Tuesday, March 17, 2009

Teryl Plans To Spend US$1.644 Million In 2009 On Gil Joint Venture Gold Claims

Teryl Resources Corp. has announced its 2009 exploration budget for the Gil joint-venture gold claims. The company plans to spend US$1,644,000 on: ground magnetometer surveying, concentrating on the Sourdough Ridge; delineating mineralized zones plus establishing a resource base at Sourdough Ridge; and, expanding the resource at North Gil. The news release has further details, and expected dates for each phase of the exploration program.

This item was released this morning. Yesterday, Teryl closed at 11 cents for a gain of 1 cent. The current bid - ask is 7 cents - 11 cents.

The company's Google Finance web page is here.


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