• Samstag, 28 Dezember 2024
  • 02:02 Uhr Frankfurt
  • 01:02 Uhr London
  • 20:02 Uhr New York
  • 20:02 Uhr Toronto
  • 17:02 Uhr Vancouver
  • 12:02 Uhr Sydney

JNR Resources Inc. / Altius Resources Inc. Commence 2011 Fall Exploration Program at Topsails Project

06.10.2011  |  CNW
SASKATOON, Oct. 6, 2011 - JNR Resources Inc. (TSXV:JNN) (the 'Company') is pleased to announce the following update from the Sheffield Lake South copper (Cu) prospect on its Topsails Project in west-central Newfoundland. The Topsails project is a 50/50 alliance between the Company and Altius Resources Inc. that was established to explore for volcanic-hosted uranium deposits in a defined area of west-central Newfoundland near the mining community of Buchans.

The 2011 exploration program, budgeted at approximately $100,000, is underway. This program will be carried out on the Sheffield Lake South Cu prospect and will follow up the encouraging results obtained in 2009 and 2010. It will involve detailed prospecting, trenching, geological mapping, and sampling to further extend the area of the Sheffield Lake South prospect.

In 2009, reconnaissance prospecting resulted in the discovery of disseminated and vein-hosted Cu, Mo, Pb, and Ag mineralization (+/- Zn, U, and REE enrichment) at Sheffield Lake South, with anomalous Pb and Mo values up to 13.9% and 0.55%, respectively.

In 2010, extensive prospecting of the Sheffield Lake South area was carried out with 47 rock samples collected. The best mineralization in these samples comprises up to 3.9% Mo, 1.9% Pb, 0.36% Cu, and 95.3 g/t Ag. The 2010 soil sampling survey also returned anomalous geochemistry from 104 soil samples.

JNR is led by a highly experienced management team with proven discovery success in uranium exploration. In addition to its projects in Newfoundland, the Company has an interest in thirteen properties totalling some 323,768 hectares of highly prospective ground in the renowned Athabasca Basin of northern Saskatchewan.

JNR's Director of Exploration, Dr. Irvine R. Annesley, P.Geo., is the qualified person responsible for the technical data presented in this release. All technical information for the Company's exploration projects is obtained and reported under a formal quality assurance and quality control program, details of which are presented on the Company's website at: www.jnrresources.com/i/pdf/JNR-QAQC.pdf. A glossary of the technical terms included in this release can be found on the Company's website at: www.jnrresources.com/s/Glossary.asp.


ON BEHALF OF THE BOARD

Rick Kusmirski
President & CEO



Neither the 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 news release. Statements contained in this news release that are forward-looking statements involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of the Company to be materially different from any future results, performance or achievements expressed or implied by the forward-looking statements. Such risks and other factors include, among others, risks related to the accessibility to the property; operational risks; weather; availability of equipment and personnel; changes in project parameters as plans continue to be refined; delays in obtaining governmental approvals; delays or failure in obtaining financing on acceptable terms. Although the Company has attempted to identify important factors that could cause actual actions, events or results to differ materially from those described in forward-looking statements, there may be other factors that cause actions, events or results not to be as anticipated, estimated or intended. There can be no assurance that forward-looking statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking statements.



For further information:

JNR Resources
306.382.2211 or 877.567.6463
Email: info@jnrresources.com
Website: www.jnrresources.com
Bewerten 
A A A
PDF Versenden Drucken

Für den Inhalt des Beitrages ist allein der Autor verantwortlich bzw. die aufgeführte Quelle. Bild- oder Filmrechte liegen beim Autor/Quelle bzw. bei der vom ihm benannten Quelle. Bei Übersetzungen können Fehler nicht ausgeschlossen werden. Der vertretene Standpunkt eines Autors spiegelt generell nicht die Meinung des Webseiten-Betreibers wieder. Mittels der Veröffentlichung will dieser lediglich ein pluralistisches Meinungsbild darstellen. Direkte oder indirekte Aussagen in einem Beitrag stellen keinerlei Aufforderung zum Kauf-/Verkauf von Wertpapieren dar. Wir wehren uns gegen jede Form von Hass, Diskriminierung und Verletzung der Menschenwürde. Beachten Sie bitte auch unsere AGB/Disclaimer!



Mineninfo
JNR Resources Inc.
Bergbau
-
-
Copyright © Minenportal.de 2006-2024 | MinenPortal.de ist eine Marke von GoldSeiten.de und Mitglied der GoldSeiten Mediengruppe
Alle Angaben ohne Gewähr! Es wird keinerlei Haftung für die Richtigkeit der Angaben und der Kurse übernommen!
Informationen zur Zeitverzögerung der Kursdaten und Börsenbedingungen. Kursdaten: Data Supplied by BSB-Software.