Business

Jourdan Resources Announces First of Eighteen Drillhole Assay Results with Li2O Grades

TORONTO, June 09, 2022 (GLOBE NEWSWIRE) -- JOURDAN RESOURCES INC. (TSXV: JOR; OTCQB: JORF, FRA: 2JR1) (“Jourdan” or the “Company“) is pleased to publish the fir

articleConsolidated Lithium Metals IncJune 9, 20225/company/consolidated-lithium-metals-inc/news/jourdan-resources-announces-first-of-eighteen-drillhole-assay-results-with-li2o-grades
Jourdan Resources Announces First of Eighteen Drillhole Assay Results with Li2O Grades

About this update from Consolidated Lithium Metals Inc

[{"type":"text","content":" TORONTO, June 09, 2022 (GLOBE NEWSWIRE) -- JOURDAN RESOURCES INC. (TSXV: JOR; OTCQB: JORF, FRA: 2JR1) (“Jourdan” or the “Company“) is pleased to publish the first assay results of its winter 2022 drilling campaign on its flagship Vallée project, which is located north of Val-d’Or in Quebec, Canada. The results are from the first hole VAL22-2-6 and shows multiple lithium grading zones. Highlights*: Drill hole From (m) To (m) Length Li2O (%) VAL22-2-6 26.9 30.1 3.2 1.56 Including 28 29 1 1.92 VAL22-2-6 143.1 144 0.9 0.97 VAL22-2-6 160.85 164.7 3.85 1.04 Including 162.8 163.8 1 1.66 *drill core width only, does not represent true width As mentioned in a press release dated May 24, 2022, the Company has completed its previously announced diamond drilling program, with 3,629m drilled by May 2022. The Company has now received the first assay results from the program and awaits further assays from the program in which every hole showed multiple intersections of spodumene-bearing pegmatite. All 18 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). Since restarting drilling in September 2021, Jourdan has drilled 26 drillholes, all of which intercepted multiple spodumene-bearing pegmatite dykes. Jourdan’s Executive Chairman, Dr. Andreas Rompel, stated, “These first results confirm the consistency of the grade intersected during last year’s campaign and the sampling results of the bulk sample. We are keenly looking forward to receiving the next results of all the boreholes recently drilled and assayed.” The now completed drill program was conducted by Forage Hébert from Amos, Quebec, under the supervision of Alex Belo, Géologue Inc. (ABG Exploration) of Amos, Quebec. The Company’s now completed diamond drilling program of 3,629m was 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. As anticipated, the drilling program substantially extended the known deposit at the Company’s Vallée property eastwards. Since February 2022, 18 holes of approximately 200m depth ha...

More updates from Consolidated Lithium Metals Inc