JNR Resources Inc. reports that it is continuing to develop 3D exploration models to target new uranium deposits on its properties in the Athabasca Basin. JNR is a Saskatoon-based junior exploration company with one of the strongest technical teams in the uranium exploration industry. The Company is focused on uranium exploration in the Athabasca Basin of Saskatchewan and the Deer Lake Basin and Topsails igneous complex of west-central Newfoundland. These regions represent distinct uranium provinces that are characterized by significant uranium enrichment in many of the rock formations. JNR firmly believes that the best exploration approach is through actively exploring on the ground and drilling high-priority targets based on geology, geophysics, and geochemistry.
JNR is one of several uranium exploration companies that is using leading-edge exploration methods and tools in the Athabasca Basin to better understand mineralization processes/criteria for discovering new resources. These methods and tools include PIMA analyses, Pb isotope analyses, APS mineral analyses, 3D GOCAD modeling via a data- and/or knowledge-driven approach, numerical and/or geostatistical modeling, and high-resolution 2D/3D airborne and ground geophysical surveys, including high-resolution airborne gravity (FTG) and electromagnetic (ZTEM) surveys. In this respect, the Company is taking full advantage of the capabilities and expertise of its experienced, multi-disciplinary geological team.
Over the last 20 years, mineral exploration has evolved into a more rigorous quantitative science. A significant part of this exploration science includes a 3D GIS environment in which rich archives of diverse exploration data sets can be integrated, analyzed, and interpreted for the purpose of targeting new ore deposits. Building these 3D common earth models using the GOCAD environment/software appears to be a very efficient and effective tool for characterizing and exploiting the regional-, district- to mine-scale 3D common earth models of ore deposits and for determining the complex processes that produced the economic mineralization. For example, the complex spatial and geological relationships between lithological units, geological structures, geochemical data, alteration data, and geophysical data can be studied in detail. As well, a wealth of knowledge of ore-forming processes can be integrated into and queried by what-if scenarios within the geostatistical module of the GOCAD environment.
Results to date (2005 – present) from JNR’s 3D GOCAD models (e.g. eastern Athabasca, Way Lake, Yurchison Lake, Moore Lake, and Snowbird/South Dufferin) indicate that we have a much better understanding of the geological environments that we are exploring in and from this we can successfully pick new lithostructural/geochemical/geophysical drill targets in the search for new uranium resources. Ultimately, this will lead to finding new uranium deposits in less time.
In summary, when applied by experienced, multi-disciplinary exploration teams, this data- and/or knowledge-driven mineral potential modeling approach has great potential to enhance greenfield to brownfield mineral exploration activities within all uranium provinces. JNR will next put this to test by drilling some new discoveries along the eastern and southern margin of the Athabasca Basin (e.g. Snowbird/South Dufferin and Lazy Edward Bay).
Dave Billard, Vice President Exploration and Chief Operating Officer comments; “State-of-the-art, science-based exploration techniques are integral to our ongoing and planned exploration programs. For example, we have been able to define superior targets at shallow depths on our South Dufferin/Snowbird projects, which we plan to drill this summer. We believe these targets are lithostructurally related to the Centennial deposit (Cameco Corporation/Formation Metals Inc.) located approximately 20 km northeast and on strike of our properties. At Centennial, a 650-m long mineralized zone grading up to 8.78% U3O8 over 33.9 m has been outlined at approximately 800 m depth (Formation Metals news release May 30, 2011)”.
All technical information for the Company’s exploration projects is obtained and reported under a formal quality assurance and quality control program, details of which are presented on the Company’s website at: www.jnrresources.com/i/pdf/JNR-QAQC.pdf. 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.