Post by Franko10 ™ on Nov 4, 2005 13:26:44 GMT -5
J-Pacific's Golden Trend Drilling to Start in Nevada's Battle Mountain Trend (ccnm)
VANCOUVER, BRITISH COLUMBIA--(CCNMatthews - Nov. 4, 2005) - J-Pacific Gold Inc. ("J-Pacific") (TSX VENTURE:JPN)(OTCBB:JPNJF) is pleased to report that it has commenced a drilling program on its Golden Trend Project in the Pipeline-Cortez area of the Battle Mountain-Eureka Gold Trend in northeastern Nevada. Golden Trend is contiguous with the large Cortez Joint Venture (Placer Dome/Kennecott) area that contains the Cortez Hills, Pediment and ET Blue discoveries, and which also contains the Pipeline, South Pipeline, Gold Acres and Cortez Mines.
The drilling program will consist of a 2,000 foot (600 metre) core hole to document stratigraphy and geochemistry as well as test a geological target in the north-central part of the property in an area where the depth to the Roberts Mountain Thrust and the permissive Lower Plate carbonate-rich rocks is interpreted to be relatively shallow.
Jipangu Inc. of Tokyo, Japan is funding exploration at the Golden Trend Project in partial fulfillment of an option to a joint venture agreement dated April 1, 2004. Jipangu Inc. is the controlling shareholder of J-Pacific, and the companies have two directors in common.
Mr. Dana Durgin C.P.G., of Reno Nevada, a qualified person as defined by NI 43-101, has been 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
Toll Free: 1-888-236-5200
ir@jpgold.com
www.jpgold.com
The TSX Venture Exchange has neither approved nor disapproved the information contained herein.
VANCOUVER, BRITISH COLUMBIA--(CCNMatthews - Nov. 4, 2005) - J-Pacific Gold Inc. ("J-Pacific") (TSX VENTURE:JPN)(OTCBB:JPNJF) is pleased to report that it has commenced a drilling program on its Golden Trend Project in the Pipeline-Cortez area of the Battle Mountain-Eureka Gold Trend in northeastern Nevada. Golden Trend is contiguous with the large Cortez Joint Venture (Placer Dome/Kennecott) area that contains the Cortez Hills, Pediment and ET Blue discoveries, and which also contains the Pipeline, South Pipeline, Gold Acres and Cortez Mines.
The drilling program will consist of a 2,000 foot (600 metre) core hole to document stratigraphy and geochemistry as well as test a geological target in the north-central part of the property in an area where the depth to the Roberts Mountain Thrust and the permissive Lower Plate carbonate-rich rocks is interpreted to be relatively shallow.
Jipangu Inc. of Tokyo, Japan is funding exploration at the Golden Trend Project in partial fulfillment of an option to a joint venture agreement dated April 1, 2004. Jipangu Inc. is the controlling shareholder of J-Pacific, and the companies have two directors in common.
Mr. Dana Durgin C.P.G., of Reno Nevada, a qualified person as defined by NI 43-101, has been 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
Toll Free: 1-888-236-5200
ir@jpgold.com
www.jpgold.com
The TSX Venture Exchange has neither approved nor disapproved the information contained herein.