BRYN Resources Inc Announces Exploration Project Plan
TORONTO, July 7 /PRNewswire-FirstCall/ - BRYN Resources Inc (PINKSHEETS: BRYN) (PINKSHEETS: BRYN.PK) announces a project plan to commence in the summer of 2009 for the exploration of the company's gold mineral lease claims in the Long Canyon Gold Trend area of Nevada.
This exploration program includes contracting an independent geologist and survey team to perform a detailed mapping program of these claims. The surface mapping project will also include the collection of numerous surface samples for geochemical testing and assays at Chemex Labs in Elko, Nevada. These samples will be collected from enriched mineralized surface stream sediments, ridge and spur soil sampling, detailed soil sampling grids and selective rock chip sampling of exceptional mineralized outcrops to help identify the areas of anomalous gold and associated trace elements that are typical of the 'Long Canyon' gold exploration projects to date. These samples and additional geological and geochemical analysis will identify possible 'high target areas' for IP work and assist in targeting potential drill sites on these properties.
The exploration will also include a detailed geological report defining further exploration programs and permitting requirements to move forward into a full scale drill program by late summer 2009. The exploration data gathered and the drill results will be valuable information for the company to proceed with a major drill program on these lease claims controlled by BRYN Resources located in the heart of this newly discovered 'Long Canyon Gold Trend' area in the Pequop Mountains of east central Nevada.
BRYN Resources Inc (BRYN) is focused primarily on exploration and development of mineral resources. The company is also proceeding to acquire additional claims with the JV exploration partner in this high value gold target area on a continuing basis.
Forward-looking statements in this release are made pursuant to the 'safe harbor' provisions of the Private Securities Litigation Reform Act of 1995. Investors are cautioned that such forward-looking statements involve risks and uncertainties, including without limitation, continued acceptance of the Company's products, increased levels of competition for the Company, new products and technological changes, the Company's dependence on third-party suppliers, and other risks detailed from time to time in the Company's periodic reports filed with the Securities and Exchange Commission.
SOURCE Bryn Resources
Source: PR Newswire (July 7, 2009 - 8:45 AM EDT)
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