JAZZ RESOURCES INC.


2394 W. Broadway
Vancouver, BC  V6K 2E5

Telephone: 604 733-4830                                                                                                      Fax: (604) 736-8584
Email: mail@jazzresources.ca                                                                                               JZR: TSX-V             
March 29, 2011

 

NEWS RELEASE – FOR IMMEDIATE RELEASE

 JAZZ BEGINS ENVIRONMENTAL STUDY FOR PILOT MILL

Jazz Resources Inc. (JZR: TSX-V) is pleased to announce that Keystone Environmental has been engaged to conduct an environmental study at the former Spider Mine mill site near Camborne BC. The results of the study will be used to support the permit application for a pilot mill at the site. The pilot mill will be used to process bulk samples from the Teddy Glacier property and mineralization from the Spider Mine.


The study would examine the soil, the existing tailings, and surface water chemistry to provide an overview for a reclamation program. The information obtained would also be used to site the pilot mill, dispose of tailings, and provide data for a baseline characterization.

A biologist and a geoscientist will travel to the site to collect data on vegetation and wildlife and conduct water and soil sampling.

The Spider Mine was brought into production in 1952 and continued operations until 1958. Total production to the end of 1958 was 371 kilograms of gold, 53,481 kilograms of silver, 85 tonnes of copper, 10,845 tonnes of lead, 11,519 tonnes of zinc, 60 tonnes of cadmium and 4 tonnes of antimony from 128,063 tonnes of ore with a recovery grade of 0.086 oz Au/ton, 12.2 oz Ag/ton, 8.6% Pb and 9.14% Zn.  This vein was developed from surface to a depth of 200 metres.  Mineralized material, of grades similar to what was mined previously, was intersected in drilling an additional depth of 70 metres below this lowest level.

A pilot mill at the site would facilitate the re-opening of the Spider Mine.

J. T. Shearer, M.Sc., P.Geo.  is the Qualified Person as defined by NI 43-101 who supervised the preparation of the technical material of this release.

 

On behalf of the Board of Directors,

“Bryan Glen”

President

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.

This press release contains forward-looking statements.  All statements, other than statements of historical fact, constitute “forward-looking statements” and include any information that addresses activities, events or developments that the Company believes, expects or anticipates will or may occur in the future including the Company’s strategy, plans or future financial or operating performance and other statements that express management’s expectations or estimates of future performance.

All such forward-looking information and statements are based on certain assumptions and analyses made by the Company’s management in light of their experience and perception of historical trends, current conditions and expected future developments, as well as other factors management believes are appropriate in the circumstances.  These statements, however, are subject to known and unknown risks, uncertainties and other factors that may cause the actual results, level of activity, performance or achievements of the Company to be materially different from those expressed, implied by or projected in the forward-looking information or statements.  Important factors that could cause actual results to differ from these forward-looking statements include but are not limited to: risks related to the exploration and potential development of the Company’s projects, the actual results of current exploration activities, conclusions of economic evaluations, changes in project parameters as plans continue to be refined, future prices of gold, as well as those factors discussed in the sections relating to risk factors of the Company set out in certain of the Company’s disclosure documents filed on SEDAR.

There can be no assurance that any forward-looking statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, the reader should not place any undue reliance on forward-looking information or statements.  Except as required by law, the Company does not intend to revise or update these forward-looking statements after the date of this document or to revise them to reflect the occurrence of future unanticipated events.