Teryl Resources Receives Progress Report for Ore Reserve Estimation

Teryl Resources Corp. (TSXV:TRC,OTC:TRYLF) reports it has received progress report for the ore reserve estimation on Gil joint venture, Alaska.

The press release is quoted as saying:

The progress report lists the methods and work conducted by Will Robinson during the months of September – October, 2010.

Teryl Resources’ CEO and President, John Robertson says:

“Upon completion of the reserve estimate on the Gil joint venture, the Company will be able to better evaluate any potential buyout of its 20% of the Gil joint venture and/or estimate the value of the 20% interest for the shareholders.”

Click here to access the entire press release.

Click here to access Teryl Resources’ company profile.