Teuton Resources Corporation

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Thursday November 9, 2006

All 7 Holes Of 2006 Program Cut Gold Mineralization At Clone Property, Including 35.5 feet Of 0.178 oz/ton Gold

Canasia Industries Ltd. (“CAJ”--TSX-V), Silver Grail Resources Ltd. (“SVG”--TSX-V; “KD7”-Frankurt) and Teuton Resources Corp. (“TUO”:TSX--V; “TFE”-Frankfurt) 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 jointly owned by Silver Grail and Teuton and is currently under option to Canasia which can earn a 50% interest in the property by spending $1,800,000 in exploration over a five year term. To date, Canasia has spent in excess of $400,000 on airborne geophysical surveys and diamond drilling.

Significantly, all 7 holes of the 3,240 foot, 2006 drill program cut gold-bearing intercepts, varying in length from 3 to 35.5 feet, as follows:

Hole #	From (feet)	To (feet)	Interval (feet)	Gold (oz/ton)
CL06-1	392.5	409.0	16.5	0.125
...including	402.0	405.0	3.0	0.303
CL06-2	233.0	236.0	3.0	0.153
CL06-3	32.0	52.0	20.0	0.178
...including	42.0	48.5	6.5	0.390
CL06-4	33.5	49.5	16.0	0.114
...including	39.5	42.5	3.0	0.300
CL06-5	40.5	76.0	35.5	0.178
...including	50.0	73.0	23.0	0.232
and	107.0	110.5	3.5	0.579
CL06-6	113.0	116.0	3.0	0.629
	157.0	162.0	5.0	0.448
CL06-7	113.0	116.0	3.0	0.332
	151.0	156.5	5.5	0.824

The 2006 drill program was designed to shed further light on the attitude of the gold-bearing “H” (hematite) and “S” (sulfide) structures/horizons identified within the 1,600 foot long Main Zone by trenching and drilling in 1996-8 and 2003.

Three holes were drilled from the first collar to test the principal H-1 structure. The first two of these holes did not intersect the H-1 zone where expected, possibly due to faulting. However, after adjusting the azimuth, H-1 type gold mineralization was successfully intercepted at shallow depth in the third hole. Deeper, gold-bearing intersections obtained in the first two holes are interpreted to be from parallel shears.

Holes CL06-4 & 5, collared above Trench #10, successfully tested the S-1 horizon. The final two holes drilled from the third collar tested the H-1 zone at moderate depth, each encountering two separate gold-bearing zones. True widths of the intervals are not known at this time.

A lingering snowpack at higher elevations precluded a thorough investigation of the many EM conductors discovered throughout the Clone property by Aeroquest earlier in the year. These targets, along with several Induced Polarization anomalies detected by ground surveys in 1997, remain to be tested by diamond drilling. Canasia geological personnel intend, during the winter months, to study the large database established by previous and recent work on the Clone property. Priority targets identified during this review will be followed up by a diamond drilling program in 2007. The scope of this program will be announced at a later date.

Dave Derby, president of Canasia, stated: “I am very encouraged that all 7 holes drilled in the 2006 program intersected gold-bearing mineralization in the Main Zone. It appears we are one step closer to fully understanding the structural controls for this intriguing high-grade gold system.” Derby added, “It should also be emphasized that we have nearly doubled the size of this outstanding property by way of additional staking in preparation for renewed exploration in the 2007 field season”.

Pioneer Laboratories of Richmond, British Columbia, an accredited facility, performed all of the analyses. A quality control/quality assurance protocol was used in this program including blanks, duplicates and reference standards. Geologist, K. Mastalerz, Ph.D., was responsible for verification and quality assurance of analytical results.

D. Cremonese, P.Eng,”, President
SILVER GRAIL RESOURCES CORP.

“Dave Derby”, President “
CANASIA INDUSTRIES CORP. TEUTON RESOURCES CORP.

ON BEHALF OF THE BOARD OF DIRECTORS
TEUTON RESOURCES CORP.
SILVER GRAIL RESOURCES LTD.
"Dino Cremonese, P.Eng."
President

The foregoing securities have not been, nor will be, registered under the United States Securities Act of 1933, as amended, and may not be offered or sold within the United States or to, or for the account or benefit of U.S. persons absent U.S. registration or an applicable exemption from U.S. registration requirements. This release does not constitute an offer to sell or the solicitation of an offer to buy nor shall there be any sale of the securities in any state where such offer, solicitation or sale would be unlawful.

This news release includes certain forward-looking statements concerning the future performance of our business, its operations and its financial performance and condition, as well as management’s objectives, strategies, beliefs and intentions. Forward-looking statements are frequently identified by such words as “may”, “will”, “plan”, “expect”, “anticipate”, “estimate”, “intend” and similar words referring to future events and results. Forward-looking statements are based on the current opinions and expectations of management. All forward-looking information is inherently uncertain and subject to a variety of assumptions, risks and uncertainties, including the speculative nature of mineral exploration and development, fluctuating commodity prices, competitive risks and the availability of financing, as described in more detail in our recent securities filings available at www.sedar.com. Actual events or results may differ materially from those projected in the forward looking-statements and we caution against placing undue reliance thereon. Silver Grail Resource Ltd. And Teuton Resources Corp. do have an ongoing obligation to disclose material information, as it becomes available.

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