Jiulian Resources Completes 3D IP Survey; Discovers Large Chargeability Anomaly up to 136ms Down Dip of Historic Drilling on Big Kidd
Jiulian Resources Completes 3D IP Survey; Discovers Large Chargeability Anomaly
up to 136ms Down Dip of Historic Drilling on Big Kidd
January 21, 2019 / TheNewswire / Kelowna, BC - JIULIAN RESOURCES INC. (TSX-V: JLR)
("Jiulian" or the "Company") is pleased to report the results from a high resolution Volterra 3D array IP
survey which was recently completed on the Company’s Big Kidd Project (“Big Kidd” or the “Project”),
located near Merritt, British Columbia. The survey was completed by SJ Geophysics Ltd., based out of
Delta, BC. The IP survey successfully delineated a chargeability anomaly at surface, which is strongly
coincident with the copper-gold mineralization intersected by historic 1 drilling on the Big Kidd (“BK”)
Breccia Zone. More significant is a much larger and extremely strong (up to 136ms) chargeability
anomaly located down dip of the historic 1 drilling. This new anomaly, termed the “Big Brother Zone”,
measures approximately 1 kilometer in length by 500 meters in width and remains open below the
600 meter depth of the survey. The Big Brother Zone now increases the size of the Company’s drill
target area to 1.35 km in length by 700 meters in width.
Figures accompanying this news release, including a plan map showing the location of the IP lines
relative to the BK Breccia Zone (Fig. 1), cross-section line 5300N through the northern margin of the
BK Breccia Zone (Fig. 2), and a 3D flyby of the historic 1 drilling and the new 2019 IP chargeability
results can be found on the company’s website at www.jiulianresources.com
Construction of core logging and cutting infrastructure at a warehouse facility in West Kelowna, BC, is
quickly progressing and is anticipated to be completed shortly. The company is scheduled to
commence their phase I, 4000m diamond drilling program on February 2nd, 2019.
Ridgeline
The Company is pleased to announce it has retained Ridgeline Exploration Services Inc. (“Ridgeline”)
to manage the 2019 Big Kidd drill program. Ridgeline was instrumental in the 2018 discovery of the
Williams Zone copper-gold porphyry for Golden Ridge Resources Ltd.) this past summer in British
Columbia’s Golden Triangle District, which included hole HNK-18-013 that intersected 319 metres of
0.42 g/t Au, 0.34% Cu and 2.20 g/t Ag. Core will be logged and processed at a warehouse facility in
West Kelowna, which is approximately 90 kilometers by highway from the Project.
Qualified Person
Independent Director of Jiulian, Scott Dorion, P.Geo., is the designated Qualified Person of the
Company as defined by National Instrument 43-101 and has reviewed and approved the technical
information contained in this release.
About Jiulian
Jiulian is an exploration company engaged in acquiring and advancing mineral properties located in
southern British Columbia. The Company’s flagship asset is the wholly-owned, 4,056-hectare Big Kidd
property, located near Aspen Grove, BC. Jiulian Resources is based in Kelowna, British Columbia, and
is listed on the TSX-V under the symbol “JLR”.
ON BEHALF OF THE BOARD OF DIRECTORS OF
JIULIAN RESOURCES INC.
“X. Charlie Cheng”
X. Charlie Cheng
Chief Executive Officer
For more information regarding this news release, please contact:
Oliver Friesen, Director
T: 604-789-6128
W: www.jiulianresources.com
Cautionary Note – 1
Historical information contained in this news release, maps or figures regarding the Company’s project or adjacent properties are
reported for historical reference only and cannot be relied upon as a Company’s QP, as defined under NI-43-101 has not prepared
nor verified the historical information
Cautionary Note Regarding Forward-Looking Statements
Certain statements contained in this news release, constitute "forward-looking information" as such term is used in
applicable Canadian securities laws. Forward-looking information is based on plans, expectations and estimates of
management at the date the information is provided and is subject to certain factors and assumptions, including:
that the Company's financial condition and development plans do not change as a result of unforeseen events, that
the Company obtains required regulatory approvals, that the Company continues to maintain a good relationship
with the local project communities. Forward-looking information is subject to a variety of risks and uncertainties
and other factors that could cause plans, estimates and actual results to vary materially from those projected in
such forward-looking information. Factors that could cause the forward-looking information in this news release to
change or to be inaccurate include, but are not limited to, the risk that any of the assumptions referred to prove
not to be valid or reliable, which could result in delays, or cessation in planned work, that the Company's financial
condition and development plans change, delays in regulatory approval, risks associated with the interpretation of
data, the geology, grade and continuity of mineral deposits, the possibility that results will not be consistent with
the Company's expectations, as well as the other risks and uncertainties applicable to mineral exploration and
development activities and to the Company as set forth in the Company's Management’s Discussion and Analysis
reports filed under the Company's profile at www.sedar.com. There can be no assurance that any forward-looking
information will prove to be accurate, as actual results and future events could differ materially from those
anticipated in such statements. Accordingly, the reader should not place any undue reliance on forward-looking
information or statements. The Company undertakes no obligation to update forward-looking information or
statements, other than as required by applicable law.
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.