addition to its portfolio. The primary value driver for the company remains the 24.9 moz Au Goldstorm Deposit, for which a Preliminary Economic Assessment (PEA) is currently underway. While the new silver zone could eventually contribute 10–20 moz Ag, this volume would add only modest per-share value relative to the existing gold resource.

Market sentiment had been trending downward prior to the announcement, with the stock price declining from C$2.66 in late January 2026 to approximately C$1.93 just before the release. This represents a ~28% drop over five months, a period during which excitement over the initial resource update faded and concerns regarding financing and legal overhangs persisted. The discovery of the new silver breccia may help stabilize the decline, but analysts suggest it is unlikely to re-rate the stock back to previous highs unless follow-up drilling demonstrates scale comparable to the Goldstorm deposit.

Teuton operates as an explorer with no revenue, with its value driven by joint venture drilling at Treaty Creek and other early-stage properties. This latest result adds to the property’s prospectivity but does not fundamentally alter the company's investment thesis.

Teuton Resources Corp. (TUO) operates as a prospect generator holding more than 30 properties in British Columbia’s Golden Triangle. Its primary asset is a 20% carried interest in the Treaty Creek joint venture, which is operated by Tudor Gold and hosts the Goldstorm Deposit. The Goldstorm Deposit contains 24.9 moz Au, 148.7 moz Ag, and 3.048 Blbs Cu indicated resources. Teuton also holds a 0.98% NSR on the Goldstorm area along with additional royalties.

The company’s portfolio includes the Ram property, where porphyry Cu-Au-Mo drilling is underway, several other early-stage properties, and a portfolio of NSR interests. These interests were previously subject to a proposed spinout that was later partially completed via Luxor Metals.

As of Q1 2026, Teuton reported working capital of C$6.7M, cash of C$1.37M, and marketable securities, including Tudor Gold shares, valued at C$5.46M. The company carries no debt. Operating cash burn is approximately C$244k per quarter, with exploration costs carried by partners, resulting in strong liquidity.