Jiulian Resources Inc.
TSX VENTURE : JLR

Jiulian Resources Inc.

April 18, 2012 16:28 ET

Jiulian Resources Provides Exploration Update

VANCOUVER, BRITISH COLUMBIA--(Marketwire - April 18, 2012) - Jiulian Resources Inc. ("Jiulian" or the "Company") (TSX VENTURE:JLR) is pleased to provide an update on exploration activity conducted on the Big Kidd Property in the Nicola Mining Division, British Columbia. Xstrata Canada Corp. ("Xstrata"), the optionee of the Property has conducted the work described below. Company President X. Charlie Cheng, reports the following:

"We are very impressed by the style, scale and speed of Xstrata's exploration at the Big Kidd property which Jiulian optioned to Xstrata last October. Xstrata's technical team has been conducting exploration work in a very professional and efficient manner. The Company is looking forward to more progress in the aggressive exploration taking place at the Big Kidd property."

Exploration Activity in 2011

Subsequent to Optioning the Property in October 2011, Xstrata field teams completed Mobile Metal Ion ("MMI") geochemical sampling, conventional B-Horizon ("B-Horizon") geochemical sampling, and Induced Polarization ("IP") surveying before the end of the year. Xstrata also initiated a re-evaluation of historical drill core from the Big Kidd project. Specific work completed is as follows:

  • 738 MMI samples and 738 B-Horizon samples were collected at 100m spaced intervals along 400m spaced grid lines, covering the entirety of the Property
  • 38.2 line kilometers of 50m pole-dipole IP readings

Exploration Activity in 2012

In early 2012, the Xstrata team returned to the Property and completed additional IP surveying as follows:

  • 50.7 line kilometers of 100m pole-dipole IP readings

Completion of the latest IP survey provides near total IP coverage of the Big Kidd Property, at 400m spaced line intervals.

Pending further analysis and follow-up of targets identified during the soil geochemical and IP surveys, Xstrata is considering a diamond drilling program at Big Kidd in 2012, and has submitted an application for a Multi-Year Area Based ("MYAB") diamond drilling permit at Big Kidd which is currently pending regulatory approval.

Charlie Cheng says "The pace and scope of this work clearly demonstrates Xstrata's strong commitment to making a significant Cu-Au discovery at Big Kidd, and we look forward to more progress in 2012."

Qualified Person: Technical information in this news release has been reviewed and approved by J. Paul Sorbara, P. Geo. who is a Qualified Person within the meaning of National Instrument 43-101.

About Jiulian Resources Inc.

Jiulian is a junior exploration public company based in Vancouver, BC engaged in the acquisition and exploration of mineral properties that have potential of containing metals with strong market demand. The Company's management team consists of an experienced geologist, mining engineer, accountant and businessman who have proven successful records.

For more information about Jiulian, please visit www.jiulianresources.com.

ON BEHALF OF THE BOARD OF DIRECTORS OF JIULIAN RESOURCES INC.

X. Charlie Cheng, Chief Executive Officer, Director

Cautionary Statement

The foregoing information may contain forward-looking statements relating to the future performance of the Company. Forward-looking statements, specifically those concerning future performance, are subject to certain risks and uncertainties, and actual results may differ materially from the Company's plans and expectations. These plans, expectations, risks and uncertainties are detailed herein and from time to time in the filings made by the Company with the TSX Venture Exchange and securities regulators. The Company does not assume any obligation to update or revise its forward-looking statements, whether as a result of new information, future events or otherwise.

Neither the TSX Venture Exchange nor its Regulation Service Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release. No stock exchange, securities commission or other regulatory authority has approved of disapproved the information contained herein.

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