TORONTO, Feb. 23 /PRNewswire-FirstCall/ -- Bryn Resources Inc (Pinksheets: BRYN) (Pinksheets: BRYN.PK) announces the company has acquired a 50% undivided interest in an additional 27 twenty acre BLM mineral lease claims called the Pequop Gold #1 - #27 Claims by the companies' agreement with the JV exploration partner. These claims comprising 540 acres are located approximately 8 miles to the SW of the Ace and Ore Claims and two miles east of the Golden Eagle Claims previously acquired by the company. The Pequop Gold Claims adjoin the properties now being drilled by the Fronteer (FRG)/AuEx Ventures Inc. (AUXVF) joint venture, called the Long Canyon Project on the east side of the Pequop Mountains just over the ridge from their West Pequop Mountain Project JV with Agnico-Eagle (AEM) in east central Nevada. The Fronteer JV Group has drilled over 35,000 feet of core and reverse circulation drilling here on the Long Canyon Project. Announcements this spring defined a potential minimum one million ounce gold ore body to date with open extension over a mile and a half to the north, south and west of the original soil gold anomaly targets. Some of the drill holes recorded values of over 75 feet of .391 ounces of gold per ton and shorter intercepts from .763 ounces per ton to as high as 1.231 ounces of gold per ton. The results of their aggressive continuing drill programs here have resulted in a company executive stating: "These new assay results in hole 63C at the Main Zone of Long Canyon are outstanding and the shallow depth and the oxidized character of the mineralization, make Long Canyon truly an exciting discovery". Complete drill results and data for the area can be found on the Fronteer Development Group and the AuEx Ventures Inc. web sites. All three companies have announced major financing proposals to continue their drilling and exploration programs on these exciting new gold discoveries. The Bryn Resources Inc Pequop Gold Claims adjoin the Long Canyon Project. These claims as well as the Golden Eagle Claims adjoining the AuEx/Agnico Eagle West Pequop Project along with the Ace and Ore Claims adjoining the Fronteer/AuEx Tug/KB Project comprise 1,980 acres of prime gold exploration targets in the heart of this new Carlin Type gold discovery area of east central Nevada. BRYN Resources Inc (BRYN) is focused primarily on exploration and development of mineral resources and is currently arranging for the necessary capital to provide for the expenditures of surface sampling, assay work, IP work and further exploration requirements to define potential drill targets on the 1,980 acres of the Pequop Gold, Golden Eagle, Ace and Ore Claims this summer. 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. For more information on Bryn Resources Inc, please visit http://www.brynresources.com/ 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. DATASOURCE: Bryn Resources CONTACT: Bryn Resources Inc, Paul Diana, (416) 347-6548

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