This Day On The Street
Continue to site
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

Teryl Resources Corp. Progress Report For 2013

VANCOUVER, British Columbia, Feb. 13, 2013 /PRNewswire/ -- Teryl Resources Corp. (TSX Venture Exchange: TRC.V, OTCBB: TRYLF) announces the following company progress for 2013:

Westridge Gold Property:

A geological report is being prepared on the Westridge gold property, by Dave Adams, a qualified geologist located in Alaska.  The report will be recommending an additional work program and reviewing previous exploration completed to date.

The Westridge property is near the Fort Knox Mine in the Fairbanks Mining district, The Fort Knox producing gold mine is owned by Fairbanks Gold Mining Company, a subsidiary of Kinross Gold Corp.

Teryl owns 100% interest in the Westridge claims.

Fish Creek Property

Teryl Resources Corp. has received the budget for a reverse circulation drill program from Metallogeny, Inc., general contractor in Alaska, consisting of placer and lode drilling to identify targets, on the Fish Creek property this spring.

The Company has staked additional claims adjacent to the Fish Creek Property for access purposes, and received a permit for placer and lode drilling.

The claims are adjacent to the Gil property currently being explored by Kinross Gold.

Silverknife Property

Located in British Columbia, these claims are adjacent to the Silvertip silver, lead, zinc mine currently owned by Silver Corp. Metals. A mill is planned by Silvercorp one kilometer from the Silverknife claims.

A drill program for 1,000 meters is recommended to drill known targets identified by previous drilling and exploration work including geophysical targets.

An updated 43-101 report is currently being prepared by Paul Gray our qualified geologist.


Teryl Resources Corp. symbol TRC.V TSX Venture – has several gold prospects in Alaska near the Kinross Fort Knox Mine, a 10% net profit interest in the Stepovich claims. A 100% interest in the Westridge property and a 50% option on the Fish Creek property, adjacent to the Gil property. Teryl sold its 20% interest in the Gil property in Fairbanks, Alaska to Fairbanks Gold Mining Corp.  to date $2.5 million dollars has been received and an additional $1.5 million payment upon production; $15 million (less advanced payments) from the 1% NSR of the property, thereafter Teryl retains a ½ of 1% royalty for the life of the mine. Teryl owns a 30% working interest and a 10% NPI interest in the Silverknife property, a silver/lead/zinc prospect located in Northern B.C. adjacent to Silvercorp's silver/lead/zinc discovery. Teryl has a small revenue interest in three producing oil and gas wells in Texas with Anadarko Petroleum as the operator. See website for more detailed information.


1 of 3

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
Dividend Stock Advisor

David Peltier identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Real Money

More than 30 investing pros with skin in the game give you actionable insight and investment ideas.

Product Features:
  • Access to Jim Cramer's daily blog
  • Intraday commentary and news
  • Real-time trading forums
Only $49.95
14-Days Free
14-Days Free


Chart of I:DJI
DOW 17,798.49 -14.90 -0.08%
S&P 500 2,090.11 +1.24 0.06%
NASDAQ 5,127.5250 +11.3820 0.22%

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs