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Jourdan Resources Announces Drilling Program Continues to Intersect the New Eastern Extension of Li Pegmatites
TORONTO, May 12, 2022 (GLOBE NEWSWIRE) -- JOURDAN RESOURCES INC. (TSXV: JOR; OTCQB: JORF, FRA:2JR1) (“Jourdan” or the “Company“) is pleased to announce that all
About this update from Consolidated Lithium Metals Inc
[{"type":"text","content":" TORONTO, May 12, 2022 (GLOBE NEWSWIRE) -- JOURDAN RESOURCES INC. (TSXV: JOR; OTCQB: JORF, FRA:2JR1) (“Jourdan” or the “Company“) is pleased to announce that all of its fourteen (14) drill holes of its 2022 winter drilling campaign have intersected the new spodumene-bearing pegmatite swarm on its Vallée property at a previously underexplored eastern extension, which had not been exposed by the North American Lithium mine to the west of Vallée (see Fig. 1). As set out in a press release dated March 24, 2022, Jourdan has expanded its 2022 winter drilling campaign by adding another already permitted line of eight drillholes of 200m each for a total of an additional 1,600m to the 1,608m already completed in 2022, extending the lines 3, 4 and 5 to the north, south, and east (see Fig. 1). Drillhole Description* VAL22-5-1 2 interceptions of 6m spodumene bearing pegmatite dyke. VAL22-3-1 6 interceptions of 1 to 6m spodumene bearing pegmatite dyke. * drill core width only, does not represent true width. Rene Bharti, CEO of Jourdan, stated, “We are very excited that the drill program continues to find new spodumene bearing intersections in new zones. The success of the drill program, coupled with the work underway to build our resource estimate in the coming months, is anticipated to bring us one step closer to achieving our goal of becoming Quebec’s next lithium producer.” Jourdan’s Executive Chairman, Dr. Andreas Rompel, stated, “We have successfully completed another phase in our endeavour to enlarge the deposit size on our Vallée project. We are now keenly awaiting the assay results and then we can start the resource estimation process.” Jourdan is significantly enlarging its database by adding more drillholes since the start of the exploration work in 2011. The 2011 drilling comprised 21 drillholes (4,256m), the 2021 campaign consisted of eight drillholes (1,680m) and with the planned 3,208m round of drilling in 2022, Jourdan is on track to having more than 9,200m (45) of core that the Company intends to use in the future to establish a preliminary mineral resource estimate. The Company’s 3,200m diamond drilling program is intended to follow up on the results of a bulk sample collected in 2018 and the fence line drilled in 2011 and 2021 along the western side of the Company’s Vallée property, which borders the North American Lithium ...