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Jourdan Resources Announces Expanded Drilling Program Following Successful Intersections of Li Pegmatite
TORONTO, March 24, 2022 (GLOBE NEWSWIRE) -- JOURDAN RESOURCES INC. (TSXV: JOR; OTCQB: JORFF) (“Jourdan” or the “Company”) is pleased to announce that it has exp
About this update from Consolidated Lithium Metals Inc
[{"type":"text","content":" TORONTO, March 24, 2022 (GLOBE NEWSWIRE) -- JOURDAN RESOURCES INC. (TSXV: JOR; OTCQB: JORFF) (“Jourdan” or the “Company”) is pleased to announce that it has expanded its winter 2022 drilling campaign after all of its first eight drillholes intersected the newly identified spodumene-bearing pegmatite swarm on its Vallée property. For more information on Jourdan’s drill program, please see the Company’s press release dated March 7, 2022, which is available under the Company’s SEDAR profile at www.sedar.com Jourdan has expanded its 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** VAL22-3-5 17 interceptions of 1 to 3m spodumene bearing pegmatite dyke. VAL22-4-5 8 interceptions of 1 to 2m spodumene bearing pegmatite dyke. VAL22-4-4 8 interceptions of 1 to 2m spodumene bearing pegmatite dyke. VAL22-4-3 9 interceptions of 1 to 4m spodumene dyke including 1 interception of a 16m spodumene bearing pegmatite dyke. *Please see the Company’s press release dated March 7, 2022, for information about Jourdan’s other four drillholes, being VAL22-2-6, VAL22-2-7, VAL22-3-6, and VAL22-4-6.** drill core width only, does not represent true width. 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 mine. This drilling campaign is roughly laid out on a 100m x 100m grid and aims at completing the northern extension of the drilled fence line previously started during Q3 2021. The drill program is anticipated to substantially extend the known deposit at the Company’s Vallée property eastwards. Since February 2022, 16 holes of approximately 200m depth each are now being drilled aiming at the pegmatite swarm identified by the trenching of the bulk sample collected on the Vallée property in 2018. The assay results from the bulk sample revealed high Li2O grades (for more information, please see the Company’s press release dated April 29, 2021, which is available under the Company’s SEDAR profile at www.sedar.com), which have enc...