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Jourdan Resources Announces First of Thirty-Two (32) Drillhole Assay Results with Li2O Grades
TORONTO, Jan. 18, 2023 (GLOBE NEWSWIRE) -- JOURDAN RESOURCES INC. (TSXV: JOR; OTCQB: JORF; FRA: 2JR1) (“Jourdan” or the “Company“) is pleased to publish the fir
About this update from Consolidated Lithium Metals Inc
[{"type":"text","content":" TORONTO, Jan. 18, 2023 (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 summer/fall 2022 drilling campaign on its flagship Vallée project, which is located ~35km north of Val-d’Or in Quebec, Canada. The following highlights are from the first 10 holes. Highlights: Drill hole From (m) To (m) Length LiO2 % VAL22-6-1 68.85 75.1 6.25 1.16 VAL22-6-6 163.7 171.4 7.7 1.02 VAL22-6-2 76.3 77 0.7 1.70 VAL22-6-2 198 199 1 1.21 VAL22-6-2 206.3 207.3 0.95 0.92 VAL22-6-2 215.8 216.9 1.1 1.07 VAL22-6-2 220 221 1 0.92 VAL22-6-2 221 222 1 1.32 VAL22-5-6 59.4 60.4 1 0.91 *drill core width only, does not represent true width As mentioned in a press release dated November 2, 2022, the Company has completed its previously announced diamond drilling program, with 6,585m drilled. The Company has now received the first assay results from the program and awaits further assays. Last summer, diamond drilling was conducted to the east of the previous phases and aimed at the eastern and southeastern extension of the known pegmatite swarm with its anticipated lithium-bearing spodumene mineral. The Company intends to use the results of the drilling and assaying to update its geological model and to help the Company establish an initial mineral resource estimate at its Vallée property. Since starting its drilling program in 2011, Jourdan has drilled seventy-nine (79) drillholes for a total of 16,145 metres. Most of the 32 holes of the Company’s 2022 summer drilling campaign have intersected the new spodumene-bearing pegmatite swarm on Jourdan’s 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). “We are extremely happy with the latest drill results. Not only did these drill holes intersect multiple pegmatites occurrences, but they also showed significant thicknesses and grades above 1% Li2O,” said Dr. Andy Rompel, executive chairman of Jourdan. He continued, “Thus far, these last drilling campaigns have been particularly successful in building our confidence in the anticipated deposit size and grade we have at Vallée.” “This latest drilling program has brought us closer to establishing an initial mineral resource estimate at our Vallée prop...