Teuton and Minvita acquire Mexican ground

Sister companies Teuton Resources (TUO-V) and Minvita Enterprises (MVE-V) have staked concessions covering 119,000 ha in Mexico’s Zacatecas state.

The staking was prompted by the recent massive sulphide discovery of Teck (TEK-T) and Western Copper Holdings (WTC-T). Five of the concessions are to the south and southeast of the San Nicolas discovery, and are jointly owned by Teuton and Minvita.

A sixth concession, called Borshoi, covers 45,000 ha some 30 km west of the discovery, and is held 80% by the two juniors and 20% by Mexican junior Minas Dolores.