Teuton, Inc., a Florida-based corporation established on May 4, 1960, has been making strides in resource exploration for over six decades. Operating from Anthony, FL, the company is directed by President Terrell W. Teuton and continues to evolve with its latest annual report filed on January 29, 2024.
Teuton's strategic involvement through a partnership with Tudor Gold Inc. highlights its commitment to exploring promising mineral sites. This collaboration focuses on the Treaty Creek property, first mapped out by Teuton Resources in 1983 and comprising a vast 7km sequence of mineral-rich zones. Notably, these areas are known for their lucrative gold-silver and porphyry copper-gold deposits and are situated near landmark properties like Seabridge Gold's KSM and Pretium Resources' Brucejack.
Over the years, over $10 million has been channeled into exploring the potential of Treaty Creek. The partnership with Tudor Gold Inc.-led by Walter Storm of Osisko Gold fame-reflects a shared vision for mutual growth through a joint venture agreement that sees both companies holding 20% carried interests. Teuton enhances its position on this project through non-dilutable share rights, securing 2% and 1% on various claims without an obligation to buy back.
Moreover, Tudor Gold's pledge to invest at least $1 million towards continued exploration in 2016 underscores the significance of Treaty Creek. Strategically located in northwestern British Columbia's Golden Triangle Area, this venture is not only a testament to Teuton's long-standing legacy but also aligns with their broader strategy, as envisioned by Michael Storm, to strengthen its presence within one of the world’s most dynamic mining communities.
KEY FACTS ABOUT TEUTON, INC
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US Businesses
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Companies in Florida
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Marion County Companies
- Company name
- TEUTON, INC
- Status
- Active
- Filed Number
- 236062
- FEI Number
- 590929721
- Date of Incorporation
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May 4, 1960
Age - 67 years
- Home State
- FL
- Company Type
- Domestic for Profit
CONTACTS
- Website
- https://teuton.com
- Phones
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(778) 430-5680
(604) 682-3992
(778) 430-5681
TEUTON, INC NEAR ME
- Principal Address
- 4698 E. RD 329,
ANTHONY,
FL,
32617
- Mailing Address
- 5160 NE 136th Place,
ANTHONY,
FL,
32617,
US
See Also
Source:
TEUTON, INC on Florida Department of State, Division of Corporations