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Gold/Mining/Energy : Canadian-under $3.00 Stock-Picking Challenge

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To: Ceedee who wrote (3146)6/12/2001 3:40:59 PM
From: Al Collard   of 11802
 
Ceedee, news from your pick K-t:

Teryl/Kinross to commence initial drilling in Alaska

Tue 12 Jun 2001

News Release

Mr. John Robertson reports

An initial drilling program is to commence this month on the Gil joint
venture gold prospect in the Fairbanks, Alaska, mining division.
The Main and North Gil zones are reported to contain an estimated mineral
resource of 10.0 million tons of 0.04 ounce per ton of gold totalling
400,000 ounces (see news release in Stockwatch dated March 13, 2001, for
details). The Gil claims are adjacent to the Fort Knox deposit which is
owned by the company's joint venture partner Kinross Gold. Teryl Resources
owns a 20-per-cent working interest and Kinross Gold owns an 80-per-cent
working interest in the Gil joint venture property.
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