Teslin River Acquires Second Copper-Gold Target in British Columbia

Jun. 21, 2010 (Filing Services Canada) -- Teslin River Resources Corp. (TLR - TSX Venture), ("Teslin" or the "Company") is pleased to announce the acquisition of the Kenny Dam Property from Strategic Metals Ltd. (TSX-V: SDM).  This property acquisition is another step in implementing the Company's new strategic mandate of focusing on copper-gold porphyry properties in the Americas.

The Kenny Dam Property is located in the Vanderhoof area of central British Columbia.  As with the Tagai Property acquisition, announced June 7, 2010, the Kenny Dam Property has been acquired from Strategic Metals Ltd. ("Strategic") by paying $50,000 on conclusion of the acquisition, $75,000 on the first year anniversary of the closing of the acquisition. Strategic completed prospecting and soil geochemical surveys on Kenny Dam in 2007. Geochemical anomalies and showings identified during 2007 were followed up with property-wide helicopter-borne VTEM and magnetic surveys in 2008.  Strategic conducted deep auger soil sampling in geochemically and geophysically prospective areas on both properties in September 2009. This sampling returned strong copper anomalies, some of which are accompanied by high gold values, on both properties. Teslin is currently reviewing data from both Kenny Dam and Tagai properties in order to develop and execute an exploration program.  It is expected that details of this program will be announced in the near future.

As part of the acquisition of Kenny Dam and Tagai, Teslin is required to incur exploration expenditures of $3,000,000 by January 31, 2013.  Additional payments totaling $1,000,000 by the end of March 2013 are also required to acquire 75% title to the properties.  A net smelter royalty of 2% is held by a third party, half of which can be purchased for $1,000,000 for either property.

"The acquisition of Kenny Dam gives Teslin another property prospective for copper and gold," stated Michael Sweatman, President and CEO of Teslin.  "I am continuing to work with the board to reach out to our collective network to identify and acquire additional copper and gold assets in North and South America."


About Teslin River Resources Corp.

Teslin River Resources Corp. holds the Rand Claims located approximately 7 kilometres southeast of Horsefly in the Cariboo region of central British Columbia.  Based on the reported work and drilling by surrounding operators, the area is considered prospective for a large copper-gold porphyry body.  Neighboring properties held by Fjordland Exploration Inc. (FEX:TSX-V) and Cariboo Resources Ltd. (CRB:TSX-V) are currently the subject of significant exploration including drilling by Gold Fields Limited (GFI:NYSE) under an option agreement.  


ON BEHALF OF THE BOARD

"Michael Sweatman"

Michael Sweatman,
President and CEO

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

TESLIN RIVER RESOURCES CORP.

408-837 West Hastings Street
Vancouver, BC, V6C 3N6
Telephone: (604) 684-6264
Facsimile: (604) 684-6242




Source: Teslin River Resources Corp. (TLR - TSX.V)
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