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Teslin River Resources Corp. (TSX VENTURE: TLR) ("Teslin" or the "Company") is pleased to report that it has executed a definitive Option and Joint Venture Exploration Agreement regarding an option granted to Gold Fields Horsefly Exploration Corporation (Gold Fields), a member of the Gold Fields Limited group of companies (JSE: GFI)(NYSE: GFI)(NASDAQ: GFI)(DUBAI: GFI), to earn up to an 80% interest in the Rand properties. (See press release dated September 8, 2010).

Teslin River Resources Corp. (TSX VENTURE:TLR) ("Teslin" or the "Company") is pleased to report that it has executed a definitive Option and Joint Venture Exploration Agreement regarding an option granted to Gold Fields Horsefly Exploration Corporation (Gold Fields), a member of the Gold Fields Limited group of companies (JSE:GFI)(NYSE:GFI)(NASDAQ:GFI)(DUBAI:GFI), to earn up to an 80% interest in the Rand properties. (See press release dated September 8, 2010).

Gold Fields (NYSE:GFI) closed Monday's calm trading session at $12.86. In the past year, the stock has hit a 52-week low of $11.71 and 52-week high of $18.49. Gold Fields (GFI) stock has been showing support around $12.65 and resistance in the $13.05 range. Technical indicators for the stock are Bearish. For a hedged play on Gold Fields (GFI), look at the Apr '13 $12.00 covered call for a net debit in the $11.11 area. That is also the break-even stock price for this trade. This covered call has a duration of 214 days, provides 13.61% downside protection and an assigned return rate of 8.01% for an annualized return rate of 13.66% (for comparison purposes only). Gold Fields (GFI) has a current annual dividend yield of 3.82%.