Teryl Resources Corp. Announces Drilling to Commence on Fox Creek Gold Property, Fairbanks, Alaska.FAIRBANKS, Alaska -- 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) wishes to announce that Curt Freeman, of Avalon Development, has notified Teryl that a drilling program on the Fox Creek gold property has been arranged with America Arctic drilling company. The drilling will be two - 60 degree angle holes, one to the northwest to test the intrusive found north of the creek and the other at 180 degrees from the first to test possible structures that control the intrusive in Fox Creek. The drilling will test the molybdenum molybdenum (məlĭb`dənəm) [Gr.,=leadlike], metallic chemical element; symbol Mo; at. no. 42; at. wt. 95.94; m.p. about 2,617°C;; b.p. about 4,612°C;; sp. gr. 10.22 at 20°C;; valence +2, +3, +4, +5, or +6. and gold bearing intrusive rock on the Fox Creek Claims, which returned 1.36 gpt gold. The target is less than one-half mile from rock samples recently collected from the West Ridge Claims, which returned gold values up to 4.3 gpt (0.127opt, see September 29, 2004 news release). 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), where the Company is drilling a high-grade placer deposit, and has recently discovered an intrusive with indicator minerals similar to that of Kinross's Fort Knox Deposit, 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 where recently there was a discovery of a new zone 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. , and has obtained a mining lease on the adjoining Fox Creek Claims. Teryl Resources Corp. also has one joint venture silver prospect located in Northern BC, Canada. 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. Statements in this press release regarding Teryl's business which are not historical facts are "forward-looking statements" 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. |
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