News Releases

August 19, 2020

JNC Resources Obtains DTC Eligibility, Increasing Access for U.S. Investors

Trading Symbol: JNC (CSE)

Vancouver, B.C. – JNC Resources Inc. (the “Company”)

VANCOUVER, BC – JNC Resources Inc. (CSE: JNC) (“JNC” or the “Company”) is pleased to announce that the Company has recently visited the Imperial Property to collect grab samples that will be sent off for validation and testing. The Imperial Property is located 18 miles northeast of Goldfield, Nevada in the Silver Peak District within the Walker Lane. Silver Peak is the second largest gold producing area in Esmeralda County after Goldfield. 

6 samples were taken in total, 5 of which were in the immediate area of the upcoming drill program. An additional sample was obtained further to the northeast in an area of previous drilling with good surface alteration. Four of the samples will represent sampling of the main Imperial vein, while two were of surface alteration that represents different, but related veins. All of the samples taken were heavily limonite stained and silicified, with much of the material also being brecciated. Quartz after calcite replacement textures were also noted in the sample material. 

“We are very excited about the collection of our grab samples at the Imperial Property and look forward to the results,” stated CEO, Mike Mulberry. “With the overall excitement around gold, historical results of the area and the exploration potential of the Imperial Property it is becoming a very exciting time for us. We are permit ready and look forward to receiving the results of our preliminary sampling as we move towards our drilling program,” continued Mr. Mulberry.

Qualified Persons

Warren Robb, P.Geo., is the qualified person for the Company as defined in National Instrument 43-101 and has reviewed the technical information presented within this news release.

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 km from the town of Sicamous. JNC also has an option agreement with Great Basin Resources 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

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. 

The Company provides forward-looking statements for the purpose of conveying information about current expectations and plans relating to the future of the Company and readers are cautioned that such statements may not be appropriate for other purposes. By its nature, this information is subject to inherent risks and uncertainties that may be general or specific and which give rise to the possibility that expectations, forecasts, predictions, projections or conclusions will not prove to be accurate, that assumptions may not be correct and that objectives, strategic goals and priorities will not be achieved. These risks and uncertainties include but are not limited to those identified and reported in the Company’s public filings under the Company’s SEDAR profile at www.sedar.com. Although the Company has attempted to identify important factors that could cause actual actions, events or results to differ materially from those described in forward-looking information, there may be other factors that cause actions, events or results not to be as anticipated, estimated or intended. There can be no assurance that such information will prove to be accurate as actual results and future events could differ materially from those anticipated in such statements. The Company disclaims any intention or obligation to update or revise any forward-looking information, whether as a result of new information, future events or otherwise unless required by law.


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