BRYN Resources Inc. announced the company has entered into an LOI with an exploration company to acquire an undivided 50% interest in 15 BLM mineral lease claims adjoining the famous Phoenix Gold Mine Project south of Battle Mountain, Nevada. Newmont Mining Company owns the majority interest and operates the massive open pit mining operations at the Phoenix Mining Project, the largest mining operation in the USA. Newmont has announced a progressive drill program to expand their gold and base metals reserves here at the Phoenix Project and the 15 claims enjoined in this LOI are located on the immediate Net side of the main Phoenix open pit operations. To extend any drill reserve operations to the Net in this location, these 15 claims of 300 acres lie directly and immediately in that extension direction.

Bryn Resources Inc. announces a project plan to commence in the summer of 2009 for the exploration of the company's gold mineral lease claims in the Long Canyon Gold Trend area of Nevada. This exploration program includes contracting an independent geologist and survey team to perform a detailed mapping program of these claims. The surface mapping project will also include the collection of numerous surface samples for geochemical testing and assays at Chemex Labs in Elko, Nevada. These samples will be collected from enriched mineralized surface stream sediments, ridge and spur soil sampling, detailed soil sampling grids and selective rock chip sampling of exceptional mineralized outcrops to help identify the areas of anomalous gold and associated trace elements that are typical of the 'Long Canyon' gold exploration projects to date. These samples and additional geological and geochemical analysis will identify possible 'high target areas' for IP work and assist in targeting potential drill sites on these properties. The exploration will also include a detailed geological report defining further exploration programs and permitting requirements to move forward into a full scale drill program by late summer 2009. The exploration data gathered and the drill results will be valuable information for the company to proceed with a major drill program on these lease claims controlled by BRYN Resources located in the heart of this newly discovered 'Long Canyon Gold Trend' area in the Pequop Mountains of east central Nevada.

Bryn Resources Inc. announced the company has entered into an LOI with an exploration company to acquire an undivided 50% interest in 15 BLM mineral lease claims adjoining the Phoenix Gold Mine Project south of Battle Mountain, Nevada. Newmont Mining Company owns the majority interest and operates the massive open pit mining operations at the Phoenix Mining Project. Newmont has announced a progressive drill program to expand their gold and base metals reserves here at the Phoenix Project and the 15 claims enjoined in this LOI are located on the immediate Net side of the main Phoenix open pit operations. To extend any drill reserve operations to the Net in this location, these 15 claims of 300 acres lie directly and immediately in that extension direction. BRYN believes that this LOI to acquire the undivided 50% interest in these exceptional claims will be of significant benefit to the company in the event Newmont determines to negotiate any agreement for the rights to explore, drill or mine the reserves on these 15 claims adjoining their current Phoenix Gold Mining Operations.