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Introduction
The Way Lake property is located 55 kilometres east of the Key Lake Mine and 35 kilometres southeast of the Moore Lake joint venture property. It consists of 17 contiguous claims totalling 71,795 hectares. JNR Resources holds an unencumbered 100% interest in the property.
JNR began staking ground in the area in May 2004, after a review of assessment files indicated that high-grade uranium values from grab samples in 1978 coincided with an area of highly anomalous uranium values in glacial debris, swamps and muskegs.
Geologically, the claims are underlain by a steeply dipping and northeast trending, highly folded sequence of intercalated Aphebian-aged Wollaston Group sediments that conformably overly and flank an Archean gneiss dome.
Previous Work
High-grade uranium mineralization was discovered by Agip Canada Ltd. in 1978, while carrying out a program of airborne EM and magnetic surveys, diamond drilling, regional prospecting, mapping, and lake water and sediment sampling. Exploration continued for the next four to five years but was unsuccessful in explaining the anomalous radioactivity and/or extending the mineralized zone. The last recorded work on this ground was in the early 80's.
JNR completed a prospecting and mapping program on the Way Lake claims and surrounding ground during the 2006 summer field season. High-grade uranium mineralization was obtained from outcrop sampling of a previously identified massive pitchblende vein, now referred to as the Hook Lake showing. Two grab samples collected from the vein returned 40.1 % and 48% U3O8. The uranium mineralization is also associated with significant lead (up to 8.8%), rare earth element and thorium enrichment, and anomalous boron, cobalt and vanadium values.
A 4,500 line-kilometre helicopter-borne VTEM survey flown in fall 2006 identified some 50 kilometres of arcuate and structurally displaced conductors in the southwest portion of the property. This, along with the positive results from the summer program, prompted the staking of an additional 58,000 hectares.
The Hook Lake showing occupies a 1.0-metre wide by minimum 10-metre long dilational jog within a south-southwest trending ductile-brittle shear zone hosted by felsic to mafic intrusive rocks. The shear zone occurs along the edge of an extensive muskeg and likely acted as the conduit for the mineralization. The basement hosted-mineralization at Hook Lake has similarities to other uranium deposits such as Eagle Point. Both are structurally controlled, vein-type, high grade and likely part of the 'feeder system' to more typical unconformity deposits.
2007 Spring/Summer Program
The 2007 program represents the first significant exploration carried out on the project lands in over 25 years. It consisted of the completion of 14 diamond drill holes totalling 2,467-metres, accompanied by 120 kilometres of linecutting, Horizontal Loop EM and ground magnetics, as well as a detailed 700 line-kilometre airborne VTEM survey over the Hook Lake showing and previously unsurveyed claims in the southeastern portion of the property. In addition, a major prospecting campaign carried out over the entire Way Lake project area resulted in the discovery of three new zones of anomalous radioactivity in outcrop (West Way, Nob Hill, and EWA). An orientation bulk till sampling survey was also completed.
In total, eight holes (WYL-07-01 to -04 and -06 to -09) tested the vicinity of the Hook Lake showing where surface sampling in 2006 returned up to 48% U3O8 in grab samples; while four holes (WYL-07-05 and -10 to -12) tested a minimum 1.0-kilometre long, geophysically interpreted lineament located to the northwest of the showing. All 12 holes intersected significant structural features composed of brittle fracturing and/or ductile-brittle shearing. Of particular interest is a broad, roughly 20-metre wide northeast trending ductile-brittle fault, which correlates with the lineament and occurs some 80 to 90 metres from the showing. It is thought to represent the structure that controls the uranium mineralization at Hook Lake. Of the 12 holes, significant levels of radioactivity were intersected in three (WYL-07-01, -02 and -05).
The newly discovered West Way occurrence is located approximately 6.5 kilometres due north of the Hook Lake area. Anomalous radioactivity (10 to 400 times background) was identified at the north end of a 1.0-kilometre long ridge of discontinuous outcrops. The uranium mineralization is vein type and associated with a northeast-trending shear zone accompanied by molybdenite-bearing calc-silicate alteration. Two drill holes (WYL-07-13 and -14) tested the down dip extent of the mineralized shear zone at shallow depths and confirmed the presence of a well defined structure.
At Nob Hill, 14 kilometres to the southwest of the Hook Lake area, prospecting this summer discovered a north-northeast trending granitic pegmatite cut by cross cutting fractures with zones of elevated radioactivity ranging from 10 to 500 times background. The mineralization is vein-type and occurs within dilational zones similar to those that host the uranium mineralization at Cameco's Eagle Point uranium mine and at the Beaverlodge and Karpinka Lake deposits.
The newly discovered EWA zone is located approximately 19 kilometres southwest of Nob Hill, proximal to a northeast trending conductive zone identified by the airborne VTEM survey. The uranium mineralization occurs within a 10- to 20-metre wide, northeast trending sheared pelitic unit accompanied by granitic inliers and has been traced over a minimum strike length of 85 metres. Outcrop samples from this occurrence returned anomalous radioactivity ranging from 10 to 300 times background.
2008 Winter Program
The winter exploration program was initiated in March 2008. It consists of a planned 10,000 metres of diamond drilling as well as additional geological mapping and prospecting. The initial focus will be on the 60 kilometres of folded and structurally displaced EM conductors located in the southwest portion of the property. The drilling program will also test the newly discovered uranium showings and will continue testing the Hook Lake area. To ensure that its drilling objectives are met in a timely fashion, the Company will utilize its two new Duralite diamond drills.
Quality Assurance / Quality Control
JNR's Vice-President Exploration, David L. Billard, PGeo, is the Qualified Person for the Company's Athabasca Basin uranium projects. All technical information for the projects is obtained and reported under a formal quality assurance and quality control (QA/QC) program, details of which are presented in the PDF link below.
 Quality Assurance & Quality Control Program
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