Silver Grail Resources Limited

stewart region news

February 2007

20 Million Ounce Gold Camp Emerging in the Sulphurets Area, due south of Teuton's Treaty Creek Property

Seabridge Gold and Silver Standard Mines recently announced major increases in gold-copper and gold resources on their properties located in the Sulphurets region north of Stewart , BC . Total combined gold resources from five deposits (see map) now stand at 20 million ounces of gold and 4.95 billion lbs of copper.

Bruceside	--	0.5 million oz.
Kerr	2.33 billion lbs.	1.6 million oz.
Mitchell	2.23 billion lbs.	13.1 million oz.
Snowfield	--	3.0 million oz.
Sulphurets	0.39 billion lbs.	1.8 million oz.
Totals	4.98 billion lbs.	20.0 million oz.

*Combined Mineral Resources (Measured, Indicated and Inferred)

Both the Mitchell and Snowfield deposits remain open for extension and will be the subject of multi-million dollar exploration programs during the 2007 field season. Many other targets are also scheduled for follow-up exploration. The total mineral endowment that is emerging at Sulphurets is world-class in scale, and already compares favourably with the giant Galore Creek copper-gold project of Nova Gold Resources, some 60 miles to the north. A recently completed feasibility study estimates that the Galore Creek project could be developed at a capital cost of $1.74 billion US from 2007 to 2010. The successful completion of this mega-project will undoubtedly serve as a catalyst for the exploitation of other behemoth-size mining projects in northwestern British Columbia.

A Feb. 20, 2007 news release by Seabridge Gold regarding results from drilling of the Mitchell deposit can be found here. A Dec. 11, 2006 news release by Silver Standard regarding the Snowfield deposit can be found here. The resources detailed in these releases are reported as being National Instrument 43-101 compliant.

It is the opinion of Teuton Management that the potential for finding similar Sulphurets-type, bulk tonnage gold or gold-copper deposits on Teuton's Treaty Creek property is excellent. This observation is based on a comprehensive review of geological data assembled during more than $3 million of exploration carried out on the property from 1985 to the present. A Powerpoint presentation on Treaty is expected to be completed before mid-March and will be posted to the Treaty Creek section of the website when ready.

Drill Results From Clone Property

Silver Grail Resources Ltd. (“Silver Grail”) (“SVG”--TSX-V; “KD7”-Frankurt) and Teuton Resources Corp. (“Teuton”) (“TUO”:TSX--V; “TFE”-Frankfurt) are pleased to announce receipt of all results from the 2008 drilling on the Clone property. Holes CL08-1 to 4 targeted the “H-1” (Hematite) zone, Holes CL08-5 to 8 targeted the “S-2A” zone, while Holes CL08-9 and 10 were drilled to test a new copper zone found earlier in the program...

Clone Core Samples Sent in for Assay

Silver Grail Resources Ltd. (“Silver Grail”) (“SVG”--TSX-V; “KD7”-Frankurt) and Teuton Resources Corp. (“Teuton”) (“TUO”:TSX--V; “TFE”-Frankfurt) are pleased to announce that core samples from the first nine of ten holes drilled into their jointly-owned Clone property, located 20km southeast of Stewart, BC, have been sent in for assay. Pioneer Laboratories of Richmond, BC, will be performing the analyses...

Private Placement

Silver Grail Resources Ltd. (“Silver Grail”) (“SVG”--TSX-V; “KD7”-Frankurt) is pleased to announce a private placement of up to $180,000. Silver Grail plans to raise $180,000 by the sale of 1,200,000 units at $0.15 per unit...