Teuton Resources Reports on Treaty Creek Exploration Plans and Land Use Update

Victoria, British Columbia — April 14, 2026 — Leads & Copy —

Teuton Resources Corp. (TUO-TSX-V) (TEUTF-OTCQB) reports that its Joint Venture partner, Tudor Gold Corp., has announced progress in planning the 2026 Treaty Creek exploration program and provided an update on a land use conflict with Seabridge Gold Inc. concerning the KSM Project’s Mitchell Treaty Twin Tunnels (MTT).

According to Tudor’s April 14, 2026, news release, Phase One of the Treaty Creek Exploration Program will focus on the CBS Zone, following up on drill results from 2021 and 2022. These results include drill hole CBS-21-02, which encountered 0.78 g/t gold and 2.34 g/t silver over 155.0 meters, including 53.0 meters grading 1.24 g/t gold and 4.35 g/t silver. An initial 2,000 meters of drilling is planned for this zone, with additional drilling contingent on the program's success. The CBS Zone, situated at a lower elevation, allows for drilling earlier and later in the exploration season compared to other zones.

Phase Two will concentrate on the Perfectstorm Zone, following up on geophysics completed in 2022 and higher-grade drill hole intercepts from the 2023 drill program. Drill hole PS-23-10 intersected 1.23 g/t gold and 3.43 g/t silver over 102.15 meters, including 42.5 meters grading 1.80 g/t gold and 5.76 g/t silver. An initial 8,000 meters of drilling is planned for the Perfectstorm Zone, subject to the program's success.

Two drills are scheduled to mobilize to the site by mid-May and continue drilling through late September/early October.

Ken Konkin, P.Geo., Tudor’s Senior Vice President, Exploration, is the Qualified Person responsible for the Treaty Creek Project, as defined by NI 43-101. Konkin has reviewed, verified, and approved the scientific and technical information in Tudor's news release.

Regarding the land use conflict, KSM Mining ULC, a subsidiary of Seabridge, has filed a permit amendment application for the construction and operation of the MTT with the Major Mines Office (MMO) of British Columbia’s Ministry of Mining and Critical Minerals. Tudor notes that the proposed 22-kilometer MTT, as conceived by KSM, is only partially permitted and would run directly through Treaty Creek’s Goldstorm Deposit and pierce the Perfectstorm Zone.

The MMO advised Seabridge on April 9, 2026, that it would not proceed to deliberate on KSM’s permit amendment application without greater legal certainty regarding the interaction between the proposed MTT and the overlapping mineral titles held by Tudor. The MMO suggested that a negotiated agreement between KSM and Tudor or a court ruling could provide this certainty.

Tudor has filed two proceedings in the British Columbia courts to preserve its mineral claim rights: a notice of civil claim filed on September 22, 2025, asserting that a conditional registration reserve (CRR) does not apply to Tudor’s mineral claims, and a petition filed on October 3, 2025, seeking a judicial review of the Ministry of Water, Land and Resource Stewardship’s decision to grant Seabridge a License of Occupation covering certain of Tudor’s claims. An earlier appeal of a decision by B.C.’s Gold Commissioner was settled between Seabridge, Tudor, and the Province.

No court dates have been set for hearing these actions. Tudor’s preference is to negotiate with the Province of British Columbia and Seabridge.

D. Cremonese, P.Eng., President & CEO of Teuton, stated that Teuton anticipates reporting on progress from the Treaty Creek exploration program and the completion of the PEA. He also welcomed the government’s recognition that a negotiated resolution could resolve the permitting overlap, allowing all parties to focus on advancing mineral assets.

Teuton is developing its plans for the 2026 exploration season and will provide an update upon completion. The company expects to launch a dedicated project website for Treaty Creek (www.treatycreek.com) soon.

Teuton holds a 20% carried interest in the Treaty Creek Project, with Tudor Gold responsible for all exploration costs until a production decision is made and owning an 80% interest. Teuton also owns a 0.98% Net Smelter Royalty in the Goldstorm deposit area and the northern portion of the Perfectstorm zone, as well as a 0.49% NSR in the southern portion of the Perfectstorm zone, which can be increased to 1.49% by paying $1 million.

Teuton owns interests in more than twenty properties in the “Golden Triangle” area of northwest British Columbia and follows the “prospect generator” model.

Source: Teuton Resources Corp.