Good news or hype?
NEWS RELEASE TRANSMITTED BY CANADIAN CORPORATE NEWS
FOR: JNR RESOURCES INC.
VSE SYMBOL: JNN
JANUARY 2, 1997
JNR Resources Completes Diamond Drill Program on Asbell
Bay Property
VANCOUVER, BRITISH COLUMBIA--Mr. Dale W. Hoffman, President of JNR
Resources Inc. (the "Company"), is very pleased to report that a
10-hole diamond drill program has been completed on the
Company's Asbell Bay, Saskatchewan, joint venture property.
The drilling was carried out over what is believed to be a
continuous strike length of over 3,000 feet. Mineralization was
encountered in all holes, with the two most interesting holes,
from visual observations, being DDH-96-6 and DDH-96-10.
DDH-96-6, drilled under the Discovery Zone, encountered
mineralization over 130 feet true width, and DDH-96-10, drilled
under the Crocodile Zone, encountered mineralization of 60 feet
true width, although only assays will determine grade and width.
Drill core has been split and sent for assay, and results will be
available by mid-month.
Mineralization on surface of the Discovery Zone was very
encouraging. The seven samples taken, of fresh material from
blasting, each weighing over 2 lbs., averaged 1.12 percent copper,
1.33 percent moly, with 3.59 grams of gold per tonne. Results
from trench samples taken north of the Crocodile Zone returned
gold values of 0.411 oz/ton over 5.5 feet.
JNR RESOURCES INC.
Dale W. Hoffman, President
-30-
FOR FURTHER INFORMATION PLEASE CONTACT:
JNR Resources Inc.
Dale W. Hoffman
President
(604) 684-5118
(604) 682-8566 (FAX)
Internet: infodine.com
E-Mail: jnrres@skybus.com
The Vancouver Stock Exchange has not reviewed and does not accept
responsibility for the accuracy or adequacy of the content of this
News Release.
take care
Larry |
