Chart usGOLD   Chart usSILVER  
 
Food for thought
You know you’re in a bear market when people are losing money but feeling pretty good about it
Wall Street Adage  
Search for :
LATEST NEWS  :
MINING STOCKS  :
Subscribe
Write Us
Add to Google
Search on Ebay :
PRECIOUS METALS (US $)
Gold 1386.20-1.40
Silver 22.36-0.14
Platinum 1447.50-10.00
Palladium 724.00-11.00
WORLD MARKETS
DOWJONES 1530312
NASDAQ 34590
NIKKEI 14612128
ASX 4964-77
CAC 40 3957-10
DAX 8305-47
HUI 255-3
XAU 101-1
CURRENCIES (€)
AUS $ 1.3402
CAN $ 1.3332
US $ 1.2933
GBP (£) 0.8548
Sw Fr 1.2430
YEN 130.7400
CURRENCIES ($)
AUS $ 1.0339
CAN $ 1.0315
Euro 0.7732
GBP (£) 0.6612
Sw Fr 0.9607
YEN 101.0500
RATIOS & INDEXES
Gold / Silver61.99
Gold / Oil14.77
Dowjones / Gold11.04
COMMODITIES
Copper 3.27-0.03
WTI Oil 93.87-0.38
Nat. Gas 4.22-0.04
Market Indices
Metal Prices
RSS
Precious Metals
Graph Generator
Statistics by Country
Statistics by Metals
Advertise on 24hGold
Projects on Google Earth
( 0 vote, 0/5 ) Print article
     
Tweet
======================================================================
JNR Provides Further Update on Athabasca Basin Exploration
Activities
======================================================================

February 28, 2008 - JNR Resources Inc. (TSXV:JNN) (the "Company") is
pleased to provide the following update on a number of uranium projects
that are jointly held with and operated by Denison Mines Corp.
(TSX:DML). The properties are located in the Athabasca Basin of
northern Saskatchewan.

Key amongst these is the Moore Lake project, where uranium
mineralization has been intersected in several distinct areas
throughout the property, including high-grade mineralization within the
'Maverick Zone'.

The 2008 exploration program which is focusing on the Maverick trend is
underway. One drill is currently operating on the project and an
estimated 9,000 metres of diamond drilling are planned. A geophysical
program, consisting of 60 kilometres of linecutting and a ground
resistivity survey, will also be carried out.

During 2007, two separate drilling campaigns were completed on the
Moore Lake project. The winter program consisted of 21 holes totalling
7,569 metres and focused on four regional grids, while the summer/fall
program consisted of 6 holes totalling 2,315 metres and focused on
select geological and geophysical targets within the Maverick Zone.

The winter program tested targets on the West Venice, Venice, Volhoffer
and West Maverick grids. The most significant results were obtained
from the fourteen reconnaissance holes drilled on the West Venice and
Venice grids. These holes typically intersected a strongly altered
(illite and dravite) and at times structurally disrupted sandstone
column, enriched in several pathfinder elements including uranium and
boron. The basement rocks included sheared and altered graphitic
pelites that were strongly enriched in metals such as copper, nickel,
lead, cobalt, zinc, with anomalous uranium levels (up to 130 ppm). The
West Venice and Venice grids occur along a 10-kilometre long and
500-metre wide structural corridor interpreted to be an extension of
the conductive system associated with mineralization in the Maverick
Zone.

The winter program on the Moore Lake project also included 127
kilometres of linecutting and a ground EM survey over two new
prospective target areas; the 'Otter' grid & the 'Esker' grid. A
limited amount of historic drilling in these areas intersected a
structurally disrupted and geochemically anomalous sandstone column
with elevated pathfinder values in the basement lithologies. The EM
surveys identified well defined open-ended conductors that will require
additional drill testing.

Results are pending from the 2007 summer/fall program, which also
included a 2,460-kilometre airborne EM and magnetometer survey, a
nominal amount of linecutting and a resistivity survey.

Diamond drilling is also currently underway on the Bell Lake project.
The 2008 program will consist of 4 holes totalling 1,800 metres and
will test east-west trending EM conductors, some of which are
coincident with areas containing anomalous uranium in boulders. The
2008 winter program also includes 47 kilometres of linecutting and
ground geophysical surveys.

During the fall of 2007, 3 holes totalling 1,346 metres were completed
at Bell Lake. These holes tested EM conductors identified by a 160
kilometre linecutting and ground geophysical program. Geologically, the
results were encouraging in that they intersected strong alteration,
structural disruption and graphitic basement units. The analytical
results are pending.

On the North Wedge project a two-hole, 600-metre program is planned to
be carried out later this winter, while one hole totalling 400 metres
is planned for the South Cigar project.

The Company holds a 25% interest in the Moore Lake and South Cigar
projects, a 40% interest in the Bell Lake project and a 49% interest in
the North Wedge project, all of which are joint ventures with Denison.

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'

Rick Kusmirski
President & CEO

For further information contact JNR at 306.382.2211 or 877.567.6463;
info@jnrresources.com

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

======================================================================
Copyright (c) 2008 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
======================================================================
.
Tweet

JNR Resources

EXPLORATION STAGE
CODE : JNN.V
Follow and Invest
Add to watch list Add to your portfolio Add or edit a note
Email Alert Add to Watchlist Add to Portfolio Add Note
ProfileMarket
Indicators
VALUE :
Projects & res.
Press
releases
Annual
report
RISK :
Asset profile
Contact Cpy
Your feedback is appreciated, please leave a comment or rate this article.
Rate : Average note :0 (0 vote) View Top rated
 
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
12/21/2010JNR Announces Closing of $ 286.000 Private Placement
12/14/2010Increases Private Placement to $ 286,000
12/9/2010JNR Announces $ 200.000 Private Placement
9/2/2010Announces Closing of Private Placement
8/12/2010Increases Private Placement
8/4/2010Private 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
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...
1/5/2011(Topsails)/Altius Extend Mineralized Zone at the Koorae Cu-Mo-Au-Ag Pr...
12/22/2010(Bell Lake)Announces 2011 Winter Exploration Programs
12/22/2010(Moore Lake)Announces 2011 Winter Exploration Programs
12/14/2010(Topsails)/Altius Discover Additional Mineralization at the Sheffield ...
12/13/2010(Yurchison Lake)Discovers Significant Base Metal Mineralization on its 100% ...
11/1/2010(Topsails)/Altius Discover Additional Mineralization at the Koorae Cu-...
10/25/2010(Topsails)/Altius Identify Additional Copper Mineralization and Stake ...
9/28/2010(South Dufferin)Announces Completion of Airborne Gravity Survey on the Snowb...
9/23/2010(Crackingstone)Announces Completion of Airborne Gravity Survey on the Crack...
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
2/12/2008(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
2/3/2012Provides Update on 2012 Athabasca Basin Exploration Activiti...
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
Comment this article
You must be logged in to comment an article8000 characters max.
 
Sign in
User : Password : Login
Sign In Forgot password?
 
Latest comment posted for this article
Be the first to comment
Add your comment
TSX-V (JNN.V)FRANKFURT (JN2.F)
0.100+0.00%0.067-2.90%
TSX-V
CA$ 0.100
01/30 15:16 -
0%
Prev close Open
0.100 0.100
Low High
0.100 0.100
Year l/h YTD var.
0.080 -  0.120 11.11%
52 week l/h 52 week var.
0.060 -  0.120 11.11%
Volume 1 month var.
12,500 -%
24hGold TrendPower© : -8
Produces
Develops
Explores for Silver - Uranium
 
 
 
Analyse
Interactive chart Add to compare
Interactive
chart
Print Compare Export
You must be logged in to use the porfolio and watchlists (free)
TOP NEWSRELEASES
Annual variation
DateVariationHighLow
201342.86%
20120.00%0.220.06
2011-83.72%0.500.06
201059.26%0.520.13
200958.82%0.500.19
 
5 years chart
 
3 months chart
 
3 months volume chart