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Post by Franko10 ™ on Sept 11, 2004 12:51:00 GMT -5
Drilling Program Commences
-------------------------------------------------------------------------------- NR 02-03
Mr. Rick Kusmirski, President of JNR Resources Inc. ("JNR"), reports that the 2002 winter diamond drilling program on the JNR / Kennecott Canada Exploration Inc. ("Kennecott") Moore Lake uranium project is underway.
Mobilization has been completed with drilling expected to commence within the next twenty-four hours. The program is being operated and funded by Kennecott, which plans to focus on following up on the encouraging results from the 2001 winter drilling program.
These results were obtained in drill holes ML01-15, ML01-18 & ML01-19. Hole ML01-15, intersected polymetallic mineralization, including uranium in a steeply dipping basement structure, and was ultimately lost in strongly graphitic and clay altered basement rocks. Holes ML01-18 & -19 intersected low grade uranium mineralization in sheared, altered and geochemically anomalous basement rocks well beneath the unconformity.
The extent of the 2002 program has yet to be finalized. It will, in part, be dependent upon the results of the follow-up drilling. Results of the drill program will be released as they become available.
ON BEHALF OF THE BOARD "R. T. Kusmirski" Rick Kusmirski, President & Director For further information, please call: (306) 249-3562
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