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Junior Company JV with Kinross Gold

Quoted from Article:
"Teryl Resources acquired the Gil claims in 1989, and in 1991 entered into a joint venture with Fairbanks Gold Mining Incorporated (FGMI) and Melba Creek Mining Company
Inc. (MCMI). Fairbanks Gold Corporation was subsequently acquired by Amax Gold, Cyprus Amax, and finally Kinross Gold. FGMI and MCMI are both wholly owned subsidiaries of Kinross Gold. As such, one wonders about the fate of Teryl Resources with a partner such as Kinross so close and so hungry for talent and resources. By way of comparison, consider that Kinross’ nearby True North gold deposit (located two miles north of Teryl’s West Ridge property) was purchased by Kinross in 1999 for $94 million in cash and stock. "

Full Article: http://www.resourcexinvestor.com/news.php?id=2296