Saturday, February 25, 2012

BRYN Resources Inc. (Pinksheets: BRYN) just released some important news.

M2 PRESSWIRE-27 February 2009-Stockwire.com: BRYN Resources Inc. (Pinksheets: BRYN) just released some important news.(C)1994-2009 M2 COMMUNICATIONS LTD

RDATE:27022009

BRYN Resources Inc. (Pinksheets: BRYN), just announced Additional Information at Long Canyon.

A dedicated Chat Room for BRYN Resources, has been created at STOCKWIRE.com to discuss this news event.

Visit the following link to begin chatting with your fellow shareholders: http://www.stockwire.com/chat

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TORONTO -- BRYN Resources Inc. (Pinksheets: BRYN) is pleased to announce recent released information on exceptional drill results on the Long Canyon gold exploration project by Fronteer Development Group and AuEx Ventures Inc. BRYN previously reported the acquisition of an undivided 50% interest in a number of mineral lease claims adjoining these properties held by Fronteer and AuEx Ventures in this newly discovered 'Long Canyon Gold Trend' located in east central Nevada.

From the Fronteer and AuEx Ventures web sites as follows:

"The discovery, located 6.5 km (4 miles) south of the I-80 Freeway corridor in northeastern Nevada, is a deposit in an area far from the established gold trends. Long Canyon shares several characteristics with Carlin-type gold deposits."

"Characteristics of Long Canyon unusual among Carlin-type gold deposits include: gold grains in calcite veins; common association of hematite with gold mineralization; and, the property's general location outside known gold deposit trends. An initial joint venture project budget for Long Canyon of approximately US$3.9 million will see activities through to March 2009."

"...new drill results continue to intersect wide intervals of near-surface, high-grade, oxide gold mineralization at its 51%-owned and operated Long Canyon project in Nevada. Long Canyon is emerging as a high-quality gold deposit. Mineralization has been intersected over a 1.7 kilometer (1.1 mile) long strike length and across multiple zones that are collectively up to 400 meters in width. Mineralization remains open in all directions - including at depth. "

"Drill results continue to demonstrate encouraging consistency and continuity of grade. Highlights from the newly defined Shadow Zone include:

- 5.32 grams per tonne gold (0.155 ounces per ton) over 25.4 meters, including 15.29 g/t (0.446 oz/ton) over 7.6 meters, in LC160C; and - 4.04 g/t (0.118 oz/ton) over 9.1 meters, including 7.49 g/t over 1.5 meters in LC176.

- Drill highlights from the Northeast Zone include: - 9.15 g/t (0.267 oz/ton) over 14.7 meters, including 17.78 g/t (0.519 oz/ton) over 4.6 meters, in LC161C; and - 4.02 g/t (0.117 oz/ton) over 16.8 meters, including 40.53 g/t (1.183 oz/ton) over 0.5 meters, in LC139C.

A project-first, independent National Instrument 43-101 resource estimate is planned for Q1 2009. Approximately 24,700 meters in 164 holes were drilled in 2008, with assays from approximately 25 holes still pending. To date, approximately 220 holes (30,000 meters) have tested the deposit."

"These results continue to demonstrate the size potential and continuity of the Long Canyon gold system. Mineralization continues to be oxidized, shallow and is still open. The 2009 drilling program will start with numerous mineralized holes to offset, initial drilling of the large southwest extension of the original soil anomaly and of course, extension drilling to the northeast. Several new exploration targets outside of these will be drill tested as well".

A detailed discussion of all drill results can be found on the Fronteer and AuEx Ventures web sites.

BRYN Resources Inc is positioned very well with the acquisition of the company's interests here in this newly discovered 'Long Canyon Gold Trend' of Nevada.

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