Owner
Post by Franko10 ™ on Feb 16, 2006 14:16:07 GMT -5
JNR Announces Update on Black Lake Uranium Project
09:00 EST Thursday, February 16, 2006
TSXV:JNN
Email: info@jnrresources.com
Website: www.jnrresources.com
SASKATOON, Feb. 16 /CNW/ - JNR Resources Inc. (TSXV:JNN) (the "Company") is pleased to announce that the 2005-06 winter exploration program on the Company's 100%-owned Black Lake uranium project, located in the Athabasca Basin of northern Saskatchewan, is progressing as planned.
Four grids totalling 135 kilometres of cut line have been established over some of the more promising airborne electromagnetic conductors interpreted from a 1400-line kilometre magnetic and MEGATEM survey flown over the property last year. Ground EM surveys totalling 190 kilometres are currently being completed over these grids. Details of a follow-up diamond drilling program will be finalized once the results of the ground work have been received and interpreted.
The Black Lake property comprises almost 42,000 hectares. It is located on the north rim of the Athabasca Basin, 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. Depth to unconformity is estimated to be around 200 metres along the northern property boundary, increasing to 500 metres near the southern boundary.
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
President & CEO
THE TSX VENTURE EXCHANGE HAS NOT REVIEWED AND DOES NOT ACCEPT
RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS NEWS RELEASE.
For further information: contact JNR at (306) 382-2211 or 1-877-567-6463; info@jnrresources.com
09:00 EST Thursday, February 16, 2006
TSXV:JNN
Email: info@jnrresources.com
Website: www.jnrresources.com
SASKATOON, Feb. 16 /CNW/ - JNR Resources Inc. (TSXV:JNN) (the "Company") is pleased to announce that the 2005-06 winter exploration program on the Company's 100%-owned Black Lake uranium project, located in the Athabasca Basin of northern Saskatchewan, is progressing as planned.
Four grids totalling 135 kilometres of cut line have been established over some of the more promising airborne electromagnetic conductors interpreted from a 1400-line kilometre magnetic and MEGATEM survey flown over the property last year. Ground EM surveys totalling 190 kilometres are currently being completed over these grids. Details of a follow-up diamond drilling program will be finalized once the results of the ground work have been received and interpreted.
The Black Lake property comprises almost 42,000 hectares. It is located on the north rim of the Athabasca Basin, 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. Depth to unconformity is estimated to be around 200 metres along the northern property boundary, increasing to 500 metres near the southern boundary.
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
President & CEO
THE TSX VENTURE EXCHANGE HAS NOT REVIEWED AND DOES NOT ACCEPT
RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS NEWS RELEASE.
For further information: contact JNR at (306) 382-2211 or 1-877-567-6463; info@jnrresources.com
