Over the 2012-2013 winter season, Turnberry and Eagle Plains staked a total of 334.38 hectares of ground surrounding the existing Wildhorse tenures, bringing the total surface area to 689.61 hectares. This newly-acquired ground expands the potential for both the Sedimentary Hosted Copper and Intrusion Related Gold targets.
2012 Program Details
Drill-site supervision and project management was provided by A.A. Higgs, of TerraLogic Exploration Ltd., a wholly-owned subsidiary of Eagle Plains based in Cranbrook, B.C. Contact diamond drilling was provided by FB and helicopter support by Bighorn Helicopters, both also of Cranbrook. The project was conducted under the overall supervision of Tim J. Termuende, hereby identified as the "Qualified Person" under National Instrument 43-101 - Standards of Disclosure for Mineral Projects.
ON BEHALF OF TURNBERRY RESOURCES LTD.
David De Witt, Chief Executive Officer and Director
This release contains certain "forward looking statements" and certain "forward-looking information" as defined under applicable Canadian and U.S. securities laws. Forward-looking statements can generally be identified by the use of forward-looking terminology such as "may", "will", "expect", "intend", "estimate", "anticipate", "believe", "continue", "plans" or similar terminology. Forward-looking statements include, but are not limited to, statements with respect to the completion of the exploration program, diamond drilling activity, the ground based geological and geochemical work and the completion of the transactions contemplated by the option agreement between Turnberry Resources Ltd. and Eagle Plains Resources Ltd. Forward-looking statements are based on forecasts of future results, estimates of amounts not yet determinable and assumptions that, while believed by management to be reasonable, are inherently subject to significant business, economic and competitive uncertainties and contingencies. Certain of the statements made herein by Turnberry Resources Ltd. are forward-looking and subject to various risks and uncertainties, both known and unknown, many of which are beyond the ability of Turnberry Resources Ltd. to control or predict.
Known and unknown factors could cause actual results to differ materially from those projected in the forward-looking statements. Forward-looking information is subject to known and unknown risks and uncertainties that may cause Turnberry Resources Ltd.'s actual results, performance or achievements may be materially different from those expressed or implied by such forward-looking information, and are developed based on assumptions about such risks, uncertainties and other factors set out here in, including but not limited to the inherent risks involved in the exploration and development of mineral properties, the uncertainties involved in interpreting drill results and other exploration data, the potential for delays in exploration or development activities, mine development and production costs, the projected life of the Company's mines, future production levels, the geology, grade and continuity of mineral deposits, the possibility that future exploration, development or mining results will not be consistent with the Company's expectations, accidents, equipment breakdowns, title matters, labor disputes or other unanticipated difficulties with or interruptions in production and operations, fluctuating metal prices, unanticipated costs and expenses, uncertainties relating to the availability and costs of financing needed in the future, the inherent uncertainty of production and cost estimates and the potential for unexpected costs and expenses, commodity price fluctuations, currency fluctuations, regulatory restrictions, including environmental regulatory restrictions and liability, competition, loss of key employees, and other related risks and uncertainties. The Company undertakes no obligation to update forward-looking information except as required by applicable law. Such forward-looking information represents management's best judgment based on information currently available. No forward-looking statement can be guaranteed and actual future results may vary materially. Accordingly, readers are advised not to place undue reliance on forward-looking statements or information.
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
Turnberry Resources Ltd.
C. Warren Beil
(604) 688-0094 (FAX)
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