News-JNR Completes Airborne Gravity Survey on the
JNR Completes Airborne Gravity Survey on the Lazy Edward Bay Property
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TSXV:JNN
Email:
info@jnrresources.com
Website:
www.jnrresources.com
SASKATOON, March 3 /CNW/ - JNR Resources Inc. (TSXV: JNN) (the 'Company') as operator, recently completed a 1,418 line-km
airborne gravity gradient survey over the 39,305-ha Lazy Edward Bay joint venture (JNR 46%; Denison Mines 54%). The results of this survey
have been integrated with prior drilling results and previous ground
and airborne geophysical programs to further define drill targets.
Preliminary results of the aircraft-borne, full tensor 3D gravity
gradient survey clearly show that this program was successful in better
defining the structural setting of the property. Several 'zones of
interest' outlined within the Lazy Edward Bay claims lie along
extensive corridors of well-defined, structurally-disrupted basement
conductors over 2 to 6 km in strike length. The property is now at a
drill-ready stage with numerous high-priority targets identified.
The Lazy Edward Bay project area straddles the southern margin of the Athabasca Basin and
lies directly along the Cable Bay Shear zone. This is a major
transcrustal structural feature with many of the positive geochemical
and geological attributes required for the formation of significant
uranium deposits. Although the property has been drill-tested
historically, many high-priority targets remain. These better defined
targets will be the focus of future drilling programs.
JNR Resources is a junior exploration company primarily focused on
uranium exploration and development in the provinces of Saskatchewan
and Newfoundland. The company has a varied interest in several
prospective uranium properties in the Athabasca Basin of northern
Saskatchewan that have been and will continue to be the focal point of
JNR's exploration efforts.
JNR's Vice President Exploration and Chief Operating Officer, Dave
Billard, P.Geo, is the qualified person responsible for the technical
data presented in this release. All technical information for the
Company's exploration projects is obtained and reported under a formal
quality assurance and quality control program, details of which are
presented on the Company's website at:
www.jnrresources.com/i/pdf/JNR-QAQC.pdf. 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.
ON BEHALF OF THE BOARD
Rick Kusmirski