Teryl Resources Announces Drilling Program Recommended on
the Bisbee, Gold Hill Prospect, Arizona
Jul 16, 2007 9:00:00 AM
Copyright Business Wire 2007
VANCOUVER, British Columbia--(BUSINESS WIRE)--
Teryl Resources Corp. -
(TSX VENTURE:TRC) announces that Thomas A. Parkhill, M.S.
Geologist, has recommended drilling 3 separate targets on
the Bisbee Gold Hill prospect.
The drill hole locations were determined from assays of
rock samples collected on the properties, and based on
aeromagnetic anomalies and field examinations.
Assays up to 2.54% copper were located on -
the Gold Hill proposed drill location.
The Gold Hill prospect is located 2.6 miles from
the Lavender Pit, which produced 75 million tons of copper,
gold and silver ore for Phelps Dodge Corporation.
A drilling contract is currently being negotiated.
About Teryl Resources Corp.
Teryl Resources Corp. -
is one of the main landowners in
the Fairbanks Mining District, Alaska.
The Gil project is a joint venture (80% Kinross/20% Teryl)
with Kinross Gold Corporation (TSX: K; NYSE: KGC).
The Company's holdings also include the Fish Creek Claims,
50% optioned from Linux Gold Corp.
(OTC BB: LNXGF), and
the Stepovich Claims,
where Teryl has a 10% net profit interest from Kinross.
The Company also has a 100%-interest in -
the West Ridge property.
Teryl Resources Corp.
has an agreement on seven patented claim blocks,
consisting of 248 acres, in the Warren Mining District,
Cochise County, Arizona.
The seven patented claim blocks are called
the Gold Hill prospect,
which includes the Old Gold Hill, Superior,
and Baston mines.
The Gold Hill copper, gold, and silver property
is four miles west of
the Copper Queen/Lavender Pit mine,
one of the richest copper mines in history,
owned by Phelps Dodge Corporation,
which has produced 75 million tons of ore
from 1954 to 1970.
Teryl Resources Corp.
also has one joint venture silver prospect
located in Northern BC, Canada.
Teryl Resources Corp.
has revenue from oil and gas projects in Texas and Kentucky.
For further information,
visit the Company's website at
terylresources.com
siliconinvestor.com |
