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Jourdan Resources Announces Commencement of Phase 3 of 2022 Drilling Program on Flagship Vallee Lithium Project
TORONTO, Aug. 22, 2022 (GLOBE NEWSWIRE) -- JOURDAN RESOURCES INC. (TSXV: JOR; OTCQB: JORF; FRA:2JR1) (“Jourdan” or the “Company“) is pleased to announce that dr
About this update from Consolidated Lithium Metals Inc
[{"type":"text","content":" TORONTO, Aug. 22, 2022 (GLOBE NEWSWIRE) -- JOURDAN RESOURCES INC. (TSXV: JOR; OTCQB: JORF; FRA:2JR1) (“Jourdan” or the “Company“) is pleased to announce that drilling of the first drillhole of its phase 3 summer campaign has commenced, starting with hole number VAL22-6-1, completing the northern and eastern extension of the drilled fence line previously started during Q3 2021 and continued in Q1 and Q2 2022. We expect the new drill program will also extend the known mineral deposit at our Vallée property eastwards (Fig. 1). The 2,200m diamond drilling program is intended to follow up on the results of the fence line drilled in 2021 and 2022 along the western side of the Company’s Vallée property, which borders with the North American Lithium mine. This new drilling campaign aims at drilling fence lines further east across the lithium-bearing pegmatite swarm, which has been mined in the immediate vicinity to the west. 11 holes of approximately 200m depth each are scheduled to be drilled aiming at the pegmatite swarm identified by the trenching of the bulk sample collected on the Vallée property in 2018 and initially intersected by the 2011 fence line drilling campaign along the western boundary of Vallée. The assay results from the bulk sample revealed high Li2O grades (see press release of the Company dated April 29, 2021, which is available under the Company’s SEDAR profile at www.sedar.com), which have encouraged the Company to continue exploration and drilling along the strike and depth extent on its Vallée property. Jourdan believes it will significantly increase the known deposit at the Vallée property by adding more drill holes since the start of the exploration work in 2011. The 2011 drilling comprised 21 drill holes (4,256m), the 2021 campaign consisted of 8 drill holes (1,680m), and in the 2022 winter campaign we drilled another 18 holes (3,703m). With the planned 2,200m round of drilling in summer of 2022 Jourdan is on the track to having more than 11,800m (58 drill holes) of core that we intend to use for a future initial mineral resource estimate. Jourdan’s Executive Chairman, Dr. Andreas Rompel, stated, “We are thrilled to be in position to continue where we left off with the highly successful drilling campaigns of the last years, and we are looking forward to what we hope will be an expansion of the known deposit ...