Teryl Resources Corp. (TSX VENTURE:TRC)(OTCBB:TRYLF) has announced that our joint venture partner, Fairbanks Gold Mining, Inc., a subsidiary of Kinross Gold Corporation, reported drill results for 2010.
The following objectives for 2010 were accomplished pursuant to the 2010 budget plan:
-
Ground magnetometer survey.
-
Drilling at Sourdough Ridge.
-
Drilling on the western portion of area between Main Gil and North Gil.
The goal of the 2010 program is to further delineate the strike extension of the mineralized zones, and to infill between step-out holes, in order to gain a better understanding of ore-zone continuity. The 2010 workplan calls for ground geophysics, 11,000 feet of RC drilling, and 5,000 feet of HQ-NQ core drilling. In addition, fieldwork involving mapping, soil and rock sampling, and mobile metal ion (MMI) geochemical sampling will be performed.
John Robertson, President of Teryl Resources Corp., states, "Mark Robinson, our Certified Professional Geologist, is currently preparing a 3D model and feasibility study on the Gil joint venture. The 3D model should be available by the end of October, in the preliminary format."
Qualified Person
Mark S. Robinson, P. Geo., State of Alaska Licensed Geologist No. 247 of Wrangell, Alaska, who is independent of the Company as defined in NI43-101. Mark Robinson is a Certified Professional Geologist (CPG) 6414 with the American Institute of Professional Geologists (AIPG). Other professional societies and certifications include: Society of Economic Geologists (SEG) fellow since 1985; American Geological Institute (AGI); and Alaska Miner's Association (AMA). Mark Robinson is a Qualified Person as defined in NI 43-101 and also qualifies under the rules stated by the U.S. Securities and Exchange Commission ("SEC"), and has verified the data contained in this news release for accuracy.
Source: Teryl Resources Corp.