Teuton Resources Corporation

Current Presentations

The Fiji property borders west of the Homestake Ridge property of Bravo Venture Group. Inc., wherein recent exploration has established an inferred resource containing some 900,000 ounces of gold (11,914,187 tonnes grading 2.36 g/t gold at a 0.5 g/t cutoff). Efforts to expand this resource are continuing in 2007 with a multi-rig, 9,000 m program.

Prospecting by Teuton-Silver Grail personnel in 2006 delineated two promising zones of high grade gold-bearing mineralization just west of the common border with the Bravo Ventures ground, and hosted within part of the same package of rocks that trend northwest through the Homestake Ridge property onto the Fiji claims.

Currently the property is being drilled by joint owners Teuton Resource Corp. and Silver Grail Resources Ltd.

Location

The Fiji property is situated 28 kilometres southeast of the deepwater port of Stewart, British Columbia, at the northwest end of the Kitsault River valley. The Kitsault district is famous for two former silver producers, the Dolly Varden and Torbrit mines.

Mineralized Showings

Prospecting samples taken in 2006 from two mineralized zones on the Fiji have returned an unusually high proportion of high-grade gold values. Five out of sixteen samples returned gold values higher than 11 g/t, ranging from 11.21 to 47.1 g/t gold (see map attached, “Fiji Property Gold Zones” or click on the map below to see a full-sized version). One of the zones features fracture-controlled pyrite mineralization in what appears to be a highly altered intrusive. The second zone, in an area recently exposed by meltback of a snowfield, features sphalerite, galena, tetrahedrite, pyrite and barite mineralization hosted in altered volcanic rocks.

History and Property Status

The property was staked by Teuton-Silver Grail in the mid-1990’s as part of a regional effort spurred by the Red Mountain gold discovery. Minor prospecting and trenching at the time yielded highly anomalous gold and base metal values within what was tentatively identified as a Goldslide Intrusion, the same type which is associated with the Red Mountain discovery (now owned by Seabridge Gold). No further work was done until 2006, when additional prospecting of new areas exposed by retreating snowfields showed the mineralization to be more widespread than originally thought.

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