Press release from CNW Group
RB Milestone Initiates Coverage of JNR Resources Inc.
Tuesday, July 06, 2010
RB Milestone Initiates Coverage of JNR Resources Inc.08:00 EDT Tuesday, July 06, 2010TSXV:JNNEmail: email@example.comWebsite: www.jnrresources.comSASKATOON, July 6 /CNW/ - JNR Resources Inc. (TSXV: JNN) ('JNR' or the 'Company') is pleased to report that RB Milestone Group, LLC ("RB Milestone"), initiated coverage of JNR Resources Inc. with a research report about the Company.This research report may be obtained directly from RB Milestone through joining their Portal Network(TM) via the following link: http://www.rbmilestone.com/register.As with all analyst reports, this document contains estimates and forecasts prepared by the researcher, extrapolated from information on the Company already in the public domain. Such forecast does not represent guidance issued by the Company.About JNR Resources Inc.JNR Resources Inc. is a Canada-based junior uranium exploration company with mineral properties in the provinces of Saskatchewan and Newfoundland. JNR is led by a highly experienced management team with proven discovery success in uranium as well as precious and base metal exploration. The Company's primary focus is in the Athabasca Basin, recognized as the most prospective uranium-mining district in the world. JNR controls a 100% interest in six properties in the basin totalling 193,965 hectares and an additional eight properties totalling 146,232 hectares in which Denison Mines Corp. has the option to earn varying interests. JNR also holds a 50% interest in the 44,352-hectare South Fork uranium property located in the Cypress Hills area of southwestern Saskatchewan, with joint venture partners Titan Uranium Incorporated and Mega Uranium Ltd. In Newfoundland, JNR holds a 70% interest (Altius Mineral Corporation 30%) in the 6,450-hectare Rocky Brook uranium property and is also in a 50:50 alliance with Altius on its 102,575-hectare Topsails uranium property.Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this news release. Statements contained in this news release that are forward-looking statements involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of the Company to be materially different from any future results, performance or achievements expressed or implied by the forward-looking statements. Such risks and other factors include, among others, risks related to the accessibility to the property; operational risks; weather; availability of equipment and personnel; changes in project parameters as plans continue to be refined; delays in obtaining governmental approvals; delays or failure in obtaining financing on acceptable terms. 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 statements, 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 forward-looking statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking statements.%SEDAR: 00003829EFor further information: JNR Resources at 306.382.2211 or 877.567.6463; Website: www.jnrresources.com