Pinnacle Mines Changes Name to Jayden Resources Trading on TSX-V under “JDN”
#1980–1075 W. Georgia St., Vancouver, B.C. V6E 3C9 • Tel: (604) 688-9588 • Fax: (778) 329-9361
Pinnacle Mines Changes Name to Jayden Resources Trading on TSX-V under “JDN”
Vancouver, B.C., June 28, 2010; Pinnacle Mines Ltd. (PNL:TSX-V, “Pinnacle” or “the Company”) announces that effecti ve to m orro w, June 29, 2010, the C o m pan y’s na me w i ll change to Jayden Resources Inc. and the C o m pany’s co m m on shares w i ll trade on the T S X Venture E xchange under the ne w sy m bol “J D N”.
T he na me change is the first of a nu m ber of develop ments the C o m pan y has planned o ver the co m i ng m o nths including the rapid advance ment of the C o m pan y’s Silver C oin G old Project in the Ste wart Ca m p in N o rth western B ritish C ol u m bia.
In this regard, the C o m pan y has contracted A M E C A m ericas L t d. (“A M E C”) to conduct 2 nd phase environ mental studies on Sil ver C oin including:
- Fisheries and A q uatics B aseline studies;
- C li mate Station Installation & M o n itoring;
- Strea m Flo w M o n itoring;
- Surface W ater Q uality M o n itoring
A M E C w i ll start lake and strea m surveys in the next 2-3 w eeks in conjunction w ith other baseline surveys and w i ll also install a w eather station to establish bench marks in advance of future per mitting.
About Jayden Resources
Jayden Resources (for merly Pinnacle M i nes) is a Canadian exploration co m pany w ith an advanced-stage gold/silver deposit on its Sil ver C oin property in the Ste wart Ca m p, northern B C - an emerging m ajor metals district that includes the historic Silbak-Pre mier M i ne and B arrick G old’s fa med Eskay C reek M i ne. O n Silver C oin, excellent exploration potential re mains to the north, north-w est and south of the existing resource.
Technical infor mation in this press release w as prepared and revie wed b y R o bert Perry, P.Geo, w h o is recognized as a Q ualified Person under the guidelines of N ational Instru ment 43-10 1.
For further infor mation about Pinnacle and this ne ws release contact M i ke T hast at 604-688-9588 or visit Jayden’s w e bsite at w w w.jaydenresources.co m .
O n B ehalf of the B oard:
“David Eaton”
C hief E xecuti ve O f ficer
FORWARD LOOKING STATEMENTS: T h is docu ment includes for ward-loo king state ments as w ell as historical infor mation. For ward-loo king state ments include, but are not li m ited to, the continued advance ment of the co m pany’s general business develop ment, research develop ment and the co m pany’s develop ment of m i neral exploration projects. W h en used in this docu ment, the w o rds “anticipate”, “believe”, “esti mate”, “expect”, “intent”, “ may”, “project”, “plan”, “should” and si milar expressions m a y identif y for ward-loo king state ments. A lthough Pinnacle M i nes L t d. believes that their expectations reflected in these for ward loo king state ments are reasonable, such state ments in vol ve risks and uncertainties and no assurance can be gi ven that actual results w i ll be consistent w ith these for ward-loo king state ments. I m p ortant factors that could cause actual results to differ fro m these for ward-loo king state ments include the potential that fluctuations in the mar ketplace for the sale of m i nerals, the inability to i m ple ment corporate strategies, the ability to obtain financing and other risks disclosed in our filings made w ith Canadian Securities Regulators.
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 release.