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Re: News Release - Wednesday, April 09, 2008
JNR Announces Results of Airborne Surveys on the Black Lake &
Crackingstone
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Saskatoon, SK, April 9, 2008 - JNR Resources Inc. (TSXV:JNN) (the
'Company') has received the results from high-resolution gradient
magnetic Goldak surveys flown over its 100% owned Black Lake and
Crackingstone uranium projects located in the Athabasca Basin of
northern Saskatchewan. A total of 7,893 line-kilometres were flown at
Black Lake and 3,758 kilometres at Crackingstone. These results have
been incorporated with prior ground and/or airborne geophysical surveys
to better define targets for drill testing.
At Black Lake, four extensive 'zones of interest' have been identified.
Their selection was based upon the presence of a general magnetic
setting considered common to unconformity-type uranium deposits, along
with a coincidence of electromagnetic (EM) conductors and proximity to
major structural features. Magnetically interpreted cross structures
and/or other structural perturbations are also considered high priority
target areas.
Diamond drilling is currently underway on a six kilometre long
northeast-trending conductive/magnetic target through the central
portion of the property. Depths to the unconformity are estimated to be
on the order of 750 metres in the south and 225 metres in the north.
The Black Lake project comprises 41,783 hectares and 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/Black Lake structure, a major transcrustal feature that
represents the strike extension of the mineralized Virgin River shear
(Centennial Zone) located some 225 kilometres to the southwest.
At Crackingstone, 13 'zones of interest' have been identified and
reflect an assortment of EM responses within a variety of magnetic and
geologic environments. They include areas along regional conductors
where the conductor is disrupted by interpreted magnetic structures or
are present as a locally stronger response. Isolated conductors chosen
from a variety of geophysical and geologic settings are also considered
high priority targets. Planning of additional work is underway.
The Crackingstone project comprises 10,665 hectares and is located near
Uranium City, adjacent to the north rim of the Athabasca Basin.
Historical work on the property dating back to the 1950's and 1960's
focused on the two southern claims covering the Crackingstone
Peninsula, during which time a number of uranium showings including the
Gulch deposit were discovered.
The high-resolution gradient magnetic survey over the Company's 100%
owned Newnham Lake project, located on the northeastern margin of the
Athabasca Basin, was postponed until the spring of 2008.
JNR's Vice-President of Exploration, David L. Billard, PGeo, 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.
ON BEHALF OF THE BOARD
Rick Kusmirski
President & CEO
For further information contact JNR Resources at 306.382.2211 or
877.567.6463
THE TSX VENTURE EXCHANGE DOES NOT ACCEPT RESPONSIBILITY FOR THE
ADEQUACY OR ACCURACY OF THIS NEWS RELEASE.
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Copyright (c) 2008 JNR RESOURCES INC. (JNN-TSXV) All rights reserved.
For more information visit our website at http://www.jnrresources.com/
or send mailto:info@jnrresources.com
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