Tuesday, March 17, 2009

Tyhee Gets 2.56 g/t Gold Over 43.5 m On Clan Lake Drill Project

Tyhee Development Corp. has released the results from Clan Lake gold project in the Northwest Territories, from a program with fourteen holes drilled. Six holes were highlighted as anomalous: results include hole CL001's 2.56 g/t gold and 5.06 g/t silver over 43.5 m, with a subinterval of 9.0 m assaying at 5.35 g/t gold and 9.35 g/t silver, and hole CL011's 2.55 g/t gold over 24.0 m, including a subinterval of 7.5 m of 4.18 g/t gold and 21.80 g/t silver. The news release goes into further detail, and notes that most of these holes are in areas already fingered as gold-bearing.

This item was disseminated before market's open yesterday. At the close, Tyhee reached 14.5 cents, down a penny on the day. Current bid - ask is 14.5 cents - 15 cents.

The company's Google Finance web page is here.


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