Oct 21 2010
James R. B. Parres, President & CEO of Jiminex Inc. has reported that Rodren Drilling Ltd. has begun drilling on the Parres Property airborne geophysical survey targets, Snow Lake mining region, Manitoba.
The Parres property is located near the 32 million tonne (Canadian Mining Journal October 2010) Lalor Lake copper-zinc-gold-silver massive sulfide and gold deposit of HudBay Minerals Inc. and on the mine stratigraphy between the past-producing Stall and Osborne copper-zinc-gold-silver mines. Mr. Parres comments "Rodren drills are spinning away on the Parres property as I speak and our geologists are working away logging the core. We are quite excited and hopeful that at least one of these never-tested geophysical anomalies will intersect a new copper-zinc-gold-silver zone."
Jiminex Inc. was listed as a junior resource company on the TSX venture exchange in late August 2009 and is focused on gold exploration in Canada. The Company has acquired three high potential gold properties located in three separate well-known gold and copper-zinc mining camps. The Northern Eagle property is located in the Hemlo gold mining camp, Ontario close to the 21 million ounce Hemlo gold deposit currently being mined by Barrick Gold Corp. This property is considered one of the best target areas in which to locate another Hemlo-style World-Class gold deposit and Jiminex is earning a 50% interest from Beaufield Resources Inc. The 100%-owned Misehkow River property is located in the Pickle Lake gold mining region of Ontario near to the Pickle Crow Project of PC Gold Inc. and in the same general region as the Musselwhite Mine currently being mined by Goldcorp Inc. Misehkow River presents an opportunity to locate significant iron formation hosted gold deposits over a large target area of approximately 30 kilometres. The 100% owned Parres and Parres Two properties are located in the well-known Snow Lake copper-zinc and gold mining camp of Manitoba where the major new Lalor Lake copper-zinc and gold deposit discovery of HudBay Minerals Inc. is actively being explored and developed.
Allan J. Willy, P. Eng., VP Exploration & Director of Jiminex Inc. is the qualified person responsible for the geotechnical content of the Company's public information.