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Kinross Gold/Teryl Resources: Phase I Drill Results -- Fort Knox Gil Project, Alaska; Drilling Intersects 0.116 opt Gold Over Sixty Feet.


Business Editors

FAIRBANKS Fairbanks, city (1990 pop. 30,843), Fairbanks North Star Borough, E central Alaska, on the Chena River near its confluence with the Tanana; inc. 1903. Fairbanks is the only sizable urban center in the vast Alaskan interior. , Alaska--(BUSINESS WIRE)--Sept. 2, 2003

Teryl Resources Corp. (TSX Venture Exchange TSX Venture Exchange

Originally called the Canadian Venture Exchange (CDNX), this was a result of the merger of the Vancouver and Alberta stock exchanges. The goal of TSX Venture Exchange is to provide venture companies with effective access to capital while protecting investors.
: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
) announces drill results from the 2003 exploration program at the Gil Gold Project, Alaska Alaska (əlă`skə), largest in area of the United States but third smallest (exceeding only Vermont and Wyoming) in population, occupying the northwest extremity of the North American continent, separated from the coterminous United States , a joint venture with 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
  • Gold as an investment
  • Gold mining
References

1. ^ Kinross Gold.
 Corporation.

Drilling on Gil continues to produce excellent results including an intercept intercept

in mathematical terms the points at which a curve cuts the two axes of a graph.
 of 0.116 ounces of gold per ton over an interval interval, in music, the difference in pitch between two tones. Intervals may be measured acoustically in terms of their vibration numbers. They are more generally named according to the number of steps they contain in the diatonic scale of the piano; e.g.  of 60 feet from the Main zone, one of four gold targets on the property.

The goal of the 2003 exploration program is to define the limits of gold mineralization Mineralization
The process by which the body uses minerals to build bone structure.

Mentioned in: Rickets

mineralization,
n the bioprecipitation of an inorganic substance.
 at the North Gil and the Main Gil Zones. The first phase US$830,000 exploration program consists of drilling approximately ap·prox·i·mate  
adj.
1. Almost exact or correct: the approximate time of the accident.

2.
 60 holes for a total of 17,000 feet. Continued success in the first phase would initiate INITIATE. A right which is incomplete. By the birth of a child, the husband becomes tenant by the curtesy initiate, but his estate is not consummate until the death of the wife. 2 Bouv. Inst. n. 1725.  follow-up follow-up,
n the process of monitoring the progress of a patient after a period of active treatment.


follow-up

subsequent.


follow-up plan
 in-fill drilling at the Main Gil zone to upgrade the resource to reserve status.

The Gil Gold Project is located in the Fairbanks Mining District, Alaska, approximately five miles east of Kinross' Fort Knox Fort Knox [for Henry Knox], U.S. military reservation, 110,000 acres (44,515 hectares), Hardin and Meade counties, N Ky.; est. 1917 as a training camp in World War I. It became a permanent post in 1932. In the steel and concrete vaults of the U.S.  deposit, Alaska's largest producing open-pit gold mine with an average gold grade of just under 0.03 ounces of gold per ton. Kinross' intentions for Gil are to advance the project to a production decision.

Following are assays of results received to date. Further results from the first phase program will be published when available.

     Hole     From (feet)  To (feet) Interval   Gold       Target
                                       (feet)   (OPT)
----------------------------------------------------------------------
  GVR03-287           105        130       25    0.033    North Gil
----------------------------------------------------------------------
  GVR03-288           190        200       10    0.035    North Gil
----------------------------------------------------------------------
  GVR03-289           165        225       60    0.026    North Gil
                      335        350       15    0.043
----------------------------------------------------------------------
  GVR03-290           120        155       35    0.028    North Gil
----------------------------------------------------------------------
  GVR03-291            90        100       10    0.036  Main/North Gil
                      275        325       50    0.042   Intersection
                      280        285        5    0.242
----------------------------------------------------------------------
  GVR03-292           105        155       50    0.050    North Gil
                      190        200       10    0.054
----------------------------------------------------------------------
  GVR03-293            80        160       80    0.065    Main Gil
                      110        115        5    0.404
                      140        145        5    0.259
                      190        235       45    0.026
                      225        230        5    0.109
----------------------------------------------------------------------
  GVR03-294           180        190       10    0.038    North Gil
                      225        230        5    0.146
----------------------------------------------------------------------
  GVR03-295            85        110       25    0.100    Main Gil
                      250        260       10    0.053
----------------------------------------------------------------------
  GVR03-296           105        110        5    0.073    Main Gil
----------------------------------------------------------------------
  GVR03-299            35         65       30    0.038      M/NG
                                                        Intersection
----------------------------------------------------------------------
  GVR03-300            25         60       35    0.364    North Gil
                       25         35       10    1.207
----------------------------------------------------------------------
  GVR03-301           155        170       15    0.032    North Gil
----------------------------------------------------------------------
  GVR03-302            45         50        5    0.094    North Gil
                      340        345        5    0.520
                      375        410       35    0.033
----------------------------------------------------------------------
  GVR03-303            50         95       45    0.042    Main Gil
----------------------------------------------------------------------
  GVR03-305           115        125       10     0.05    Main Gil
----------------------------------------------------------------------
  GVR03-306            15         50       35    0.028
                      110        130       20    0.081
                      115        120        5    0.252
----------------------------------------------------------------------
  GVR03-307            40         75       35     0.05    Main Gil
----------------------------------------------------------------------
  GVR03-308            60        120       60    0.045    Main Gil
                      100        110       10    0.109
----------------------------------------------------------------------
  GVR03-321            25         95       70    0.062    Main Gil
                      155        160        5    0.122
                      240        260       20    0.082
                      290        335       45    0.041
----------------------------------------------------------------------
  GVR03-322           110        125       15    0.088    Main Gil
----------------------------------------------------------------------
  GVR03-323           130        145       15    0.059      M/NG
                      245        300       55    0.026  Intersection
----------------------------------------------------------------------
  GVR03-324           165        185       20    0.023    Main Gil
                      220        235       15    0.040
----------------------------------------------------------------------
  GVR03-325            25         35       10    0.042    North Gil
                      195        215       20    0.041
----------------------------------------------------------------------
  GVR03-326            25         40       15    0.020    Main Gil
----------------------------------------------------------------------
  GVR03-327             0         50       50    0.014    Main Gil
----------------------------------------------------------------------
  GVR03-328             0         40       40    0.024    Main Gil
                       20         40       20    0.037
----------------------------------------------------------------------
  GVR03-329             0         25       25    0.019    Main Gil
----------------------------------------------------------------------
  GVR03-330            25         40       15    0.025    Main Gil
----------------------------------------------------------------------
  GVR03-331            25         65       40    0.073    Main Gil
                       30         35        5    0.249
----------------------------------------------------------------------
  GVR03-333            85         95       10    0.045    Main Gil
                      145        185       40    0.039
----------------------------------------------------------------------
  GVR03-335                                               Main Gil
----------------------------------------------------------------------
  GVR03-349            50         75       25    0.046 Sourdough Ridge
                      135        210       75    0.030
                      195        205       10    0.101
----------------------------------------------------------------------
  GVR03-350           155        185       30    0.018 Sourdough Ridge
----------------------------------------------------------------------
  GVR03-353             5         65       60    0.116    Main Gil
                       10         40       30    0.202
----------------------------------------------------------------------


ABOUT TERYL RESOURCES CORP.

With interests in four gold properties, Teryl Resources Corp. is one of the main landowners in the Fairbanks Mining District, Alaska. The Gil project is a joint venture (80% Kinross/20% Teryl) with Kinross Gold Corporation (TSX TSX Toronto Stock Exchange (TSE before April, 2002)
TSX Transfer from Stack Pointer to Index
TSX True Space Extension
: K; NYSE NYSE

See: New York Stock Exchange
: KGC KGC Knights of the Golden Circle
KGC Kids get Care
KGC Kingscote, South Australia, Australia (Airport Code)
KGC Known Good Cable
). The Company's holdings also include the West Ridge ridge (rij) a linear projection or projecting structure; a crest.

dental ridge  any linear elevation on the crown of a tooth.

dermal ridges  cristae cutis.
 Property (100% owned), the Fish Creek Fish Creek may refer to:
  • Fish Creek, Victoria
  • Fish Creek, Arizona
  • Fish Creek, Wisconsin
  • Fish Creek, Saskatchewan (also known as Tourond's Coulee)
  • Fish Creek, Alberta
 Claims, 50% optioned from Linux Linux

Nonproprietary operating system (OS) for digital computers. In 1991 Linus Torvalds of Finland began asking for volunteer programmers over the Internet to collaborate on the development of a UNIX-like OS for personal computers; the “1.
 Gold Corp. (LNXGF), and the Stepovich Claims, which Teryl has a 10% net profit interest from Kinross Kinross, town, Scotland
Kinross (kĭnrôs`), town (1991 pop. 3,459), Perth and Kinross, E Scotland, on Loch Leven. Kinross is an agricultural hub, with some woolen and linen manufacturing.
. Teryl Resources Corp. also has one joint venture silver prospect located in Northern BC, Canada Canada (kăn`ədə), independent nation (2001 pop. 30,007,094), 3,851,787 sq mi (9,976,128 sq km), N North America. Canada occupies all of North America N of the United States (and E of Alaska) except for Greenland and the French islands of . For further information visit the Company's website at http://www.terylresources.com.

ON BEHALF OF THE BOARD OF DIRECTORS

"John Robertson John Robertson may refer to:

Politicians:
  • John Robertson (Canadian politician) (1799-1876), Scottish born member of the Canadian Senate from 1867.
"

John Robertson

President

The TSX Venture Exchange has neither approved nor disapproved of the information contained herein.

Statements in this press release regarding Teryl's business which are not historical facts are "forward-looking statements forward-looking statement

A projected financial statement based on management expectations. A forward-looking statement involves risks with regard to the accuracy of assumptions underlying the projections.
" that involve risks and uncertainties, such as estimates and statements that describe the Company's future plans, objectives or goals, including words to the effect that the Company or management expects a stated condition or result to occur. Since forward-looking statements address future events and conditions, by their very nature, they involve inherent risks and uncertainties. Actual results in each case could differ materially from those currently anticipated in such statements.
COPYRIGHT 2003 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2003, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Geographic Code:1CANA
Date:Sep 2, 2003
Words:863
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