Jiminex Inc. Updates on Pickle Lake, Ontario Drilling

Jiminex Inc. Updates on Pickle Lake, Ontario Drilling 
SHUNIAH, ONTARIO -- (Marketwire) -- 01/30/13 -- James R. B. Parres,
Chief Executive Officer, of Jiminex Inc. (TSX VENTURE:JIM) reports
that 454 metres of drilling has been completed at the Misehkow River
gold property, Pickle Lake region, Ontario. Two drill holes were
completed and a third drill hole (MIS-12-12) was stopped in progress,
in November 2012, due to freeze-up conditions and unavailability of
suitable aircraft locally. A total of 310 drill core samples were
split and sent to Accurassay Labs, Thunder Bay, Ontario for gold
assay with the best assay being 935 ppb over 1.3 metres. Mr. Parres
states "We have been drill testing a new highly prospective area 4 km
west of the 2011 new gold zone discovery at Misehkow River. The
results from the third hole, yet to be completed, indicate a
geochemically-anomalous gold halo zone similar to that at the nearby
past gold producer, the Dona Lake Mine. I am quite eager to get back
to finish MIS-12-12 and the remainder of the phase two drilling which
will also continue to test the 2011 discovery. This discovery
intersected a 2.4 m wide zone with a weighted average of 18.3 g/t
gold including 116 g/t over a 0.3 m width. Our new President Johnson
Zhang has been working on a financing for Jiminex, which will allow
our company to move forward on all its exploration projects in 2013." 
At Misehkow River, geological mapping, outcrop stripping and channel
sampling were done between May and November 2012. The planned 2,000
metre phase two diamond drilling program began towards the end of
September continuing until near the end of November 2012. This drill
program was delayed at this time for freeze-up. Drill hole MIS-12-12
was not completed due to the delay. A total of 78 samples were sent
from this hole to the lab. The highest value reported was 169 ppb
gold.  
The 92 m drilled in MIS-12-12 has 62 gold geochemical values greater
than 10 ppb with an average value being 37 ppb. At the nearby,
past-producing, Dona Lake gold mine, gold geochemical bedrock
background values are 1 ppb, but increase to 10 ppb near the deposit
as an alteration halo to the actual mined gold mineralization in the
iron formation. In MIS-12-12 these gold values are in the completed
upper part of the hole above the expected depth of the iron formation
and Jiminex Inc. technical management believes that these
geochemically-anomalous gold values represent a gold alteration halo
similar to that at Dona Lake as well as at many other gold deposits
worldwide. This suggests there could possibly be a more significantly
gold mineralized zone in the deeper iron formation not as yet reached
in MIS-12-12. Completion of this hole will determine if this theory
is correct. 
Jiminex Inc. was listed as a resource company on the TSX Venture
Exchange in 2009 and is focused on gold exploration in Canada. The
Company acquired three high potential properties located in three
well-known mining camps. The 100%-owned Misehkow River property is
situated in the Pickle Lake gold mining region of Ontario near to the
Pickle Crow Project of PC Gold Inc. and in the same general region as
the Musselwhite Mine currently being mined by Goldcorp Inc. Misehkow
River presents an opportunity to possibly locate more than one gold
deposit within a large target area. The Northern Eagle property is
located in the Hemlo gold mining camp, Ontario close to the 22
million ounce Hemlo deposit being mined by Barrick Gold Corp. The
property is considered one of the best target areas in which to
locate another Hemlo-style gold deposit and Jiminex has earned a 50%
interest from Beaufield Resources Inc. The 100% owned Parres and
Parres Two properties are located in the Snow Lake copper-zinc and
gold mining camp of Manitoba where the major Lalor Lake copper-zinc
and gold deposit discovery of HudBay Minerals Inc. is actively being
explored and developed.  
Allan J. Willy, P. Eng., VP Exploration & Director of Jiminex Inc. is
the qualified person responsible for the geotechnical content of the
Company's public information. 
If you would like to be added to Jiminex's news distribution list,
please send your name (optional) and email address to
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FORWARD-LOOKING STATEMENTS 
This press release may contain forward-looking statements that are
subject to known and unknown risks and uncertainties that could cause
actual results to vary materially from targeted results. Such risks
and uncertainties include those described in the Company's periodic
reports including the annual report or in the filings made by the
Company from time to time with securities regulations. The Company
undertakes no obligation to publicly release the result of any
revision of these forward-looking statements to reflect events or
circumstances after the date they are made or to reflect the
occurrence of unanticipated event. 
Shares outstanding: 47,152,912 
NEITHER TSX VENTURE EXCHANGE NOR ITS REGULATION SERVICES PROVIDER (AS
THAT TERM IS DEFINED IN THE POLICIES OF THE TSX VENTURE EXCHANGE)
ACCEPTS RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE. 
Contacts:
Jiminex Inc.
Jim Parres
CEO
(807) 977-1679
(807) 977-1769 (FAX)
info@jiminex.com
www.jiminex.com
 
 
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