Bryn Resources Inc Commenced Drilling Program on Windflower Property
01 December 2009 - 12:45AM
PR Newswire (US)
TORONTO, Nov. 30 /PRNewswire-FirstCall/ -- Bryn Resources Inc
(PINKSHEETS: BRYN) (PINKSHEETS: BRYN.PK) is pleased to announce
that the drilling program in respect of the Windflower Property has
commenced with the dispatching of the drilling crew to the site
this past weekend. Bryn Resources has confirmed with its LOI
partner Cayenne that drilling at the site will commence in the next
few days and an announcement in respect of the particulars of the
program will be released jointly between Bryn Resources and Cayenne
this coming week. The drilling program is in furtherance of the LOI
entered into between Bryn Resources and Cayenne earlier this month.
Bryn Resources can also confirm that it has scheduled meetings with
its representatives and those of Cayenne for today in order to
confirm the details of the Joint Venture agreement to be entered
into between the parties as well as negotiate other key corporate
strategies the particulars of which will be released later in the
week. Bryn Resources continues to seek other opportunities in
furtherance of its stated goal, which is to become an active mining
exploration company, and to further increase its stable of
mineralized properties in the United States and Canada.
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, products
and technological changes, the Company's dependence on third-party
suppliers, and other risks detailed from to time in the Company's
periodic reports filed with the Securities and Exchange Commission.
DATASOURCE: Bryn Resources CONTACT: Paul Diana, (416) 399-7625
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