JNR Announces Airborne Surveys on the Crackingstone, Black Lake & Newnham Lake Uranium Projects



    TSXV:JNN

    SASKATOON, Sept. 18 /CNW/ - JNR Resources Inc. (TSXV:JNN) (the 'Company')
has contracted Goldak Airborne Surveys to fly high resolution gradient
magnetic surveys over its 100% owned Crackingstone, Black Lake and Newnham
Lake uranium projects, located in the Athabasca Basin of northern
Saskatchewan. Approximately 15,700 line kilometres will be flown in total. The
results of these surveys will be used to better define targets on the Black
Lake and Newnham Lake projects for drill testing during the 2008 winter
campaign. This work is expected to be completed by mid to late October, 2007.
    The Crackingstone project comprises 10,665 hectares and is located near
Uranium City, adjacent to the north rim of the Athabasca Basin. Historic work
on the property dates back to the 1950's and 1960's and was largely focused on
the two southern claims that cover the Crackingstone Peninsula. During that
time period the Gulch deposit and a number of uranium showings were
discovered. A number of reserve estimates have been published for the Gulch
deposit, none of which follow the prescribed terminology of NI 43-101. The
most recent, a 1975 estimate by Gulch Mines Inc., reported "drill-indicated
reserves" of 201,000 tons grading 0.09% U(3)O(8) (0.05% cut-off) and "possible
reserves" of 315,000 tons at a similar grade. (Source: Mineral Bulletin MR213,
June 1986, Energy, Mines and Resources, Canada). JNR believes the estimate to
be relevant information but has not completed work necessary to verify its
reliability. In 2006, JNR conducted a 1,350-line kilometre VTEM survey that
identified a number of promising looking conductors for follow-up.
    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 seasonal road to that community. The
property covers a 40-kilometre strike length of the Snowbird/Black Lake
structure, a major crustal feature that represents the strike extension of the
mineralized Virgin River shear (Centennial Zone), located some 225 kilometres
to the southwest. Prior exploration by the Company includes a 1,400-line
kilometre airborne magnetic and MEGATEM survey flown over the property in
2005, and over 190 kilometres of linecutting and ground EM carried out during
the past two winters. This work successfully identified a number of potential
bedrock conductors for drill testing that range two to eight kilometres in
length.
    The Newnham Lake project comprises 27,723 hectares and is located on the
northeastern margin of the Athabasca Basin, approximately 50 kilometres east
of the historic Nisto uranium deposit. The property was staked after a review
of historic work identified a number of geological, geophysical and
geochemical features typical of unconformity-type uranium deposits. Prior
exploration by the Company includes a 1,550-line kilometre airborne EM and
magnetic survey flown in 2005 and a 900-line kilometre DIGHEM EM survey flown
in 2006. Also completed in 2006 was some 110 kilometres of linecutting and
ground EM. This work successfully identified a number of conductive and
structural trends, most notably a broad 15-kilometre long,
east-northeast-trending conductor associated with a metasedimentary assemblage
within the central portion of the property. This area is also characterized by
a large number of surficial geochemical anomalies in lake sediments, peats and
soils (up to 5000 ppm uranium).
    Details of follow-up programs will be finalized once the results from the
airborne surveys have been received and interpreted.
    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


    THE TSX VENTURE EXCHANGE DOES NOT ACCEPT RESPONSIBILITY FOR THE ADEQUACY
    OR ACCURACY OF THIS NEWS RELEASE.

    %SEDAR: 00003829E




For further information:

For further information: JNR Resources at (306) 382-2211 or
1-877-567-6463

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