PASS LAKE, ON, Sept. 9 /CNW/ - Jiminex Inc. (TSXV - JIM), a junior mining
exploration company, is pleased to announce the contracting of Caracle Creek
International Consulting Inc. (CICC), Geological & Geophysical Consultants,
Toronto, Ontario. CICC geologists have begun a compilation, data
standardization and digitization program for the historic geotechnical
information on the 207 claim unit Northern Eagle Gold Property, Hemlo gold
mining area, Northwestern, Ontario. CICC will build a computer model for the
geotechnical data which will assist in the selection of target zones over
which to perform deep-penetrating ground geophysical surveys. Jiminex Inc. is
planning to contract the Titan 24 induced polarization and magnetotelluric
geophysical system of Quantec Geoscience Inc. to detect favourable deep
diamond drill targets possibly representing Hemlo-style gold deposits.
The Northern Eagle Gold Property is located 15 km west of the 21 million
ounce World Class Hemlo gold deposit currently being mined by Barrick Gold
Corporation. The property probably represents the highest priority target in
the Heron Bay-Hemlo greenstone belt for hosting another Hemlo
replacement-style gold deposit, because it has geology very similar to the
Hemlo deposit as relating to rock types, structures, alteration and trace
elements. It is important to note that approximately 90% of the Hemlo gold
deposit is positioned greater than 500 metres below surface. As less than 1%
of the Northern Eagle Gold Property has been drill-tested below this possibly
critical depth, the property remains essentially unexplored for a Hemlo-style
replacement gold deposit. Jiminex Inc. has an option to earn a 50% interest in
the Northern Eagle Gold Property from Beaufield Resources Inc. (TSXV-BFD).
Allan J. Willy, P.Eng., Geologist, Director of Jiminex Inc., is the
qualified person responsible for this release.
THE TSX VENTURE EXCHANGE HAS NOT REVIEWED AND DOES NOT ACCEPT
RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE.
Forward-looking statements in this release are made pursuant to the safe
harbor provisions of the Private Securities Litigation Reform act of 1995.
Investors are cautioned that such forward-looking statements involve risks and
For further information:
For further information: James R.B. Parres, President and Chief
Executive Officer of Jiminex Inc., (807) 977-1679, email@example.com;