James R. B. Parres, President & CEO of Jiminex Inc. has reported that a phased drilling program will begin the week of November 1, 2010 on the Northern Eagle Gold Property, Hemlo gold region, Ontario.
Bodnar Drilling Ltd. of St. Rose du Lac, Manitoba has been contracted for the first phase which will drill test several of the high priority Titan 24 geophysical targets recommended by Quantec Geoscience Ltd. Mr. Parres comments "Jiminex management and that of Beaufield Resources Inc., from which Jiminex is earning a 50% interest, are very excited about drill testing the Titan 24 targets. We believe our property to be one of the best targets in the Hemlo region for another discovery of Hemlo-style gold mineralization. The Titan 24 survey shows that many untested drill targets exist on the Northern Eagle property at depth and where gaps occur in the historical drilling. Our exploration strategy is also supported by the fact that there is no greenstone belt worldwide with only one gold deposit, and we hope our drilling programs will locate a neighboring gold mine to Barrick's nearby Hemlo operation."
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.
Source: Jiminex Inc.