2002 Gil Joint Venture Drill Program Update -- Teryl Resources Corp. -- the ``Company''.Business Editors VANCOUVER, British Columbia--(BUSINESS WIRE)--June 13, 2002 Teryl Resources Corp. (TSX TSX Toronto Stock Exchange (TSE before April, 2002) TSX Transfer from Stack Pointer to Index TSX True Space Extension VENTURE:TRC TRC Noun (in South Africa) Truth and Reconciliation Commission: a commission which encourages people who committed human rights abuses or acts of terror during the apartheid era to reveal the truth about their crimes in return for immunity from prosecution .V) and TERYL, INC inc - /ink/ increment, i.e. increase by one. Especially used by assembly programmers, as many assembly languages have an "inc" mnemonic. Antonym: dec. . wish to announce that the assays for the 2002 Gil drilling program on the first drill target have been received from Fairbanks Gold Mining Inc., a wholly owned subsidiary Wholly Owned Subsidiary A subsidiary whose parent company owns 100% of its common stock. Notes: In other words, the parent company owns the company outright and there are no minority owners. of Kinross Gold Kinross Gold Corporation (TSX: K, NYSE: KGC) is a Canadian gold mining company. It is the seventh largest primary gold producer in the world.[1] See also
1. ^ Kinross Gold. Corporation (TSX:K) (AMEX AMEX See: American Stock Exchange :KGC KGC Knights of the Golden Circle KGC Kids get Care KGC Kingscote, South Australia, Australia (Airport Code) KGC Known Good Cable ). A table displaying significant gold intercepts is located below.
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GVC02-262
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From To Interval Grade
---------------- -------------- -------------- --------------
(ft) (ft) (ft) (opt of gold)
---------------- -------------- -------------- --------------
65 130 55 0.029
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INCLUDING
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65 80 15 0.095
---------------- -------------- -------------- --------------
200 210 10 0.087
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GVC02-263
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From To Intercept Grade
-------------- -------------- -------------- --------------
(ft) (ft) (ft) (opt of gold)
-------------- -------------- -------------- --------------
75 90 15 0.040
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375 385 10 0.073
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500 525 25 0.072
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705 710 5 0.105
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920 975 55 0.046
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INCLUDES
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970 975 5 0.368
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Planned targets Targets that are known to exist in an operational area, and against which effects are scheduled in advance or are on-call. Examples range from targets on joint target lists in the applicable campaign plans, to targets detected in sufficient time to list in the air tasking order, for later this year include the intersection of the North and Main Gil mineralized min·er·al·ize v. min·er·al·ized, min·er·al·iz·ing, min·er·al·iz·es v.tr. 1. To convert to a mineral substance; petrify. 2. To transform a metal into a mineral by oxidation. 3. trends, the upper Slippery Creek intrusive target and the Main Gil Extension. The Main and North Gil zones are reported to contain an estimated mineral resource of 10.7 million tons of 0.04 opt of gold totaling 428,000 ounces (see February 14, 2000 news release for details). The Gil claims are adjacent to the producing Fort Knox deposit which is owned by our joint venture partner Kinross Gold Corporation. Teryl Resources owns a 20% working interest and Kinross Gold owns an 80% working interest in the Gil joint venture property. ABOUT TERYL RESOURCES CORP. Teryl Resources Corp. has several gold, silver and diamond properties located in Canada and the U.S.A. The mining prospects consist of two joint venture gold properties located near the Kinross Gold producing Fort Knox Mine in Alaska, several diamond-mining prospects near the Dia Met diamond producing mine located in the N.W.T., and one joint venture silver prospect located in northern B.C. Canada. The Company also has an interest in several producing oil and gas wells located in Texas, USA. ON BEHALF OF THE BOARD OF DIRECTORS "John Robertson" John Robertson President The Canadian Venture Exchange The Canadian Venture Exchange (CDNX) is now a defunct stock exchange having been acquired by the TSX Group in 2001 and renamed the TSX Venture Exchange. History of the Canadian Venture Exchange (CDNX) has neither approved nor disapproved of the information contained herein. |
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