Value Microcaps Junior Miners

[Lone Clone]

TUO x 2, KTN, BTO

Today we get two pieces of news involving Teuton Resources aka TUO regarding its JV with TUD and AMK on the Treaty Creek property in BC's Golden Triangle.

The first one is harder to evaluate. Last time I reported on a PR from SEA regarding the overlap between SEA's License of Occupation vs. part of TUD's mineral claims that make up Treaty Creek. SEA's PR regarding a recent decision by the BC Ministry responsible, which they interpreted as saying thatthey could go ahead and build a tunnel through TUD's claims. Now we hear from TUD that this is not true at all, that according to the ruling and further interactions with the Ministry that SEA has no right to build that tunnel and interfere with TUD's mineral claim.

It seems on the face of it that TUD is in the right, but I am no lawyer. I will leave it for you to read the full text of the various PRs and decide fir yourself. As stuffbug pointd out, SEA had its license of Occupation before TUD got its mineral before TUD applied for the mineral tenure.

It does seem that the best possible outcome would be for the partied to enter into negotiation and come to a mutual agreement alowing SEA to build the tunnel in return for benfits to TUD and its JV partners. Or maybe SEA could just plain buy Treaty Creek and settle the kerfuffle once and for all...

https://www.siliconinvestor.com/readmsg.aspx?msgid=34486007

It is much easier to evaluate the other TUO NR, which contains another set of drill results from Treaty Creek This release is very positive.

Two more stepout holes to the northeast of Goldtorm found more very high levels of gold, e.g. 10.07 g/t AuEq over 12.0m within the uppermost portion of the 223.5m of 1.42 g/t AuEq. The higher grade stockwork section appears to correspond to a similar find hundreds of metres to the southeast, raising the possibility that these high grade stockworks might extend those hundreds of metres. Finding a high grade starter zone near surface like this one can be the key to make the construction of a mine economically viable.

These two holes also found other long intervals of mineralization, as did several holes drilled into the Perfectstorm zone. Both deposits remain open in multiple directions.

https://www.siliconinvestor.com/readmsg.aspx?msgid=34486002

Kootenay Silver aka KTN released assays from 3 more holes drilled along the D Vein at its Columba silver prospect in Chihuahua, Mexico. They continue to hit mineralization in every hole, with the feature intercept being 29m core-length @ 208 g/t silver, 0.21% lead, and 0.46% zinc including 9.67m of 510 g/t silver, 0.2 gpt gold, 0.5% lead, and 1.0% zinc; also including 2.37m of 1,142 g/t silver, 0.1 g/t gold, 0.9% lead, and 2.5% zinc. Even better, they are starting to find additional veins flanking the main D Vein. Drill will continue, leading to an initial Resource Report next year.

https://www.siliconinvestor.com/readmsg.aspx?msgid=34486043

B2Gold aka BTO released several sets of drill results from its Back River project in Nunavut. The first set consists of infill drilling within the Goose deposit, currently under construction as a mine, confirming and in some cases exceeding the grades and lengths expected from the existing Resource Report.

Another set of drilling was able to extend the Llama deposit several hundred metres down plunge with intercepts like 7.79 g/t Au over 22.00m, including a higher grade interval of 11.22 g/t over 14.40m. In addition, drilling at the George deposit, 50km northwest of Goose, further extended mineralization with intercepts like 19.17 g/t gold over 7.5m close to surface.

Drilling continues at all these sites and will in future include other prospects in the are.

https://www.siliconinvestor.com/readmsg.aspx?msgid=34486100