Partner

JNR Resources is a junior mining company led by a highly experienced management team with proven discovery success in uranium exploration. An early player in the renowned Athabasca Basin of northern Saskatchewan, JNR began amassing key exploration properties in 1997 and controls over 245,000 hectares of highly prospective ground. The Company's expertise led to the discovery of the high-grade Maverick Zone (Moore Lake Joint Venture) in 2000.

TOPSAILS URANIUM-REE PROJECT

In October 2007 Altius Minerals Corporation and JNR Resources Inc. (TSXV:JNN) established an alliance to explore for volcanic-hosted uranium deposits in a defined area in central Newfoundland whereby Altius and JNR will each hold a 50% interest in the venture. Altius retains a 2% Gross Sales Royalty on uranium.

2009 Exploration Program

A property-wide field program of regional- to district-scale prospecting, mapping, geochemical sampling and geophysics (magnetics & radiometrics) was conducted on the Topsails property in 2008 and 2009. The highlights of the comprehensive 2-year program include identification of 5 priority target areas that include: Koorae Cu-Mo-Ag-Au Prospect, Railway U Showing, Long Range Mountain U-Th-REE Prospects (A and B) and the Sheffield Lake South Prospect.

Highlights include:

- New Cu-Mo-Ag-Au and U-Th-REE discoveries in a part of Newfoundland that has seen limited
exploration

- Potential to host varying styles of mineralization such as alkalic porphyry copper-gold and
volcanic-hosted uranium

- Best results include: 3.7% Cu, 0.62% U3O8 and 4.05% TREO in various samples

Plans for the 2010 exploration season at Topsails are being formulated.

For more detailed information regarding the Topsail project please visit JNR’s website at http://www.jnrresources.com/s/Topsails_Uranium.asp.