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JNR Resources Inc JNRRF



GREY:JNRRF - Post by User

Post by trade2win2on May 11, 2012 8:15am
359 Views
Post# 19898297

News- Drilling has started

News- Drilling has started

SASKATOON, May 11, 2012 /CNW/ - JNR Resources Inc. (TSXV: JNN) ('JNR' or the 'Company') is pleased to announce that it has commenced a minimum 1,000-metre spring diamond drilling program on the Company's 100% owned Black Lake uranium project, located in the Athabasca Basin of northern Saskatchewan.

The drilling will focus primarily on shallower electromagnetic (EM) and structural targets located in the northern portion of the property.

The Black Lake project is located along the north rim of the Athabasca Basin, approximately 20 kilometres southeast of the town of Stony Rapids and along the all-weather road to that community. The property covers a 40-kilometre strike length of the Snowbird tectonic zone, a major transcrustal structural feature that includes the Black Lake fault zone, a strike extension of the mineralized Virgin River shear zone (Centennial Zone) located some 225 kilometres to the southwest.

At Centennial, a 650-metre long mineralized zone with drill intersections of up to 8.78% U3O8 over 33.9 metres has been outlined at a depth of approximately 800 metres. (Formation Metals news release May 30, 2011).

JNR's Director of Exploration, Dr. Irvine R. Annesley, P.Geo, is the qualified person responsible for the technical data presented in this release. 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.

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