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JNR Resources

Publié le 28 février 2008

Provides Further Update on Athabasca Basin Exploration Activities

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Mots clés associés :   Cobalt | Copper | Nickel | Uranium | Zinc |
======================================================================
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
======================================================================
.

JNR Resources

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JNR est une société d’exploration minière d'argent et d'or basée au Canada.

JNR détient divers projets d'exploration au Canada.

Ses principaux projets en exploration sont 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 et NEWNHAM au Canada.

JNR est cotée au Canada, aux Etats-Unis D'Amerique et en Allemagne. Sa capitalisation boursière aujourd'hui est 11,5 millions CA$ (11,4 millions US$, 8,4 millions €).

La valeur de son action a atteint son plus bas niveau récent le 31 décembre 2003 à 0,03 CA$, et son plus haut niveau récent le 31 décembre 2007 à 4,50 CA$.

JNR possède 114 620 000 actions en circulation.

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Financements de JNR Resources
06/11/2012Announces $3.0 Million Financing
07/05/2012Announces Closing of Private Placement
18/04/2012Announces Private Placement
14/03/2011Announces Closing of $2,810,000 Private Placement
24/02/2011JNR Announces $ 3.000.000 Private Placement
12/08/2010Increases Private Placement
12/11/2009Announces Closing of Private Placement
23/10/2009Private Placement
20/07/2009Increases Private Placement
30/12/2008Announces Closing Of Private Placement
19/12/2008Announces Private Placement
Attributions d'options de JNR Resources
16/08/2010Granting of Stock Options/Directors Re-elected
16/02/2008Announces Granting of Stock Options
Nominations de JNR Resources
22/10/2012Announces Re-Election of Directors and Planning of 2013 Prog...
15/02/2011Announces Appointment of Dave Billard, P.Geo. as Chief Opera...
16/05/2007Announces Appointment of New Director and Officers
Projets de JNR Resources
11/05/2012Commences Spring Drilling Program at Black Lake Uranium Proj...
06/10/2011(Topsails)/Altius Commence 2011 Fall Exploration Program at Topsails P...
18/08/2011Commences 2011 Summer Drilling Program at Snowbird Uranium P...
21/07/2011(Way Lake)Extends Areas of Uranium Mineralization at Way Lake
27/04/2011(Moore Lake)Announces Results of 2011 Moore Lake Winter Diamond Drilling...
30/03/2011(Way Lake)Commences 2011 Drilling Program at Way Lake Uranium Project
09/03/2011(Newnham)Completes Airborne Gravity Survey on the Newnham Lake Proper...
03/03/2011(Lazy Edward Bay)Completes Airborne Gravity Survey on the Lazy Edward Bay Pro...
22/12/2010(Moore Lake)Announces 2011 Winter Exploration Programs
17/06/2010(Way Lake)Extends Uranium Mineralization
20/04/2010(Way Lake)Completion of 2010 Drilling Program at Way Lake Uranium Proj...
07/04/2010(South Dufferin)Results of Airborne Surveys on the Snowbird-South Dufferin P...
14/01/2010(Way Lake)2010 Drilling Program at Way Lake Uranium Project
18/12/2009(Topsails)/Altius Discover Rare Earth Metals and Uranium-Thorium Miner...
30/11/2009(Topsails)Altius Discover Cu-Mo-Au-Ag Mineralization at Topsails
09/09/2009(Rocky Brook)Drilling Underway at Rocky Brook Uranium Project
21/07/2009(Topsails)Provides Exploration Update on Topsails Uranium Project, New...
16/07/2009(Way Lake)Intersects Uranium/Thorium Mineralization at Way Lake
14/05/2009(Rocky Brook)Earns 70% Interest in Rocky Brook Project -- Exploration Con...
27/02/2009(Way Lake)Provides Remaining 2008 Drilling Results from Way Lake
20/02/2009(Way Lake)Announces Drilling Program Underway at Way Lake Uranium Proj...
14/11/2008(Way Lake)Discovers New Mineralized Zones on Way Lake Uranium Project
25/08/2008(South Fork)Announces Drilling Results at South Fork Uranium Project
09/07/2008(Way Lake)Takes Delivery of Third Drill; Two Drills Active at Way Lake
12/05/2008(Way Lake)Announces Drilling Program Underway at Way Lake
09/04/2008(Crackingstone)Announces Results of Airborne Surveys on the Black Lake & Cr...
19/03/2008(Way Lake) Announces Results of 2007 Way Lake Exploration Program
28/02/2008(Moore Lake) Provides Further Update on Athabasca Basin Exploration Acti...
12/02/2008(South Fork) Announces Drilling Program on South Fork Uranium Project, S...
20/09/2007(Bell Lake)Announces Drilling Program Underway at Bell Lake
18/09/2007(Crackingstone)Airborne Surveys on the Crackingstone, Black Lake & Newnham ...
Communiqués de Presse de JNR Resources
14/11/2012Announces Agreement to be Acquired by Denison Mines Corp.
13/08/2012(Way Lake)Announces an Inferred Mineral Resource Estimate for the Fras...
13/06/2012Announces Drilling Results at Black Lake Uranium Project
03/02/2012Provides Update on 2012 Athabasca Basin Exploration Activiti...
07/10/2011Announces Granting of Stock Options/Directors Re-Elected
29/06/2011Continues to Develop 3D Exploration Models to Target New Ura...
04/05/2011(Way Lake)Intersects New Area of Uranium Mineralization on Way Lake Ur...
06/07/2010RB Milestone Initiates Coverage of JNR Resources Inc.
03/02/2009Announces Proposed Conversion Of Preferred Shares
25/11/2008San Francisco Hard Assets Investment Conference
29/08/2008Provides Update on Newfoundland Uranium Exploration
21/08/2008Provides Update on Athabasca Basin Drilling Programs
15/05/2008Provides Update on Newfoundland Uranium Exploration
26/02/2008 Announces Further 2008 Exploration Activities
21/01/2008 Announces 2008 Winter Exploration Programs Underway
20/12/2007JNR Updates Progress on Newfoundland Uranium Projects.
19/12/2007 Announces Drilling Programs for 2008
01/11/2007 Announces Completion of 2007 Way Lake Exploration Program
30/10/2007 Announces Purchase of Two Diamond Drills
03/10/2007 and Altius Form Uranium Exploration Alliance
12/09/2007Announces Airborne Survey Underway on South Fork Uranium Pro...
21/08/2007 and Altius Resume Uranium Exploration at Rocky Brook
14/05/2007to Option South Fork Project to Uranium Power Corporation
22/03/2007Announces Closing of $16 Million Financing
26/02/2007Announces $15 Million Financing
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