Owner
Post by Franko10 ™ on Nov 22, 2005 12:53:01 GMT -5
Tuesday, November 22, 2005
JNR ANNOUNCES AIRBORNE SURVEY UNDERWAY AT NEWNHAM LAKE URANIUM
PROJECT
November 22, 2005 - JNR Resources Inc. (TSXV:JNN) (the 'Company') is
pleased to announce that a 1,550-kilometre airborne EM and magnetic
survey is underway on the Company's 100% owned Newnham Lake project
located in the Athabasca Basin of Northern Saskatchewan. The survey is
being carried out by Geotech Ltd. using their helicopter-borne VTEM
system.
The Newnham Lake project is located on the northeastern margin of the
Athabasca Basin, approximately 50 km east of the historic Nisto uranium
deposit. The project consists of eight contiguous claims comprising
27,723 hectares. These claims were acquired by staking after a review
of historic work identified a number of geological, geophysical and
geochemical features typical of unconformity-type uranium deposits.
Of particular interest, is a structurally disrupted and commonly
graphitic pelite assemblage that trends east-northeast over a 20-km by
4-km area within the central portion of the property. This area is also
characterized by a large number of surficial geochemical anomalies in
lake sediments, peats and soils (up to 5000 ppm).
Also of note is a 1-km by 2-km area of highly radioactive granites and
pegmatites in the northeastern part of the property, and the relative
shallowness of the sandstone cover at Newnham. The unconformity between
the granites, pelites and the overlying sandstone transects the
property near its eastern margin, with depth to unconformity estimated
to range from 0 to 150 metres.
Follow-up ground geophysical and diamond drilling programs during the
winter of 2005-06, will in part be contingent upon the results of the
airborne survey and will be reported on at a later date.
A glossary of the technical terms included in this release can be found
on the Company's website at: www.jnrresources.com/s/Glossary.asp. JNR's
President, Richard T. Kusmirski, PGeo is the qualified person
responsible for the technical data presented in this release.
ON BEHALF OF THE BOARD
'Rick Kusmirski'
Rick Kusmirski
President & CEO
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 Nov 22, 2005 at 9:37:17 AM Pacific Time
JNR ANNOUNCES AIRBORNE SURVEY UNDERWAY AT NEWNHAM LAKE URANIUM
PROJECT
November 22, 2005 - JNR Resources Inc. (TSXV:JNN) (the 'Company') is
pleased to announce that a 1,550-kilometre airborne EM and magnetic
survey is underway on the Company's 100% owned Newnham Lake project
located in the Athabasca Basin of Northern Saskatchewan. The survey is
being carried out by Geotech Ltd. using their helicopter-borne VTEM
system.
The Newnham Lake project is located on the northeastern margin of the
Athabasca Basin, approximately 50 km east of the historic Nisto uranium
deposit. The project consists of eight contiguous claims comprising
27,723 hectares. These claims were acquired by staking after a review
of historic work identified a number of geological, geophysical and
geochemical features typical of unconformity-type uranium deposits.
Of particular interest, is a structurally disrupted and commonly
graphitic pelite assemblage that trends east-northeast over a 20-km by
4-km area within the central portion of the property. This area is also
characterized by a large number of surficial geochemical anomalies in
lake sediments, peats and soils (up to 5000 ppm).
Also of note is a 1-km by 2-km area of highly radioactive granites and
pegmatites in the northeastern part of the property, and the relative
shallowness of the sandstone cover at Newnham. The unconformity between
the granites, pelites and the overlying sandstone transects the
property near its eastern margin, with depth to unconformity estimated
to range from 0 to 150 metres.
Follow-up ground geophysical and diamond drilling programs during the
winter of 2005-06, will in part be contingent upon the results of the
airborne survey and will be reported on at a later date.
A glossary of the technical terms included in this release can be found
on the Company's website at: www.jnrresources.com/s/Glossary.asp. JNR's
President, Richard T. Kusmirski, PGeo is the qualified person
responsible for the technical data presented in this release.
ON BEHALF OF THE BOARD
'Rick Kusmirski'
Rick Kusmirski
President & CEO
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 Nov 22, 2005 at 9:37:17 AM Pacific Time
