SOURCE: Jameson Stanford Resources Corp.
LAS VEGAS, NV--(Marketwired - Sep 25, 2013) - Jameson Stanford Resources Corp. (OTCBB: JMSN) (the "Company"), a metals and minerals exploration, development, and production company, announced that the Company has been managing an extensive third party engineering Diamond Core Drilling Program within the Wild Bill area at the northern end of its Star Mountain Mining District, Chopar Mine located in Beaver County, Utah.
"Jameson Stanford Resources' current exploration program and technical reports associated with aerial and ground magnetometer surveys, modeling, geologic ground reconnaissance, geo mapping, surface sampling, and extensive reverse circulation drilling, warranted graduation to diamond core drilling to further delineate the sizable mineralized porphyry discovered at the Wild Bill area of the property," stated Michael Stanford, President of Jameson Stanford Resources Corp.
The Company completed its reverse circulation drilling program of the area earlier this year when 14 of 15 drill holes intersected near surface mineralization continuing to a depth of 500 feet (152.4 meters), then commenced diamond core drilling in August. The diamond core drilling will be complete this November and will culminate with N.I. 43-101 and SEC Industry Guide 7 reporting on the area. The Wild Bill area represents approximately one-fifth of the 4,998 acres comprising the Chopar Mine.
Diamond core drilling is used in the mining and metallurgy industry to probe the contents of known mineralized deposits for their potential by drilling with a hollow diamond impregnated, or surfaced bit, and a core barrel to obtain a rock core. Geologists then can analyze the core visually with the aid of optics, by chemical assay, and conduct petrologic, structural, and mineralogical studies of the rock.
About Jameson Stanford Resources Corp.
Jameson Stanford Resources Corp. is a mining metallurgical development and production company focused on acquiring and consolidating mining claims, mineral leases, producing mines, and historical mines with production and future growth potential through exploration discoveries. Operations are focused on the initiation, production, and expansion of acquired mineral resources into producing assets.
For more information, visit www.JamesonStanford.com
Safe Harbor Forward-Looking Statements
This press release contains "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, and such forward-looking statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. You are cautioned that such statements are subject to a multitude of risks and uncertainties that could cause future circumstances, events or results to differ materially from those projected in the forward-looking statements as a result of various factors and other risks, including those set forth in the Company's Form 10-K filed with the Securities and Exchange Commission. You should consider these factors in evaluating the forward-looking statements included herein, and not place undue reliance on such statements. The forward-looking statements in this release are made as of the date hereof and the Company undertakes no obligation to update such statements.