TORONTO, Jan. 9 /PRNewswire-FirstCall/ -- Bryn Resources (Pink Sheets: "BRYN") is pleased to announce the following: Bryn Resources announces the company has entered into an agreement with a gold exploration JV partner to acquire an undivided 50% interest in 42 twenty acre BLM gold mineral lease claims located in the newly discovered 'Carlin Gold Trend Type' deposits in east central Nevada. These 42 claims called the 'Ace and Ore Claims' comprising 840 acres are located in the heart of the extensive gold exploration drilling projects now conducted by NewWest Gold, recently acquired by Fronteer Development Group (FRG), now in Joint Venture with AuEx Ventures Inc. (AUXVF). The Fronteer and AuEx Joint Venture has completed over 30,000 feet of drilling on their properties adjoining these claims held by BRYN Resources. The drill results now define a Main Zone of gold mineralization extending over 4000 feet with extensions open to the northeast, west and southwest well beyond the limits of the original soil gold anomaly. Fronteer and AuEx Ventures have recently announced a second major funding to significantly expand their exploration drill programs in this new gold discovery area of Nevada. The results of this exploration has now brought majors into the area as Carlin Gold Corporation has entered into a JV agreement with Piedmont Mining Company for joint exploration here and American Barrick is now drilling on their properties located just to the north east of the BRYN claims. The Ace and Ore Claims contain old mine workings with gold and silver veins. These mines were shut down due to WW11 but were an excellent indication of the mineralization of precious metals in the Pequop Mountains of Nevada. BRYN Resources has an option with the exploration JV partner to acquire an interest in additional gold mineral lease claims also strategically located in the heart of this highly active, newly discovered gold exploration area of Nevada. 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: Paul Diana, (416) 347-6548

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