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Jayden Resources
News Release: January 18, 2007

FURTHER ASSAY RESULTS FROM SILVER COIN DRILLING

Stewart, BC Mountain Boy Minerals Ltd., Pinnacle Mines Ltd. and Tenajon Resources Corp. announce that further assay results have been received for the drilling on the Silver Coin project for the 2006 exploration program. These holes have intersected more high-grade gold and silver values in the Main Breccia zone of the Silver Coin property. Silver Coin is a gold-silver-base metal property located approximately 24 kilometers north of Stewart, British Columbia in the Skeena Mining Division.

During the 2006 exploration season, 24,206 meters of drilling was completed in 115 holes on the property area. Work has indicated that the Main Breccia zone is open along strike to the south and north of the current drilling. 

Of the 115 holes drilled, assays have now been received for 103 holes. Assays from the remaining 12 holes are expected soon. Hole 187 had no assays greater than 1g/t Au even though the Main Breccia was intersected.

 

DDH

From
(m)

To
(m)

Width
(m)

Au
g/t

Ag
g/t

Cu
%

Pb
%

Zn
%

CLAIM TESTED

2006-124

39.33

48.48

9.14

2.64

424.45

0.01

0.09

0.40

Kansas

and

115.55

118.60

3.05

1.12

4.5

0.006

0.04

0.07

Kansas

and

118.72

197.87

9.15

1.37

2.45

0.01

0.05

0.25

Kansas

2006-139

232.93

235.98

3.05

2.16

10.14

0.038

0.125

0.48

Kansas

2006-140

19.21

21.03

1.82

1.07

6.1

0.006

0.015

0.55

Big Missouri

and

52.44

90.70

38.26

1.44

8.06

0.01

0.30

0.67

Big Missouri

and

106.40

109.45

3.05

2.82

5.3

0.009

0.03

0.14

Big Missouri

and

201.07

212.80

13.72

1.09

4.61

0.006

0.07

0.22

Big Missouri

2006-141

65.24

66.77

1.52

1.02

7.9

0.017

0.37

0.92

Big Missouri

and

85.06

88.11

3.05

1.40

2.50

0.005

0.034

0.13

Big Missouri

2006-142

72.87

80.34

7.46

1.37

10.38

0.002

0.01

0.019

Big Missouri

and

88.11

100.30

12.18

1.32

9.53

0.004

0.048

0.26

Big Missouri

and

124.70

126.07

1.37

1.02

3.3

0.002

0.04

0.32

Big Missouri

and

194.82

197.87

3.05

2.66

3.8

0.014

0.07

0.15

Big Missouri

2006-143

91.16

94.21

3.05

1.43

3.5

0.006

0.01

0.08

Big Missouri

and

124.70

127.74

3.04

2.84

5.6

0.019

0.09

0.11

Big Missouri

and

156.10

159.76

3.66

1.76

3.72

0.001

0.01

0.21

Big Missouri

and

197.87

200.91

3.04

2.28

9.1

0.042

0.11

0.26

Big Missouri

and

219.21

222.26

3.05

1.65

2.2

<0.001

<0.01

0.01

Big Missouri

2006-144

83.54

85.06

1.52

1.74

2.4

<0.001

0.01

0.01

Kansas

and

94.97

95.88

0.91

4.8

32

<0.001

0.06

0.06

Kansas

and

114.02

114.94

0.91

1.27

64.9

0.005

0.31

1.01

Kansas

2006-145

63.72

72.56

8.82

1.60

9.78

0.01

0.16

0.34

Kansas

and

106.40

126.37

19.92

1.65

3.96

0.007

0.06

0.10

Kansas

and

135.37

138.41

3.04

3.57

23.0

0.03

0.16

0.28

Kansas

2006-146

54.48

62.20

7.70

3.87

11.14

0.02

0.24

0.58

Kansas

including

56.10

57.62

1.52

11.14

21.6

0.028

0.57

1.04

Kansas

and

97.26

120.73

23.43

2.373

4.65

0.003

0.11

0.24

Kansas

including

103.25

104.88

1.52

9.29

10.3

0.005

0.04

0.24

Kansas

and

120.73

142.99

22.21

2.92

5.08

0.01

0.06

0.22

Kansas

including

126.22

127.74

3.04

11.84

12.8

0.048

0.05

0.09

Kansas

and

152.13

163.11

10.66

1.42

11.4

0.005

0.031

0.06

Kansas

2006-147

86.59

88.11

2.13

1.37

14.4

0.01

0.03

0.04

Kansas

and

106.40

117.84

11.44

1.64

4.60

0.011

0.07

0.14

Kansas

2006-148

86.59

89.63

3.05

4.48

7.65

0.03

0.13

0.22

Kansas

and

100.30

103.35

3.05

1.12

3.1

0.006

0.04

0.14

Kansas

and

110.98

114.02

3.05

2.92

6.1

0.01

0.05

0.19

Kansas

and

127.84

129.27

1.52

3.36

7.4

0.004

0.06

0.08

Kansas

2006-149

63.72

64.94

1.22

2.01

1.6

0.001

0.01

0.03

Kansas

and

78.05

88.41

10.36

1.60

34.12

0.15

0.95

1.78

Kansas

2006-179

102.74

108.84

6.1

2.30

4.52

0.006

0.050

0.08

Kansas

and

143.90

145.43

1.53

1.24

14.2

0.005

0.03

0.04

Kansas

and

150.15

160.67

10.52

1.86

18.33

0.03

0.39

0.58

Kansas

and

164.94

166.77

1.83

1.04

11.2

0.006

0.08

0.12

Kansas

2006-180

81.90

84.45

3.05

1.55

6.2

0.03

0.05

0.08

Kansas

and

99.70

145.73

46.03

1.46

2.77

0.005

0.03

0.07

Kansas

and

154.57

174.87

20.3

1.55

4.55

0.003

0.06

0.13

Kansas

and

182.01

185.06

3.05

1.4

5.0

0.001

0.03

0.06

Kansas

2006-181

84.45

90.55

6.1

1.98

4.38

0.001

0.09

0.13

Kansas

and

99.70

102.74

3.04

1.91

2.8

0.003

0.01

0.01

Kansas

2006-182

44.82

53.96

9.15

2.08

3.40

0.002

0.01

0.03

Kansas

and

75.30

76.83

1.53

1.33

5.90

0.024

0.11

0.30

Kansas

and

92.99

94.66

1.67

2.07

6.0

0.009

0.30

0.68

Kansas

and

107.32

108.84

1.52

1.41

1.60

0.004

0.01

0.02

Kansas

and

124.09

148.48

24.39

3.43

13.16

0.009

0.17

0.25

Kansas

Including

134.76

136.28

1.52

15.98

78.0

0.005

0.10

0.13

Kansas

including

139.33

140.85

1.52

10.99

13.0

0.002

0.09

0.18

Kansas

2006-183

53.96

57.01

3.05

1.05

2.1

0.001

0.01

0.01

Kansas

and

75.30

81.1

5.8

1.55

12.7

0.07

0.27

0.64

Kansas

and

99.7

103.96

4.26

3.06

12.2

0.03

0.45

1.24

Kansas

and

121.04

141.77

20.73

1.21

5.02

0.01

0.11

0.13

Kansas

2006-184

128.66

130.18

1.52

1.39

10

0.005

0.06

0.36

Big Missouri

and

155.79

178.96

23.17

4.87

4.06

0.003

0.02

0.10

Big Missouri

including

155.79

157.62

1.83

36.14

11.7

0.003

0.05

0.11

Big Missouri

2006-185

54.27

56.09

1.82

11.63

8.2

0.009

0.06

0.25

Big Missouri

and

80.72

98.93

10.21

2.28

17.87

0.05

0.84

1.21

Big Missouri

and

129.42

130.95

1.53

1.16

5.1

0.002

0.05

0.05

Big Missouri

and

194.21

197.26

2.75

1.41

2.8

0.004

0.03

0.07

Big Missouri

2006-186

21.95

23.48

1.53

1.06

1.60

0.003

0.05

0.11

Big Missouri

and

29.42

30.79

1.37

1.68

1.90

0.008

0.01

0.01

Big Missouri

and

41.77

43.29

1.52

1.01

4.30

0.004

0.04

0.09

Big Missouri

and

78.96

80.49

1.52

1.34

3.1

0.001

0.07

0.43

Big Missouri

and

85.37

87.50

2.13

2.17

4.30

0.001

0.02

0.07

Big Missouri

and

114.94

116.46

1.52

1.93

0.70

0.002

0.02

0.08

Big Missouri

and

167.38

169.31

1.83

2.75

1.90

0.012

0.06

0.18

Big Missouri

2006-200

108.84

110.37

1.52

1.95

6.1

0.004

0.02

0.21

Big Missouri

and

116.46

117.99

1.52

1.25

29.5

0.007

0.03

0.16

Big Missouri

2006-201

24.70

32.62

7.93

1.54

2.72

0.002

0.012

0.02

Big Missouri

and

43.29

44.82

1.52

1.15

4.5

0.002

0.01

0.10

Big Missouri

and

46.34

47.87

1.52

1.04

2.10

0.002

<0.01

0.02

Big Missouri

and

70.43

71.80

1.37

1.12

6.80

0.007

0.13

0.81

Big Missouri

and

75.30

76.83

1.52

1.48

7.0

0.004

0.01

0.01

Big Missouri

and

96.55

99.70

3.04

10.17

37.95

0.066

0.26

1.00

Big Missouri

2006-202

17.58

37.20

19.82

4.37

5.46

0.005

0.016

0.044

Big Missouri

including

20.43

23.48

3.05

21.55

13.6

0.007

0.02

0.04

Big Missouri

and

107.32

108.84

1.52

2.71

10.7

0.006

0.05

0.22

Big Missouri

2006-203

95.12

108.84

23.78

1.49

7.99

0.02

0.20

0.50

Big Missouri

including

95.12

96.65

1.52

9.67

20.3

0.062

0.59

1.44

Big Missouri

and

130.18

133.23

3.05

1.09

2.60

0.003

0.02

0.09

Big Missouri

and

145.43

146.95

1.52

3.29

6.20

0.004

0.02

0.04

Big Missouri

and

178.96

195.73

16.77

7.40

16.21

0.016

0.12

0.32

Big Missouri

including

182.01

188.11

6.1

17.90

36.8

0.04

0.27

0.75

Big Missouri

2006-204

105.79

113.41

7.62

2.61

2.72

0.005

0.022

0.26

Big Missouri

and

150

151.52

1.52

1.03

4.2

0.003

0.07

0.15

Big Missouri

and

154.57

156.10

1.53

1.15

3.6

0.011

0.10

0.15

Big Missouri

and

183.08

186.13

3.05

3.00

5.20

0.007

0.14

0.12

Big Missouri

2006-205

25.46

46.19

20.73

1.07

25.17

0.06

0.71

1.50

Dan Fr.

2006-206

19.51

43.9

24.39

2.20

5.31

0.014

0.105

0.45

Dan Fr.

and

72.79

74.24

1.45

1.55

1.30

0.002

0.02

0.22

Dan Fr.

and

88.41

91.31

4.11

1.89

2.39

0.022

0.04

0.42

Dan Fr.

Prior to this year’s drilling program, MineFill Services of Seattle, WA completed a resource calculation on Silver Coin in compliance with CIMM (2000) Standards at geometric cut-off which indicated a total inferred resource of an estimated 500,000 ounces of gold and 2.11 million ounces of silver. The inferred resource consists of 11.3 million tonnes grading 1.60 g/t gold, 6.64 g/t silver, 0.06% Copper, 0.19% lead and 0.41% zinc.  The 2006 drill program was aimed at possibly doubling or tripling this resource. MineFill is currently preparing a revised resource calculation with the results expected to be available in the first quarter of 2007.

The Silver Coin project and associated minerals claims is a 51-49% joint venture between Pinnacle Mines and Mountain Boy Minerals. The Kansas claim is the subject of an option/joint venture with Tenajon Resources Corp., pursuant to which the Pinnacle/Mountain Boy joint venture is earning a 60% interest through the expenditure of $1,000,000 on exploration over four years. The joint venture can earn a 70% interest in the Kansas claim by exercising an option to deliver a feasibility study within four years of earning the initial 60%.

E. Kruchkowski, P. Geo., is the qualified person under National Instrument 43-101 that is in charge of the exploration program on behalf of the companies.  Drill core and trench samples are assayed by Assayers Canada of Vancouver, BC.

Pinnacle Mines Ltd. is a Canadian based mineral exploration company with assets in Canada and Mexico.  In Canada, Pinnacle holds several properties in Northwestern British Columbia in proximity to numerous past and producing mines including the Silbak-Premier Mine and Barrick Gold’s famed Eskay Creek Mine. In Mexico, Pinnacle has an option to acquire the Tuligtic property, a copper-gold target near Mexico City as well as an option to acquire the Rio Minas/La Calavera projects in the state of Oaxaca.

For further information about this news release contact Andrew Bowering, President or John Van Duzen at 604-688-7377 or visit Pinnacle’s website at www.pinnaclemines.com for further property information and/or assay results.

On behalf of the Board of Directors

“Andrew W. Bowering”

President and CEO

The TSX Venture Exchange has not reviewed and does not accept responsibility
for the adequacy or the accuracy of the content of this news release.

© 2010 Jayden Resources