More speculation about Placer Dome''s future


8:19p ET Monday, November 18, 2002

Dear Friend of GATA and Gold:

Thanks so much to Teryl Resources Corp. of
Richmond, B.C., Canada, and its president,
John Robertson, for becoming a corporate
sponsor of GATA. Information the company has
provided about itself is appended here.

CHRIS POWELL, Secretary/Treasurer
Gold Anti-Trust Action Committee Inc.

* * *

Teryl Resources Corp.

Gold in Alaska and Silver in British Columbia

Teryl Resources Corp. (TRC.V) is engaged in
the exploration and development of mineral
properties in North America.

Teryl's exploration focus is a series of
properties with good gold prospects in the
Fairbanks Mining Division, Alaska, near
Kinross' Fort Knox Deposit, which is reported
to contain 4 million ounces of gold and is
scheduled to produce about 440,000 ounces of
gold in 2002 from ore grading 0.03 ounces of
gold per ton.

Teryl is also active in British Columbia on a
silver property and the North West
Territories, where it has 208,000 acres of
prospective diamond terrain adjacent to
Mountain Province's new diamond discovery.

Alaskan Properties

Teryl is one of the main property owners in
the Fairbanks Mining Division around and
adjacent to Kinross' producing Fort Knox Mine
and True North property.

Teryl's properties include the Gil, West
Ridge, Fish Creek, and Stepovich properties.

Teryl's Gil property (20 percent Teryl, 80
percent Kinross) is located adjacent to the
Fort Knox mine.

To date, Teryl has spent $1.6 million on
exploration that has defined a resource of
400,000 ounces of gold (10 million tons
grading 0.04 ounces per ton gold).

The main zone that contains this resource
ranges in thickness up to 80 feet and has
been followed for more than 2,500 feet. The
zone remains open along strike and at depth.

The West Ridge property (100 percent owned by
Teryl) contains two gold zones ("East" and
"West" anomalies). Both anomalies contain
elevated gold in soil, the West
mineralization being associated with high
levels of arsenic and antimony similar to the
chemistry of gold mineralization found at
Kinross' True North deposit (616,000 ounces
of gold at 0.046 ounces per ton gold).To
date, Teryl and Kinross have spent about
$350,000 on the exploration of the West Ridge

The Fish Creek Property (50 percent owned by
Teryl by option) is located adjacent to the
north of the company's Gil Property. Elevated
gold values, identified in an auger drill
program, suggest the property may contain an
extension of the mineralized zone found on
the Gil property.

The Stepovich property is owned 100 percent
by Kinross subject to a 10 percent net profit
interest owned by Teryl. The property is
adjacent to the Fort Knox gold deposit and
could be readily available for production to
feed the Fort Knox Mill.

Teryl believes its properties in Alaska could
contain significant deposits of ore similar
to the deposit found at Fort Knox and True
North. These deposits, once defined, could be
readily put into production and processed at
Kinross' Fort Knox mill.

Other Properties

Teryl's other properties include the
Silverknife property located in the Liard
Mining Division of northern British Columbia
and the Misty Lake diamond properties located
in the Northwest Territories.

The Silverknife property (30 percent owned by
Teryl) contains a drill-indicated and
inferred resource of 400,000 tons of silver,
lead, zinc, and gold-bearing material over a
strike length of 800 feet, an average
thickness of 10 feet and a down-dip extension
of 500 feet.

The Misty Lake diamond properties contain
several kimberlite pipe targets identified by
$2.9 million of exploration completed by BHP
Billiton, De Beers, Major General, and


John Robertson, president and director, has
served as president of Teryl since 1982.
Since 1984 Robertson has been president and a
director of Reg Technologies Inc., a public
company engaged in developing a rotary engine
and other devices utilizing Rand Cam
technology, and, since 1979, he has been
president and director of LinuxWizardry
Systems Inc., a public company engaged in the
development and marketing of

Robertson is also a director and president of
IAS Communications Inc., a public company
that is developing antenna technology, as
well as president and a director of
Information Inc.

Jennifer Lorette, vice president and
director, has been vice president of Teryl
since 1997. Lorette is also a director and
vice president of REGI U.S., a director of
Reg Technologies Inc., vice president and
secretary of IAS Communications Inc., and
director and vice president of LinuxWizardry
Systems Inc.

John D. Jenks, consultant, has worked as an
independent consultant since 1979 for
companies such as Teck Corp., Esso Minerals
Canada, Metallgesellschaft Canada, and Tonto
Drilling. Prior to that he spent 10 years as
a senior geologist with Placid Oil Co., where
he was involved in exploration, mapping,
drilling, and underground evaluation. Jenks
has experience in grassroots exploration,
deposit definition/interpretation, mine
geology, property evaluations, scoping
studies, and project management, particularly
in Alaska, northern Canada, and South Africa.
Jenks graduated from McGill University with a
B.Sc. in geology and is a member of the
Association of Professional Engineers,
Geologists & Geophysicists of Alberta, the
Association of Professional Engineers of
British Columbia, and British Columbia and
Yukon Chamber of Mines.

Susanne Robertson has been a director of
Teryl since September 1990. She is also the
owner of SMR Investments Ltd., a private
company incorporated in 1979 that has
assisted in consulting and raising funds for
several public companies. She has also worked
in various positions for Royal Bank of



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Centennial Precious Metals
3033 East 1st Ave.
Suite 403
Denver, Colorado 80206
Michael Kosares, Proprietor
US (800) 869-5115
Canada 1-800-294-9462
European Union 00-800-2760-2760
Australia 0011-800-2760-2760

Colorado Gold
222 South 5th St.
Montrose, Colorado 81401
Don Stott, Proprietor

Investment Rarities Inc.
7850 Metro Parkwa
Minneapolis, Minnesota 55425
Greg Westgaard, Sales Manager
1-800-328-1860, Ext. 8889

Lee Certified Coins
P.O. Box 1045
454 Daniel Webster Highway
Merrimack, New Hampshire 03054
Ed Lee, Proprietor

Miles Frankl Ltd.
3601 Park Center Building
Suite 120
St. Louis Park, Minn. 55416
1-800-822-8080 / 952-929-1129
fax: 952-925-0143
Contacts: David Schectman,
Andy Schectman, and Bob Sichel

Resource Consultants Inc.
6139 South Rural Road
Suite 103
Tempe, Arizona 85283-2929
Pat Gorman, Proprietor
1-800-494-4149, 480-820-5877