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JNC Resources Announces Upcoming Drill Program at the Imperial Project in Nevada

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JNC Resources announced plans for a new drilling program at its Imperial Project in Nevada. The company has secured contractors and aims to start drilling once a suitable rig is available, ensuring all Covid-19 protocols are followed. The program will target 3-4 reverse circulation holes, focusing on gold-silver-rich veins at depths of up to 600 feet. CEO Mike Mulberry expressed optimism about intersecting the main imperial vein and potential significant discoveries due to the project’s strategic location near historical gold production areas.

Positive
  • Planned drilling program at the Imperial Project indicates potential for gold-silver discoveries.
  • Company has secured qualified contractors for immediate commencement once a drill rig is available.
  • Drilling targets gold-silver-rich veins, promising market demand for gold exploration.
Negative
  • Uncertainties surrounding the availability of a suitable drill rig may delay operations.
  • Forward-looking statements indicate potential risks that could affect exploration outcomes.

VANCOUVER, BC / ACCESSWIRE / October 13, 2020 / (CSE:JNC) (OTC PINK:JNCCF) - JNC Resources is pleased to announce the upcoming drill plans at our Imperial Project in Nevada. The Company has secured qualified contractors to commence as soon as a suitable drill rig is available, in addition, all Covid-19 protocols will be established and implemented.

The Company has targeted three to four reverse circulation (RC) holes that will define gold-silver-rich veins and will further explore structures parallel to those already discovered. These holes will not exceed 600 feet in depth unless a hole ends in altered rock, in which case drilling will continue until in barren material. Minimal earthwork will be undertaken to construct roads, pads, and sumps for the holes.

Mike Mulberry, CEO of JNC Resources stated "We are excited to begin the drilling for the Imperial Project, given the current demand for gold exploration. We anticipate all holes will intersect the main imperial vein, with at least one hole testing the down-dropped portion of the vein in deeper, more favorable host rock than historic drilling. Given the strategic location of our Imperial Property and being within the peripheral of Goldfields, we are highly encouraged about the prospect of our project and the potential for some significant discoveries."

About JNC Resources Inc.

JNC is a North American-based junior venture mineral exploration company with a goal to develop under-explored properties and benefit from deal flow generated by strategic partnerships and growth opportunities. Currently the Company is developing its 100% optioned Triple 9 Project in South Central British Columbia. The Triple 9 Project is a gold property with a new discovery of high levels of base metals, located 20 kilometres from the town of Sicamous. JNC has an Option Agreement with Great Basin Resources ("Great Basin") to acquire 100% control and interest in the Imperial Project in Nevada. The Imperial Property is located in Esmeralda County, Nevada, which has been a prolific mining area in the state. The Property is in close proximity to the town of Goldfields, where gold production occurred in the early part of the 20th century.

For further information please contact:

Michael Mulberry
T: 778-855-5001
info@jncresources.com

Forward-Looking Statements

This press release may contain forward-looking statements within the meaning of applicable securities law. Forward-looking statements are frequently characterized by words such as "plan", "expect", "project", "intend", "believe", "anticipate", "estimate" and other similar words, or statements that certain events or conditions "may" or "will" occur.

Although the Company believes that the expectations reflected in applicable forward-looking statements are reasonable, there can be no assurance that such expectations will prove to be correct. Such forward-looking statements are subject to risks and uncertainties that may cause actual results, performance or developments to differ materially from those contained in such statements.

SOURCE: JNC Resources Inc.



View source version on accesswire.com:
https://www.accesswire.com/610252/JNC-Resources-Announces-Upcoming-Drill-Program-at-the-Imperial-Project-in-Nevada

FAQ

What are the upcoming drill plans for JNCCF at the Imperial Project in Nevada?

JNC Resources plans to drill 3-4 reverse circulation holes at its Imperial Project to explore gold-silver-rich veins, targeting depths of up to 600 feet.

Who is overseeing the drilling program for JNC Resources?

CEO Mike Mulberry is overseeing the drilling program and expressed optimism about the potential discoveries at the Imperial Project.

What is the significance of the Imperial Project for JNCCF?

The Imperial Project is strategically located near historical gold production areas, enhancing its potential for significant gold and silver discoveries.

What protocols will JNCCF implement during the drilling process?

JNC Resources will implement Covid-19 protocols to ensure safety during the drilling operations at the Imperial Project.

What is the expected impact of the drill program on JNCCF's stock?

The drill program aims to enhance the exploration value of the Imperial Project, potentially positively impacting JNCCF's stock depending on drilling results.

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