Chart usGOLD   Chart usSILVER  
 
Food for thought
The new generation has to hear what the older generation refuses to tell it
Simon Wisenthal  
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 97-3
CURRENCIES (€)
AUS $ 1.3402
CAN $ 1.3332
US $ 1.2932
GBP (£) 0.8548
Sw Fr 1.2430
YEN 130.7400
CURRENCIES ($)
AUS $ 1.0339
CAN $ 1.0320
Euro 0.7733
GBP (£) 0.6612
Sw Fr 0.9607
YEN 101.0500
RATIOS & INDEXES
Gold / Silver61.99
Gold / Oil14.77
Dowjones / Gold11.04
COMMODITIES
Copper 3.29-0.01
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 Discovers Significant Base Metal Mineralization on its 100% owned Yurchison Lake Property

 



Saskatoon, SK, December 13, 2010 - JNR Resources Inc. (TSX:JNN) (the 'Company') is pleased to announce the results from additional sampling carried out during the summer of 2010 on drill core from holes drilled in 2008 on the company's 100% owned Yurchison Lake property. The sampling was carried out to confirm the presence of base metal mineralization that was visually and geochemically identified during the 2008 exploration program.

Significant zinc (Zn) and copper (Cu) mineralization was confirmed in six of the 13 drill holes completed on the project. Several broad intervals of Zn mineralization were identified in holes YL-08-102, YL-08-105 and YL-08-107 to YL-08-110. The most significant results from these holes include: an 18.5-m interval of 0.08% ppm Zn (up to 0.40% over 0.5 m) in YL-08-109; a 5.5-m interval of 0.54% Zn, including 0.73% Zn over 3 m in YL-08-108; and a 4.5-m zone of 0.08% Zn in YL-08-110. In addition, two 1.0-m intervals of significant Cu mineralization (1.78% Cu and 0.37% Cu), associated with faulting was encountered in YL-08-102. Previously completed airborne GEOTEM surveys have defined conductive trends possibly associated with this base metal mineralization on the Yurchison Lake project and will be the focus of future drill programs.

The following table summarizes the most significant base metal mineralization in the 2008 Yurchison Lake drill holes.

Hole

>From

To

Width (m)

%Zn (%Cu)

YL-08-102

91.0

92.0

1.0

0.14

YL-08-105

73.0

74.0

1.0

1.78 Cu

YL-08-105

89.5

90.5

1.0

0.37 Cu

YL-08-107

199.5

217.0

17.5

0.08

incl.

202.5

205.0

2.5

0.10

incl.

209.5

210.0

0.5

0.15

incl.

211.5

212.0

0.5

0.40

incl.

215.0

217.0

2.5

0.17

YL-08-108

19.0

24.5

5.5

0.53

incl.

21.2

24.0

2.8

0.73

YL-08-109

48.0

66.5

18.5

0.10

incl.

63.0

66.5

3.5

0.29

YL-08-109

81.0

86.5

5.5

0.20

YL-08-109

88.5

94.0

5.5

0.17

YL-08-109

106.6

112.0

5.4

0.09

incl.

106.6

109.0

2.4

0.15

YL-08-109

171.0

179.0

8.0

0.20

YL-08-109

208.5

210.5

2.0

0.03

YL-08-110

231.5

236.0

4.5

0.08

incl.

232.5

234.5

2.0

0.11

YL-08-110

239.0

242.0

3.0

0.15

YL-08-110

245.0

251.0

6.0

0.06


All Zn mineralization has corresponding lead enrichment and is associated with locally faulted and sheared metasedimentary rocks of the Wollaston Group, similar to those at the George Lake deposit (13 million tons of 2.76% percent zinc and 0.36 percent lead) located approximately 15 km to the northeast. Recent work by Wildcat Exploration at their Sito Lake project 160 km, along strike to the southwest, has illustrated stratigraphic similarities to the large Broken Hill base metals deposits of Australia.

JNR Resources Inc. is a junior uranium exploration company with mineral properties in the provinces of Saskatchewan and Newfoundland. JNR is led by a highly experienced management team with proven discovery success in uranium as well as precious and base metal exploration. The company has a varied interest in several prospective uranium properties in the Athabasca Basin of northern Saskatchewan that have been and will continue to be the focal point of JNR's exploration efforts.

JNR's Chief Geochemist, Ken Wasyliuk, P.Geo., is the qualified person responsible for the technical data presented in this release. Widths presented in the preceding table represent down hole core lengths; true widths cannot be reliably estimated at this time. Samples were analysed at the Saskatchewan Research Council Laboratory in Saskatoon, an ISO/IEC 17025:2005 accredited facility. 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

Website:
www.jnrresources.com

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.



 

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