JIULIAN EXPLORATION UPDATE AND GRANTS STOCK OPTIONS
July 25, 2013 – Jiulian Resources Inc. (“Jiulian” or the “Company”) (TSXV: JLR) reports that its exploration program on its 100% owned Little Fort property is progressing. The goal of current exploration program is to identify prospective targets cost-effectively for follow-up geophysical IP surveying and/or future diamond drilling through geological mapping, lithogeochemical and detail stream sediment/soil geochemical sampling.
Jiulian has been advised that as a result of recent corporate restructuring, Xstrata Copper Canada Corporation has elected to terminate the Big Kidd option agreement and will return the subject property and drill core to Jiulian by August of 2013.
Jiulian has granted incentive stock options to directors, officers and consultants of the Company for the purchase of an aggregate of 770,000 common shares of the Company at an exercise price of $0.10 each until July 25, 2018.
The options are being granted pursuant to the terms of the Company’s 2012 stock option plan and are subject to TSX Venture Exchange policies and approval.
For further information about Jiulian, please contact:
X. Charlie Cheng, Chief Executive Officer and Director of the Company at 778-239-0127 or by email: email@example.com.
About Jiulian Resources Inc.
Jiulian is a TSXV Tier 2 issuer (TSXV JLR) with offices in Vancouver, British Columbia. The Company’s Board of Directors includes experienced and dedicated professional geologists, businessmen and accounting personnel. The Company is currently exploring its Hawk project, located in the prolific Cariboo region of British Columbia, for large tonnage porphyry style copper and gold mineralization.
For further information, please contact:
X. Charlie Cheng, Chief Executive Officer and Director of Jiulian at 604-639-4418 or by email: firstname.lastname@example.org.
ON BEHALF OF THE BOARD OF DIRECTORS
“X. Charlie Cheng”
X. Charlie Cheng, Chief Executive Officer, Director
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.
All statements, other than statements of historical fact, in this news release are forward-looking statements that involve various risks and uncertainties, including, without limitation, statements regarding the potential extent of mineralization and reserves, exploration results and future plans and objectives of Jiulian. These risks and uncertainties include, but are not restricted to, the amount of geological data available, the uncertain reliability of drilling results and geophysical and geological data and the interpretation thereof, and the need for adequate financing for future exploration and development efforts. There can be no assurance that such statements will prove to be accurate. Actual results and future events could differ materially from those anticipated in such statements. These and all subsequent written and oral forward-looking statements are based on the estimates and opinions of management on the dates they are made and are expressly qualified in their entirety by this notice. The Company assumes no obligation to update forward-looking statements should circumstances or management’s estimates or opinions change.