Teryl Resources Corp. Announces Significant Gold Assays on the Gil Joint Venture Gold Prospect, Fairbanks, Alaska.FAIRBANKS, Alaska Fairbanks (IPA: /ˈfɛərbæŋks/) is a Home Rule City in Fairbanks North Star Borough, Alaska, United States. -- 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 a reverse drilling program has been completed with GF Back Drilling to drill the Sourdough Ridge zone, which is located on the Gil joint venture claims in Fairbanks, Alaska.
Gold Assay Results - Sourdough Ridge
Hole # From Ft To Ft Interval Ft Au ppb Au gpt
======================================================================
GRV05-488 80 90 10 1008 1.01
----------------------------------------------------------------------
GRV05-489 90 95 5 1395 1.40
----------------------------------------------------------------------
GRV05-490 0 5 5 1355 1.36
----------------------------------------------------------------------
GRV05-490 45 75 30 2562 2.56
----------------------------------------------------------------------
including 65 70 5 9640 9.64
----------------------------------------------------------------------
GRV05-491 5 10 5 3160 3.16
----------------------------------------------------------------------
GRV05-491 25 55 30 4319 4.32
----------------------------------------------------------------------
including 25 30 5 14250 14.25
----------------------------------------------------------------------
GRV05-491 85 95 10 2300 2.30
----------------------------------------------------------------------
GRV05-491 110 115 5 1040 1.04
----------------------------------------------------------------------
GRV05-491 110 135 25 1248 1.25
----------------------------------------------------------------------
GRV05-491 165 170 5 1250 1.25
----------------------------------------------------------------------
GRV05-492 10 25 15 1228 1.23
----------------------------------------------------------------------
GRV05-493 60 65 5 2150 2.15
----------------------------------------------------------------------
(a)GRV05-493 90 100 10 5120 5.12
----------------------------------------------------------------------
(a) Drill hole 493 was still mineralized when it was terminated at 100
feet depth.
The Gil/Sourdough drilling consisted of 1,560 feet of RC drilling for a total of 9 holes. Additional drilling is planned following seasonal freeze-up to extend the Sourdough 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. zone. The Gil gold targets were identified by the 2004 Gil exploration program, which consisted of 1,020 feet of trenching, 18 reverse circulation drill holes totalling 4,175 feet and the collection of over 1,000 rock and soil samples for gold assays. 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 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) (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 Fish Creek may refer to:
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, 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 may refer to: Politicians:
John Robertson Contact: John Robertson President Tel. 800-665-4616 Contact: Business Office 800-665-4616 877-549-GOLD (4653) 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 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. |
|
||||||||||||||||||
Printer friendly
Cite/link
Email
Feedback
Reader Opinion