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Post by Franko10 ™ on Oct 12, 2004 11:04:18 GMT -5
VANCOUVER, British Columbia--(BUSINESS WIRE)--Jan. 25, 1996-- JNR RESOURCES INC. (VSE:JNN) CON. PINE CHANNEL GOLD (VSE:KPG) Further to earlier news releases regarding the joint venture, northeast Ontario diamond exploration project, JNR Resources Inc. (JNR) and Consolidated Pine Channel Gold Corp. (Consolidated Pine Channel) report that the area of interest defined in their Aug. 15, 1995 option agreement has been expanded to include Beauchamp Township, Lundy Township, Henwood Township and Brethour Township.
These townships are contiguous to one or more of Firstbrook, Bucke, Casey and Hudson Townships, the original area of interest under the option agreement. The management of JNR and Consolidated Pine Channel have determined that the work in the added townships constitutes part of the same project as that covered by the option agreement.
Airborne geophysical surveys are being flown over selected areas of these townships. Also, ground geophysical surveys are ongoing, and new claims are being staked over areas where geophysical targets indicative of kimerlites occur. Drilling on the project is scheduled to recommence in early February, and permits have been granted for stripping to perform a 100-ton bulk sample.
Further news will be released as it becomes available. -0-
NOTE TO EDITORS: The Vancouver Stock Exchange has not reviewed and does not accept responsibility for the accuracy or adequacy of the content of this News Release.
CONTACT: JNR Resources Inc.
T. A. (Drew) Parker
or
Consolidated Pine Channel Gold Corp.
Dale W. Hoffman
604/684-5118
800/661-4050
604/682-8566 (Fax)
COPYRIGHT 1996 Business Wire
COPYRIGHT 2004 Gale Group
These townships are contiguous to one or more of Firstbrook, Bucke, Casey and Hudson Townships, the original area of interest under the option agreement. The management of JNR and Consolidated Pine Channel have determined that the work in the added townships constitutes part of the same project as that covered by the option agreement.
Airborne geophysical surveys are being flown over selected areas of these townships. Also, ground geophysical surveys are ongoing, and new claims are being staked over areas where geophysical targets indicative of kimerlites occur. Drilling on the project is scheduled to recommence in early February, and permits have been granted for stripping to perform a 100-ton bulk sample.
Further news will be released as it becomes available. -0-
NOTE TO EDITORS: The Vancouver Stock Exchange has not reviewed and does not accept responsibility for the accuracy or adequacy of the content of this News Release.
CONTACT: JNR Resources Inc.
T. A. (Drew) Parker
or
Consolidated Pine Channel Gold Corp.
Dale W. Hoffman
604/684-5118
800/661-4050
604/682-8566 (Fax)
COPYRIGHT 1996 Business Wire
COPYRIGHT 2004 Gale Group
