Jayden Resources Inc.

Jayden Resources Inc.

September 08, 2011 08:00 ET

Jayden Resources Inc.: Silver Coin Drilling Update-Excellent Progress and Continued Strong Results

2.50 g/t gold over 11.6 meters, including 16.3 g/t over 0.6 meters in Hole SC11-362, and 2.82 g/t gold over 13.4 meters, including 6.07 g/t over 2.6 meters in Hole SC11-370

VANCOUVER, BRITISH COLUMBIA--(Marketwire - Sept. 8, 2011) - Jayden Resources Inc. (TSX:JDN) ("Jayden" or "the Company") is pleased to announce additional assay results from 14 additional holes from the planned development drilling program at Silver Coin. To date, 98 holes, totalling 14,892 meters have been completed, ahead of schedule and under budget. Assays have been reported on 44 of these holes. The Company plans to take advantage of this excellent productivity and extend the drilling program by an additional 3000 meters, or approximately 15-20 additional holes. Assay highlights from the new holes are shown in the following table:

Hole ID From
SC11-350 79.2 85.8 6.6 1.57 0.046 8.28 0.242
99.2 104.3 5.1 4.23 0.124 13.26 0.387
SC11-362 109.5 113.4 3.9 1.66 0.048 5.97 0.174
including 111.0 111.5 0.5 5.64 0.165 7.60 0.222
146.0 157.6 11.6 2.50 0.073 10.27 0.300
including 146.0 146.6 0.6 16.30 0.476 33.50 0.978
156.9 157.6 0.7 6.74 0.197 61.70 1.802
SC11-364 126.3 129.6 3.3 3.44 0.100 17.14 0.500
including 127.1 128.5 1.4 7.57 0.221 35.00 1.022
SC11-365 89.5 93.5 4.0 3.80 0.111 11.19 0.327
including 89.5 90.5 1.0 8.22 0.240 13.60 0.397
116.2 125.5 9.3 1.66 0.048 6.78 0.198
including 124.6 125.5 1.0 5.12 0.150 7.20 0.210
SC11-367 58.0 74.0 16.0 1.51 0.044 5.60 0.164
223.0 226.5 3.5 2.29 0.067 32.68 0.954
SC11-368 128.5 131.6 3.1 7.15 0.209 22.35 0.653
SC11-370 236.0 249.3 13.4 2.82 0.082 34.25 1.000
including 239.4 242.0 2.6 6.07 0.177 66.96 1.955
SC11-373 247.8 248.8 1.0 13.60 0.397 83.9 2.450
SC11-376 44.5 49.1 4.6 4.94 0.144 10.21 0.298
including 44.5 46.0 1.5 9.90 0.289 5.20 0.152

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


Jayden's President, Bob Felder commented, "Assay results are now coming in regularly and we anticipate steady news flow from the project for the weeks and months to come. These current assays continue to demonstrate the strength of mineralization at Silver Coin."

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 30-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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