Owner
Post by Franko10 ™ on Feb 22, 2005 15:08:53 GMT -5
News Release - Tuesday, February 22, 2005
Black Lake Uranium Project - Airborne Results
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February 22, 2005 - JNR Resources Inc. (TSX.V: JNN) (the "Company") has received the results and interpretation of a 1400-line kilometer airborne magnetic and MEGATEM survey over the Company's 100 %-owned Black Lake uranium property.
The airborne survey has identified several anomalous electromagnetic (EM) and coincident magnetic responses that warrant ground follow-up. The interpreted EM conductors vary anywhere from two to eight kilometres in length. Depth to the unconformity in this area is estimated to be around 200 metres along the northern property boundary, and increasing to 500 metres near the southern boundary.
The Black Lake property comprises almost 42,000 hectares. It is located on the north rim of the Athabasca Basin of northern Saskatchewan, approximately 20 kilometres southeast of the town of Stony Rapids, and
lies along the seasonal road to that community. The property covers a 40 kilometre strike length of the Snowbird/Black Lake structure, a major crustal feature that represents the strike extension of the mineralized Virgin River shear, located some 225 kilometres to the
southwest.
The Company is pleased with the number of priority areas identified by the airborne survey and will initiate a line cutting, and a ground-EM and magnetic program within the next few weeks. Plans for a follow-up diamond drilling program will be finalized once the results of the ground work have been received and interpreted. It should be noted that a number of the target areas are amenable to year-round drilling.
Richard T. Kusmirski, PGeo and David L. Billard, PGeo, are the Company's qualified persons responsible for the technical data presented in this release. For more information, visit the Company's website at www.jnrresources.com.
ON BEHALF OF THE BOARD
"Rick Kusmirski"
Rick Kusmirski,
President
THE TSX VENTURE EXCHANGE HAS NOT REVIEWED AND DOES NOT ACCEPT RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS NEWS RELEASE.
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Copyright (c) 2005 JNR RESOURCES INC. (JNN-TSXV) All rights reserved. For more information visit our website at www.jnrresources.com/
or send mailto:info@jnrresources.com
Message sent on Tue Feb 22, 2005 at 9:41:13 AM Pacific Time
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Black Lake Uranium Project - Airborne Results
=======================================================================
February 22, 2005 - JNR Resources Inc. (TSX.V: JNN) (the "Company") has received the results and interpretation of a 1400-line kilometer airborne magnetic and MEGATEM survey over the Company's 100 %-owned Black Lake uranium property.
The airborne survey has identified several anomalous electromagnetic (EM) and coincident magnetic responses that warrant ground follow-up. The interpreted EM conductors vary anywhere from two to eight kilometres in length. Depth to the unconformity in this area is estimated to be around 200 metres along the northern property boundary, and increasing to 500 metres near the southern boundary.
The Black Lake property comprises almost 42,000 hectares. It is located on the north rim of the Athabasca Basin of northern Saskatchewan, approximately 20 kilometres southeast of the town of Stony Rapids, and
lies along the seasonal road to that community. The property covers a 40 kilometre strike length of the Snowbird/Black Lake structure, a major crustal feature that represents the strike extension of the mineralized Virgin River shear, located some 225 kilometres to the
southwest.
The Company is pleased with the number of priority areas identified by the airborne survey and will initiate a line cutting, and a ground-EM and magnetic program within the next few weeks. Plans for a follow-up diamond drilling program will be finalized once the results of the ground work have been received and interpreted. It should be noted that a number of the target areas are amenable to year-round drilling.
Richard T. Kusmirski, PGeo and David L. Billard, PGeo, are the Company's qualified persons responsible for the technical data presented in this release. For more information, visit the Company's website at www.jnrresources.com.
ON BEHALF OF THE BOARD
"Rick Kusmirski"
Rick Kusmirski,
President
THE TSX VENTURE EXCHANGE HAS NOT REVIEWED AND DOES NOT ACCEPT RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS NEWS RELEASE.
=======================================================================
Copyright (c) 2005 JNR RESOURCES INC. (JNN-TSXV) All rights reserved. For more information visit our website at www.jnrresources.com/
or send mailto:info@jnrresources.com
Message sent on Tue Feb 22, 2005 at 9:41:13 AM Pacific Time
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