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Press release from CNW Group

JNR/Altius Discover Additional Mineralization at the Koorae Cu-Mo-Au-Ag Prospect, Topsails Project, Newfoundland

Monday, November 01, 2010

JNR/Altius Discover Additional Mineralization at the Koorae Cu-Mo-Au-Ag Prospect, Topsails Project, Newfoundland08:00 EDT Monday, November 01, 2010TSXV:JNN Email:  info@jnrresources.comWebsite:  www.jnrresources.comSASKATOON, Nov. 1 /CNW/ - JNR Resources Inc. (TSXV:JNN) (the 'Company')is pleased to provide the following update from the Koorae copper-molybdenum-gold-silver (Cu-Mo-Au-Ag) prospect on its Topsails Project in west-central Newfoundland.  The Topsails Project is a 50/50 alliance between the Company and Altius Resources Inc. (jointly the 'Companies') that was established to explore for volcanic-hosted uranium (U) deposits in a defined area of west-central Newfoundland near the mining community of Buchans.The 2010 exploration program, budgeted at approximately $500,000, was initiated in July and is now near completion. The program focused on the Koorae Cu-Mo-Au-Ag prospect and five other significant areas (Railway U showing, Sheffield Lake South Cu prospect, Long Range Mountain U-REE prospects A and B, and Catcher's Pond Cuprospect).Reconnaissance prospecting in 2008 on the Topsails Project resulted in the discovery of the Koorae prospect approximately 15 kilometres northwest of Buchans, where grab samples from boulders returned assays up to 3.5% Cu, 0.12% Mo, 35.1 g/t Ag, and 0.18 g/t Au. In 2009, trenching of the prospect identified an area of mineralized outcrop approximately 100 metres by 15 metres in size, containing disseminated copper sulphides and magnetite within altered quartz-feldspar porphyry. Twenty-one of the 23 randomly collected grab samples from the quartz-feldspar porphyry returned anomalous values of up to 0.87% Cu, with an average of 0.15% Cu. (See JNR News Release of November 30, 2009).In 2010, extensive trenching and an induced polarization/resistivity (IP) and ground magnetics survey were completed over the Koorae prospect. The trenching extended the main zone of porphyry Cu mineralization to a length of approximately 235 metres, while a preliminary interpretation of the IP-magnetics survey revealed significant structural and alteration zones. Four other trenches were excavated over nearby soil geochemical anomalies. Detailed geological mapping and extensive sampling were completed on all the trenches. Samples have been submitted to the Saskatchewan Research Council's Geo-Analytical Laboratory for multi-element analysis; results will be released as they become available.The Companies are planning additional IP and soil geochemistry surveys, dependent on the results of the 2010 surveys, to further extend the Koorae prospect area and identify new drill targets. These programs are anticipated to be carried out over the 2011 summer field season.JNR is led by a highly experienced management team with proven discovery success in uranium exploration. In addition to its projects in Newfoundland, the Company has an interest in fourteen properties totalling some 340,197 hectares of highly prospective ground in the renowned Athabasca Basin of northern Saskatchewan.JNR's Director of Exploration, Dr. Irvine R. Annesley, P.Geo., is the qualified person responsible for the technical data presented in this release. 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.ON BEHALF OF THE BOARDRick KusmirskiPresident & CEONeither 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: contact JNR Resources at 306.382.2211 or 877.567.6463