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Teryl Resources new Geologist to Evaluate Gil J/V Gold Prospect
Teryl Resources Corp. (TSX VENTURE:TRC)(OTCBB:TRYLF) reported that the company has retained Mark Robinson, a certified and qualified consulting geologist, to complete a feasibility study and a fair value analysis on the Gil J/V in the Fairbanks Mining Division.
Teryl Resources Corp. (TSX VENTURE:TRC)(OTCBB:TRYLF) reported that the company has retained Mark Robinson, a certified and qualified consulting geologist, to complete a feasibility study and a fair value analysis on the Gil J/V in the Fairbanks Mining Division.
The press release is quoted as saying:
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 with Kinross Gold Corporation (TSX:K)(NYSE:KGC) (80% Kinross/20% Teryl). To date, USD $9 million has been expended on exploration by Kinross and Teryl on the Gil joint venture claims. A US$1.6 million budget has been completed for 2009 to draft test several gold anomalies on the Gil Claims. A US$1,524,600 2010 budget has been approved by our joint venture partner Fairbanks Gold Mining Inc. (FGMI), a subsidiary of Kinross Gold Corporation.
Click here to access the entire press release
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