Teuton Resources Corp. ($TEUTF) is excited to share that their Joint Venture partner, Tudor Gold Corp. ($TUD), has announced the retention of Fuse Advisors Inc. from Vancouver, British Columbia. This decision, detailed in a news release dated February 25, 2025, involves preparing a preliminary economic assessment (PEA) focused on advancing the Goldstorm Deposit at the Treaty Creek Project into production.
Tudor Gold holds an 80% stake in the Treaty Creek Project and serves as the Operator, while Teuton maintains a 20% carried interest alongside net smelter return interests.
Details of the Preliminary Economic Assessment
The PEA will evaluate the feasibility of an underground mining operation targeting higher-grade gold mineralization at the Treaty Creek Goldstorm Deposit, as described in the 2026 Mineral Resource estimate released in January 2026. Fuse Advisors is tasked with developing a mine plan that could produce up to 10,000 tonnes per day using bulk-tonnage mining methods, aiming to define mineralized material ranging from 50 million to 100 million tonnes with a grade exceeding 2.5 grams per tonne of gold.
After establishing a mine plan, Fuse will apply the final metallurgical recoveries from the ongoing metallurgical program to create a comprehensive flowsheet and economic evaluation for the project.
Metallurgical Program Progress
Initiated in late 2025, the metallurgical program is currently advancing with composite samples from the Goldstorm Deposit's Upper, Central, and Lower zones. It aims to produce a sulphide gold concentrate while exploring the potential for a copper concentrate via a sequential flotation process.
Preliminary testwork suggests a sequential copper-pyrite flotation circuit may yield marketable copper and sulphide gold concentrates with target grades of 15 to 25 g/t for gold and 26 to 28% for copper. Overall recoveries are anticipated between 80% to 90% for gold, 75% to 85% for silver, and 75% to 85% for copper.
2026 Mineral Resource Estimate Overview
The 2026 Mineral Resource Estimate (MRE), conducted by Garth Kirkham, P.Geo. of Kirkham Geosystems Ltd., is based on 359 diamond drill holes totaling 191,466 meters. This estimate includes 332 drill holes completed by Tudor Gold from 2016 to 2025 and 27 holes drilled by previous operators. It is reported at a net smelter return (NSR) cut-off value of US$50 per tonne. A NI 43-101 Technical Report is expected to be available within 45 days from January 22, 2026, on both the Tudor Gold and SEDAR websites.
Future Prospects for Treaty Creek
Joe Ovsenek, President and CEO of Tudor Gold, expressed optimism regarding the potential of Treaty Creek, emphasizing the ability to advance it as a mid-size underground operation initially focused on higher-grade mineralization. This staged development approach could mitigate risks and expedite cash flow.
Teuton Resources, the original staker of the Treaty Creek property, retains significant interests, including a 20% carried interest and various royalties. The Treaty Creek Project not only includes the Goldstorm Deposit but also several other mineralized zones along a promising geological structure.
For further insights and updates on the Treaty Creek Project and Teuton Resources, visit Inside Ticker.