Post by Franko10 ™ on Jun 1, 2005 9:07:09 GMT -5
J-Pacific Completes Airborne Survey at Montgolfier Project
10:00 EDT Wednesday, June 01, 2005
VANCOUVER, BRITISH COLUMBIA--(CCNMatthews - June 1, 2005) - J-Pacific Gold Inc. (J-Pacific) (TSX VENTURE:JPN)(OTCBB:JPNJF) is pleased to announce that a 150 square kilometre airborne geophysical survey contracted to Fugro Airborne Surveys over the Montgolfier Project in March has been completed. The high-resolution magnetic and electromagnetic data over the project area, which is covered by thick glacial till, is expected shortly, and will help refine the structural and geological interpretation of the property, and will help to identify and prioritize drill targets for testing next winter.
The property consists of 127 staked claims and 50 map designated cells totalling 4,823 hectares, located in Montgolfier and Orvilliers townships in northwestern Quebec. The Montgolfier project is located approximately 35 kilometres east and along strike from the Casa Berardi Mine where Aurizon Mines Ltd. has outlined 1,2000,000 ounces of gold in the indicated category grading 6.8g Au/t and 1,600,000 inferred ounces at a grade of 7.2g Au/t (Source Aurizon website: http://www.aurizon.com).
The Montgolfier Project straddles approximately 23 kilometres of the strike length of the Casa Berardi fault and is underlain by geology similar to that of Aurizon's Casa Berardi Mine Project. Since acquiring the Montgolfier Project, J-Pacific has been compiling historical work and has developed local models for gold mineralization. Additional information on the Montgolfier Project can be found in a technical report entitled, "Summary Report, Montgolfier Project, Casa Berardi Region, Quebec" by SRK Consulting, which has been filed on SEDAR, and is available on the J-Pacific website at: jpgold.com/our_properties/montgolfier/
Jean-Francois Couture, P.Geo. of SRK Consulting, a qualified person as defined by NI 43-101, was retained to manage the exploration program.
On behalf of the Board of Directors,
N. Ferris, President and CEO
FOR FURTHER INFORMATION PLEASE CONTACT:
J-Pacific Gold Inc.
Investor Relations
(604) 684-6677 or 1-888-236-5200
(604) 684-6678 (FAX)
ir@jpgold.com
www.jpgold.com
The TSX Venture Exchange has neither approved nor disapproved the information contained herein.
10:00 EDT Wednesday, June 01, 2005
VANCOUVER, BRITISH COLUMBIA--(CCNMatthews - June 1, 2005) - J-Pacific Gold Inc. (J-Pacific) (TSX VENTURE:JPN)(OTCBB:JPNJF) is pleased to announce that a 150 square kilometre airborne geophysical survey contracted to Fugro Airborne Surveys over the Montgolfier Project in March has been completed. The high-resolution magnetic and electromagnetic data over the project area, which is covered by thick glacial till, is expected shortly, and will help refine the structural and geological interpretation of the property, and will help to identify and prioritize drill targets for testing next winter.
The property consists of 127 staked claims and 50 map designated cells totalling 4,823 hectares, located in Montgolfier and Orvilliers townships in northwestern Quebec. The Montgolfier project is located approximately 35 kilometres east and along strike from the Casa Berardi Mine where Aurizon Mines Ltd. has outlined 1,2000,000 ounces of gold in the indicated category grading 6.8g Au/t and 1,600,000 inferred ounces at a grade of 7.2g Au/t (Source Aurizon website: http://www.aurizon.com).
The Montgolfier Project straddles approximately 23 kilometres of the strike length of the Casa Berardi fault and is underlain by geology similar to that of Aurizon's Casa Berardi Mine Project. Since acquiring the Montgolfier Project, J-Pacific has been compiling historical work and has developed local models for gold mineralization. Additional information on the Montgolfier Project can be found in a technical report entitled, "Summary Report, Montgolfier Project, Casa Berardi Region, Quebec" by SRK Consulting, which has been filed on SEDAR, and is available on the J-Pacific website at: jpgold.com/our_properties/montgolfier/
Jean-Francois Couture, P.Geo. of SRK Consulting, a qualified person as defined by NI 43-101, was retained to manage the exploration program.
On behalf of the Board of Directors,
N. Ferris, President and CEO
FOR FURTHER INFORMATION PLEASE CONTACT:
J-Pacific Gold Inc.
Investor Relations
(604) 684-6677 or 1-888-236-5200
(604) 684-6678 (FAX)
ir@jpgold.com
www.jpgold.com
The TSX Venture Exchange has neither approved nor disapproved the information contained herein.