Jayden Resources Inc.

Jayden Resources Inc.

August 09, 2011 08:00 ET

Jayden Resources Inc.: Silver Coin Continues to Produce Strong Results; 3.90 g/t Gold Over 13.0 Meters Including 43.8 g/t Over 0.5 Meters in Hole SC11-351

VANCOUVER, BRITISH COLUMBIA--(Marketwire - Aug. 9, 2011) - Jayden Resources Inc. ("Jayden" or "the Company") (TSX:JDN) is pleased to announce assay results from an additional 5 holes from the planned 100 hole - 15,000 meter drilling program at Silver Coin. These results are from our infill drilling program which is designed to upgrade the resource from the inferred to measured and indicated categories, and to facilitate the building of a comprehensive geologic model for the deposit. Assay highlights from this new group of holes are shown below:

Hole ID Target From
SC11-337 Infill 5.5 12.0 6.5 1.25 0.037 2.59 0.076
SC11-351 Infill 93.5 150.2 56.7 1.48 0.043 4.71 0.138
including 116.5 117.7 1.2 4.86 0.142 4.80 0.140
189.7 202.7 13.0 3.90 0.114 3.76 0.110
including 200.8 201.3 0.5 43.8 1.279 23.4 0.683
SC11-355 Infill 66.0 67.5 1.5 6.50 0.190 9.40 0.274
187.0 192.8 5.8 1.55 0.045 7.42 0.217
SC11-358 Infill 91.5 117.0 25.5 1.85 0.054 3.38 0.099
including 100.0 108.4 8.4 3.78 0.110 4.57 0.133
133.0 161.4 28.4 1.25 0.037 4.76 0.139
including 154.0 155.4 1.4 3.75 0.110 3.50 0.102
SC11-358EX twin 133.0 162.9 29.9 1.16 0.034 1.70 0.050
including 158.0 159.6 1.6 4.32 0.126 2.80 0.082

For a map showing the location of the drill holes, and a table of all 2011 assay results please go to:


"We are very happy to continue seeing gold grades that are higher than the current average grade of the resource, and more of the previously recognized high-grade intervals. These new data contribute significantly to the advancement of the Silver Coin resource and the achievement of our goal to take the project to prefeasibility over the coming months," commented Jayden's President, Bob Felder.

About Jayden Resources

Jayden Resources is a Canadian exploration company with a 43-101 compliant resource at the Silver Coin gold/silver deposit in the Stewart Camp, northern B.C., that includes the historic Silbak-Premier Mine and Barrick Gold's famed Eskay Creek Mine. Excellent exploration potential remains to the north, north-west and south of the existing resource at Silver Coin, and will be tested in this year's drilling.

Technical information in this press release was prepared and reviewed by Lawrence Dick, Ph.D., P.Geo., recognized as a Qualified Person under the guidelines of National Instrument 43-101. Drill intersections were calculated using a cutoff of 0.30 g/t Au, and are reported as drilled thicknesses. Work to determine true thicknesses of mineralization is ongoing. Individual samples below the stated cutoff grade of 0.30 g/t Au are occasionally included in the calculated drill intersections, but only to the extent that the average grade in any two adjacent samples remains above the cutoff. Drill samples were assayed by Inspectorate Exploration and Mining Services Ltd. (ISO9001:2008) in Richmond, B.C. for gold by fire assay of a 30 gram (1 assay ton) charge with an AA finish, or if over 10.0 g/t were re-assayed and completed with a gravimetric finish. For these over-limit samples, the gravimetric data were utilized in calculating gold intersections. QA/QC included the insertion and continual monitoring of numerous standards and blanks into the sample stream. Samples were also analyzed for a 32-element geochemical suite using ICP-MS.

On Behalf of the Board:

David Eaton, Chief Executive Officer

This news release does not constitute an offer to sell or a solicitation of an offer to buy any of the securities of Jayden Resources Inc. in the United States. The securities have not been and will not be registered under the United States Securities Act of 1933, as amended (the "U.S. Securities Act") or any state securities laws and may not be offered or sold within the United States or to U.S. Persons unless registered under the U.S. Securities Act and applicable state securities laws or an exemption from such registration is available.

FORWARD LOOKING STATEMENTS: This document includes forward-looking statements as well as historical information. Forward-looking statements include, but are not limited to, the continued advancement of the company's general business development, research development and the Company's development of mineral exploration projects. When used in this document, the words "anticipate", "believe", "estimate", "expect", "intent", "may", "project", "plan", "should" and similar expressions may identify forward-looking statements. Jayden Resources Inc. believes that their expectations reflected in these forward looking statements are reasonable, such statements involve risks and uncertainties and no assurance can be given that actual results will be consistent with these forward-looking statements. Important factors that could cause actual results to differ from these forward-looking statements include the potential that fluctuations in the marketplace for the sale of minerals, the inability to implement corporate strategies, the ability to obtain financing and other risks disclosed in our filings made with Canadian Securities Regulators.

The Toronto Stock Exchange has not yet reviewed and does not take responsibility for the adequacy of the content of this news release.

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