Teryl Resources Corp. Acquires Additional Mining Claims in the Bisbee Area, Arizona.VANCOUVER, British Columbia -- 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 ) (Pink Sheets:TRYLF) is pleased to announce that six additional unpatented lode mining claims have been officially filed with the Arizona State office of the Bureau of Land Management in Phoenix, Arizona, on behalf of the Company. Dr. Fredric M. Rothermel, who recorded and filed the six patented claims on behalf of Teryl Resources Corp., states, "The additional lode mining claims comprise of 120 acres, which include portions of the Gold Hill overthrust fault, a major component of the Gold Hill ore block; therefore, it is a very valuable addition to Teryl's Gold Hill property. In the Bisbee area there are two known major ore blocks, the Copper Queen, owned by Phelps Dodge Corp., one of the largest copper deposits in history, and the Gold Hill, which is currently optioned to Teryl Resources Corp." (See news release dated July 18, 2006.) Exploration work is planned for September of this year. 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: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 Fish Creek Claims, 50% optioned from Linux Gold Corp. (OTCBB OTCBB See OTC Bulletin Board (OTCBB). :LNXGF), and the Stepovich Claims, where Teryl has a 10% net profit interest from Kinross. The Company also has a 100%-interest in the West Ridge property. An option agreement has been completed on seven patented claim blocks, consisting of 248 acres, in the Warren Mining District, Cochise County, Arizona Cochise County is located in the southeastern corner of the U.S. state of Arizona. As of the 2000 census its population was 117,755. The county seat is Bisbee. History Cochise County was created on January 3, 1881 out of the eastern portion of Pima County. . The seven patented claim blocks are called the Gold Hill prospect, which includes the Old Gold Hill, Superior, and Baston mines. Teryl Resources Corp. also has one joint venture silver prospect located in Northern BC, Canada. Teryl Resources Corp. has revenue from oil and gas projects in Texas and Kentucky, and will continue to drill additional gas wells in Kentucky. For further information visit the Company's website at http://www.terylresources.com. On Behalf of the Board of Directors "John Robertson" John Robertson President The 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. has neither approved nor disapproved of the information contained herein. Forward-Looking Statements This release contains forward-looking statements, which are made pursuant to the safe harbor Safe Harbor 1. A legal provision to reduce or eliminate liability as long as good faith is demonstrated. 2. A form of shark repellent implemented by a target company acquiring a business that is so poorly regulated that the target itself is less attractive. provisions of the Private Securities Litigation Reform Act The Private Securities Litigation Reform Act of 1995 (PSLRA) implemented several significant substantive changes affecting certain cases brought under the federal securities laws, including changes related to pleading, discovery, liability, class representation and awards fees and of 1995. We use words such as "anticipate," "believe," "expect," "future," "intend," "plan," and similar expressions to identify forward-looking statements. Forward-looking statements include, without limitation, our ability to increase income streams, to grow revenue and earnings, and to obtain additional cord blood banking revenue streams. These statements are only predictions and are subject to certain risks, uncertainties and assumptions, which are identified and described in the Company's public filings with the Securities and Exchange Commission. |
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