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JNC Resources Receives Imperial Property Environmental Permit for Upcoming Drill Program

Permits & Approvals

JNC Resources Receives Imperial Property Environmental Permit For Upcoming Drill

Program

VANCOUVER, BC - October 20, 2020 – (CSE: JNC) (OTC: JNCCF) – JNC Resources Inc.

(“JNC” or the “Company”) is pleased to announce that it has received all necessary regulatory

approvals in connection with the Notice of Intent (“NOI”) that it filed with the United States

Department of the Interior, Bureau of Land Management (“BLM”), for the upcoming drill

campaign on the Imperial Property, Nevada. The upcoming drill campaign is anticipated to begin

shortly. The Imperial Property is located 18 miles northeast of Goldfield, which is the one of the

largest gold producing areas in Esmeralda County.

“The NOI, which covers all necessary environmental permitting, is a significant step as we ready

our Imperial Property for drilling.” stated Michael Mulberry, CEO of JNC Resources. “The

program is intended to test geological interpretations within the property, that historically has had

high prospects of gold. It is important that we have all the required environmental permits, as the

drill program will assist in information that will be vital for exploration efforts moving forward”

The proposed drill holes will test the main Imperial vein along with several gold-bearing structures.

We will also propose drilling in an area in the Northeast, that showed good surface alteration, with

much of the material being brecciated.

About JNC Resources Inc.

JNC is a North American-based junior venture mineral exploration company with a goal to develop

under-explored properties and benefit from deal flow generated by strategic partnerships and

growth opportunities. Currently the Company is developing its 100% optioned Triple 9 Project in

South Central British Columbia. The Triple 9 Project is a gold property with a new discovery of

high levels of base metals, located 20 km from the town of Sicamous. JNC also has an option

agreement with Great Basin Resources to acquire 100% control and interest in the Imperial Project

in Nevada. The Imperial Property is located in Esmeralda County, Nevada, which has been a

prolific mining area in the state. The Property is in close proximity to the town of Goldfields,

where gold production occurred in the early part of the 20th century.

For further information please contact:

Michael Mulberry

T: 778-855-5001

[email protected]

Forward-Looking Statements

This press release may contain forward-looking statements within the meaning of applicable securities law.

Forward-looking statements are frequently characterized by words such as “plan”, “expect”, “project”,

“intend”, “believe”, “anticipate”, “estimate” and other similar words, or statements that certain events or

conditions “may” or “will” occur.

Although the Company believes that the expectations reflected in applicable forward-looking statements

are reasonable, there can be no assurance that such expectations will prove to be correct. Such forward-

looking statements are subject to risks and uncertainties that may cause actual results, performance or

developments to differ materially from those contained in such statements.

NEITHER THE CANADIAN SECURITIES EXCHANGE NOR ITS REGULATION SERVICES PROVIDER ACCEPTS

RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE.