Owner
Post by Franko10 ™ on Jul 12, 2005 13:36:48 GMT -5
J-Pacific Gold adds Prospective Claims at Montgolfier Project
14:29 EDT Tuesday, July 12, 2005
VANCOUVER, BRITISH COLUMBIA--(CCNMatthews - July 12, 2005) - J-Pacific Gold Inc. (J-Pacific) (TSX VENTURE:JPN)(OTCBB:JPNJF) is pleased to announce that an additional 38 cell claims have been acquired at the Montgolfier Project in the Abitibi Greenstone Belt of northwestern Quebec. These new claims extend the Montgolfier property eastward approximately 7 kilometres to protect intriguing geophysical anomalies, which were identified from a recent high-resolution magnetic and electromagnetic airborne survey completed for J-Pacific in March 2005.
The property now consists of 127 staked claims and 88 map designated cells totalling 6,939 hectares, located in Montgolfier and Orvilliers townships. The Montgolfier Project is located approximately 35 kilometres east and along strike from the Casa Berardi Mine where Aurizon Mines Ltd. has outlined 1,200,000 ounces of gold grading 6.8g Au/t in the indicated category and 1,600,000 inferred ounces at a grade of 7.2g Au/t.
The Montgolfier Project straddles approximately 31 kilometres of 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 of gold mineralization. Additional information on the Montgolfier Project is contained in a technical report entitled, "Summary Report, Montgolfier Project, Casa Berardi Region, Quebec" by SRK Consulting, which has been filed on SEDAR, and which is also available on the J-Pacific website.
Dr. Jean-Francois Couture, P.Geo. of SRK Consulting, a qualified person as defined by National Instrument 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 Toll Free: 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.
14:29 EDT Tuesday, July 12, 2005
VANCOUVER, BRITISH COLUMBIA--(CCNMatthews - July 12, 2005) - J-Pacific Gold Inc. (J-Pacific) (TSX VENTURE:JPN)(OTCBB:JPNJF) is pleased to announce that an additional 38 cell claims have been acquired at the Montgolfier Project in the Abitibi Greenstone Belt of northwestern Quebec. These new claims extend the Montgolfier property eastward approximately 7 kilometres to protect intriguing geophysical anomalies, which were identified from a recent high-resolution magnetic and electromagnetic airborne survey completed for J-Pacific in March 2005.
The property now consists of 127 staked claims and 88 map designated cells totalling 6,939 hectares, located in Montgolfier and Orvilliers townships. The Montgolfier Project is located approximately 35 kilometres east and along strike from the Casa Berardi Mine where Aurizon Mines Ltd. has outlined 1,200,000 ounces of gold grading 6.8g Au/t in the indicated category and 1,600,000 inferred ounces at a grade of 7.2g Au/t.
The Montgolfier Project straddles approximately 31 kilometres of 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 of gold mineralization. Additional information on the Montgolfier Project is contained in a technical report entitled, "Summary Report, Montgolfier Project, Casa Berardi Region, Quebec" by SRK Consulting, which has been filed on SEDAR, and which is also available on the J-Pacific website.
Dr. Jean-Francois Couture, P.Geo. of SRK Consulting, a qualified person as defined by National Instrument 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 Toll Free: 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.
