JNR Resources

Published : August 21st, 2007

and Altius Resume Uranium Exploration at Rocky Brook

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Keywords :   Canada | Copper | Diamond | Silver | Uranium |
======================================================================
Re: News Releases - Tuesday, August 21, 2007
JNR and Altius Resume Uranium Exploration at Rocky Brook
======================================================================

Saskatoon, SK, August 21 - JNR Resources Inc. (TSXV:JNN) and Altius
Minerals Corporation; jointly the "Companies" are pleased to report on
the results of the 2006 exploration program and announce that the 2007
Diamond drilling program on the Rocky Brook uranium property is
underway. Located in western Newfoundland, Canada, exploration at Rocky
Brook is focused on the discovery of bedrock sources for two discrete
high-grade boulder clusters in glacial till, with reported historical
assays ranging from 1% to more than 10% U3O8 as well as very high-grade
silver contents.

The 2006 Diamond drilling program was carried out between July and
December and consisted of 65 holes totalling 2,881 metres. Highlights
include the best mineralization intersected to date on the property, in
two holes located approximately 50 metres east of the Wigwam Brook
boulder field and within a broad 700-metre long drill-defined
radioactive bedrock anomaly. The anomalous radioactivity appears to be
stratigraphically controlled and occurs within a hematized sandstone
unit bounded by interpreted reverse faults. RB-06-117 intersected a
grade equivalent (downhole-probe result) of 0.54% U3O8 over 0.10 metre
within a 0.4-metre interval that assayed 0.075% U3O8 and 4.4 ppm
silver. Fifty metres to the south, RB-06-127 intersected a 0.5-metre
interval of 0.080% U3O8, 1030 ppm copper and 2.2 ppm silver. Both
intersections occur at shallow depths just below the overburden/bedrock
interface. Other significant mineralization intersected in the Wigwam
Brook area includes a 0.5-metre interval in RB-06-126, located 10
metres east of hole RB-06-117, that assayed 0.021% U3O8, 900 ppm copper
and 5.2 ppm silver.

Anomalous radioactivity was encountered in several holes drilled
immediately northwest of the Birchy Hill Brook boulder anomaly. The
radioactive zones occurred immediately below the overburden/bedrock
interface and are associated with hematized sandstone and mudstone
units. The drill holes tested a prominent magnetic lineament,
interpreted cross structures and a colour-defined redox boundary.

The 2006 airborne geophysical program was completed in July 2006 and
consisted of approximately 1,200 line kilometres of radiometric,
magnetic and electromagnetic surveying over the Rocky Brook claims. The
program identified several prominent magnetic and radiometric anomalies
in the areas of the historic Wigwam Brook, Birchy Hill Brook and Goose
prospects, as well as a number of anomalous zones elsewhere. The
radiometric survey proved to be the most effective in locating and
extending a number of radioactive boulder trains.

The planned 2007 exploration program is budgeted at just over $600,000
and includes 3,000 metres of Diamond drilling and a nominal amount of
trenching. The drilling program will focus on the Wigwam Brook area
where the results to date indicate a complex stratigraphic/structural
control to the mineralization and geochemical enrichment, and the
Birchy Hill Brook area. An environmentally low-impact trenching program
will be carried out in the Wigwam Brook area.

Samples were analysed at the Saskatchewan Research Council Laboratory
in Saskatoon. JNR's Vice President of Exploration, David L. Billard,
PGeo, 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

For further information contact JNR Resources at 306.382.2211 or
877.567.6463

THE TSX VENTURE EXCHANGE DOES NOT ACCEPT RESPONSIBILITY FOR THE
ADEQUACY OR ACCURACY OF THIS NEWS RELEASE.

======================================================================
Copyright (c) 2007 JNR RESOURCES INC. (JNN-TSXV) All rights reserved.
For more information visit our website at http://www.jnrresources.com/
or send mailto:info@jnrresources.com
Message sent on Mon Aug 20, 2007 at 4:50:48 PM Pacific Time
======================================================================
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JNR Resources

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JNR is a silver and gold exploration company based in Canada.

JNR holds various exploration projects in Canada.

Its main exploration properties are BELL LAKE, PENDLETON LAKE, KELIC LAKE, NORTH WEDGE, SOUTH DUFFERIN, SNOWBIRD PROPERTY, YURCHISON LAKE, TOPSAILS, SOUTH FORK, CRACKINGSTONE, MOORE LAKE, ROCKY BROOK, SOUTH CIGAR, LAZY EDWARD BAY, WAY LAKE, BLACK LAKE PROPERTY and NEWNHAM in Canada.

JNR is listed in Canada, in Germany and in United States of America. Its market capitalisation is CA$ 11.5 millions as of today (US$ 11.4 millions, € 8.4 millions).

Its stock quote reached its lowest recent point on December 31, 2003 at CA$ 0.03, and its highest recent level on December 31, 2007 at CA$ 4.50.

JNR has 114 620 000 shares outstanding.

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Financings of JNR Resources
11/6/2012Announces $3.0 Million Financing
5/7/2012Announces Closing of Private Placement
4/18/2012Announces Private Placement
3/14/2011Announces Closing of $2,810,000 Private Placement
2/24/2011JNR Announces $ 3.000.000 Private Placement
8/12/2010Increases Private Placement
11/12/2009Announces Closing of Private Placement
10/23/2009Private Placement
7/20/2009Increases Private Placement
12/30/2008Announces Closing Of Private Placement
12/19/2008Announces Private Placement
Option Grants of JNR Resources
8/16/2010Granting of Stock Options/Directors Re-elected
2/16/2008Announces Granting of Stock Options
Nominations of JNR Resources
10/22/2012Announces Re-Election of Directors and Planning of 2013 Prog...
2/15/2011Announces Appointment of Dave Billard, P.Geo. as Chief Opera...
5/16/2007Announces Appointment of New Director and Officers
Project news of JNR Resources
5/11/2012Commences Spring Drilling Program at Black Lake Uranium Proj...
10/6/2011(Topsails)/Altius Commence 2011 Fall Exploration Program at Topsails P...
8/18/2011Commences 2011 Summer Drilling Program at Snowbird Uranium P...
7/21/2011(Way Lake)Extends Areas of Uranium Mineralization at Way Lake
4/27/2011(Moore Lake)Announces Results of 2011 Moore Lake Winter Diamond Drilling...
3/30/2011(Way Lake)Commences 2011 Drilling Program at Way Lake Uranium Project
3/9/2011(Newnham)Completes Airborne Gravity Survey on the Newnham Lake Proper...
3/3/2011(Lazy Edward Bay)Completes Airborne Gravity Survey on the Lazy Edward Bay Pro...
12/22/2010(Moore Lake)Announces 2011 Winter Exploration Programs
6/17/2010(Way Lake)Extends Uranium Mineralization
4/20/2010(Way Lake)Completion of 2010 Drilling Program at Way Lake Uranium Proj...
4/7/2010(South Dufferin)Results of Airborne Surveys on the Snowbird-South Dufferin P...
1/14/2010(Way Lake)2010 Drilling Program at Way Lake Uranium Project
12/18/2009(Topsails)/Altius Discover Rare Earth Metals and Uranium-Thorium Miner...
11/30/2009(Topsails)Altius Discover Cu-Mo-Au-Ag Mineralization at Topsails
9/9/2009(Rocky Brook)Drilling Underway at Rocky Brook Uranium Project
7/21/2009(Topsails)Provides Exploration Update on Topsails Uranium Project, New...
7/16/2009(Way Lake)Intersects Uranium/Thorium Mineralization at Way Lake
5/14/2009(Rocky Brook)Earns 70% Interest in Rocky Brook Project -- Exploration Con...
2/27/2009(Way Lake)Provides Remaining 2008 Drilling Results from Way Lake
2/20/2009(Way Lake)Announces Drilling Program Underway at Way Lake Uranium Proj...
11/14/2008(Way Lake)Discovers New Mineralized Zones on Way Lake Uranium Project
8/25/2008(South Fork)Announces Drilling Results at South Fork Uranium Project
7/9/2008(Way Lake)Takes Delivery of Third Drill; Two Drills Active at Way Lake
5/12/2008(Way Lake)Announces Drilling Program Underway at Way Lake
4/9/2008(Crackingstone)Announces Results of Airborne Surveys on the Black Lake & Cr...
3/19/2008(Way Lake) Announces Results of 2007 Way Lake Exploration Program
2/28/2008(Moore Lake) Provides Further Update on Athabasca Basin Exploration Acti...
2/12/2008(South Fork) Announces Drilling Program on South Fork Uranium Project, S...
9/20/2007(Bell Lake)Announces Drilling Program Underway at Bell Lake
9/18/2007(Crackingstone)Airborne Surveys on the Crackingstone, Black Lake & Newnham ...
Corporate news of JNR Resources
11/14/2012Announces Agreement to be Acquired by Denison Mines Corp.
8/13/2012(Way Lake)Announces an Inferred Mineral Resource Estimate for the Fras...
6/13/2012Announces Drilling Results at Black Lake Uranium Project
2/3/2012Provides Update on 2012 Athabasca Basin Exploration Activiti...
10/7/2011Announces Granting of Stock Options/Directors Re-Elected
6/29/2011Continues to Develop 3D Exploration Models to Target New Ura...
5/4/2011(Way Lake)Intersects New Area of Uranium Mineralization on Way Lake Ur...
7/6/2010RB Milestone Initiates Coverage of JNR Resources Inc.
2/3/2009Announces Proposed Conversion Of Preferred Shares
11/25/2008San Francisco Hard Assets Investment Conference
8/29/2008Provides Update on Newfoundland Uranium Exploration
8/21/2008Provides Update on Athabasca Basin Drilling Programs
5/15/2008Provides Update on Newfoundland Uranium Exploration
2/26/2008 Announces Further 2008 Exploration Activities
1/21/2008 Announces 2008 Winter Exploration Programs Underway
12/20/2007JNR Updates Progress on Newfoundland Uranium Projects.
12/19/2007 Announces Drilling Programs for 2008
11/1/2007 Announces Completion of 2007 Way Lake Exploration Program
10/30/2007 Announces Purchase of Two Diamond Drills
10/3/2007 and Altius Form Uranium Exploration Alliance
9/12/2007Announces Airborne Survey Underway on South Fork Uranium Pro...
8/21/2007 and Altius Resume Uranium Exploration at Rocky Brook
5/14/2007to Option South Fork Project to Uranium Power Corporation
3/22/2007Announces Closing of $16 Million Financing
2/26/2007Announces $15 Million Financing
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