AIRBORNE GEOPHYSICAL SURVEYING COMMENCES ON TERYL'S ALYMER LAKE PROPERTY IN N.W.T.
VANCOUVER, British Columbia, April 20 /PRNewswire/ -- Teryl Resources Corp. (Vancouver: TRC) today announced that airborne geophysical surveying (650 line-km) is scheduled to begin next week on the 31,506-acre Alymer Lake prospect. The property is located approximately 60 miles south-southeast of the Dia Met Lac de Gras discovery. It borders Pure Gold's property to the north and Aber/Southemera/Kennecott's ground to the west. Teryl can earn a 51-percent interest in these claims by spending $500,000 over a four-year period, subject to a 2-percent GORR. In addition, ground geophysical surveying is now in progress on Teryl's Amad Claims, located within the Dia Met claim block and immediately north of the DHK syndicate ground. The program will further define the location and quality of eight airborne geophysical anomalies previously located. Drill hole locations will be spotted on completion of this work. Drilling is expected to commence in early May. Teryl can earn a 50-percent interest in the 2,530-acre Amad prospect by expending $250,000 over three years. Calco Resources Inc. retains the other 50-percent interest. Both exploration programs are under the supervision of the former Western Regional Manager of Kennecott, Mr. Jack Marr. -0- 4/20/93 /CONTACT: Lydia Lowe of Teryl Resources Corp., 800-661-6465, 604-278-5119 or 604-278-4455/ (TRC.)
CO: Teryl Resources Corp. ST: British Columbia IN: MNG SU:
DH -- DE001 -- 7904 04/20/93 10:07 EDT
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|Date:||Apr 20, 1993|
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