JNR Resources Inc. has received confirmation from Altius Resources Inc. that the company has earned an undivided 70% participating interest in the project. The Company has also received the final interpretation of a water geochemical survey carried out in the summer of 2008, and a preliminary interpretation from a recently completed 22.7 km induced polarization (IP) survey over several high priority...
Delta Uranium Inc. announce that it has entered into an option agreement with Spruce Ridge Resources Ltd. pursuant to which Delta has been granted the option to acquire a undivided 60% ownership interest in the Deer Lake Basin Uranium Project. Upon completion of the option, Delta will enter into a joint venture agreement with Spruce Ridge for the remaining 40% interest. Deer Lake Basin Uranium Project The...
JNR Resources Inc. announce initial results from its 2008 exploration program, including the discovery of widespread outcrops of uranium mineralization on its 100% owned Way Lake uranium project. The project lands are located 55 kilometres east of the Key Lake uranium mine in the Athabasca Basin of northern Saskatchewan and comprise 17 contiguous claims totalling 71,795 hectares. The 2008 helicopter-supported...
JNR Resources Inc. provide the following update on its uranium exploration activities in central and western Newfoundland. The Company is actively exploring two projects: Topsails and Rocky Brook. The 278,000-hectare Topsails project is a 50/50 alliance between the Company and Altius Resources Inc. (jointly the ‘Companies’), which was established to explore for volcanic-hosted uranium deposits...
JNR Resources Inc. has been advised by project operator, Uranium Power Corp. that drilling has been completed on its South Fork uranium project in southwest Saskatchewan. Two drill rigs were contracted from Layne Christensen Drilling of Aurora, CO to complete this program, which consisted of 45 rotary drill holes totaling 5,402 metres. The drilling program focused on the largest paleochannel in the...
JNR Resources Inc. provide the following update on the 2008 summer drilling programs that have been completed or are still underway in the Athabasca Basin. Two drills are currently operating on the Company’s 100% owned Way Lake uranium project, located 55 kilometres east of the Key Lake uranium mine in the Athabasca Basin of northern Saskatchewan. The Way Lake project comprises 17 contiguous...
Star Uranium Corp. Mr. Rick Walker reports that a $750,000 exploration program on the Company’s Alexander Lake and Pardoe Lake uranium properties will commence in May. The properties are in the vicinity of JNR Resources Inc.’s Way Lake project where JNR reported bedrock surface samples grading up to 48% U3O8. Initially, the program will consist of an airborne VTEM survey to identify conductive...
Landmark Minerals has acquired, by staking, a 100% interest in 256 mineral claims covering 6,400 hectares in southwestern Newfoundland considered prospective for stratiform uranium mineralization. The property covers the southern part of the Deer Lake sedimentary basin, which has been explored for uranium mineralization since the 1970’s. Companies currently active in the basin include Altius...