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Jourdan Resources Announces the Appointment of Red Pennant to Estimate an Initial Mineral Resource at its Vallee Project

TORONTO, March 28, 2022 (GLOBE NEWSWIRE) -- Jourdan Resources Inc. (TSXV: JOR | OTCQB: JORFF | FRA: 2JR1) (“Jourdan”, “Jourdan Resources” or the “Company“) is p

articleConsolidated Lithium Metals IncMarch 28, 20224/company/consolidated-lithium-metals-inc/news/jourdan-resources-announces-the-appointment-of-red-pennant-to-estimate-an-initial-mineral-resource-at-its-vallee-project
Jourdan Resources Announces the Appointment of Red Pennant to Estimate an Initial Mineral Resource at its Vallee Project

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[{"type":"text","content":" TORONTO, March 28, 2022 (GLOBE NEWSWIRE) -- Jourdan Resources Inc. (TSXV: JOR | OTCQB: JORFF | FRA: 2JR1) (“Jourdan”, “Jourdan Resources” or the “Company“) is pleased to announce the appointment of Red Pennant Communications Corp. (“Red Pennant”), including the experienced Michael F. O’Brien, M.Sc., P.Geo. Mr. O’Brien has been contracted through Red Pennant to estimate an initial mineral resource on Jourdan’s flagship Vallee project and to deliver a technical report to the Company prepared in accordance with National Instrument 43-101 Standards of Disclosure for Mineral Projects (“NI 43-101”). The data for the report is expected to be derived from historical and recent diamond drilling and sampling, including the Company’s 2018 bulk sampling effort and the currently ongoing diamond drilling campaign being conducted on the project. An initial field visit for Mr. O’Brien is scheduled for mid-April 2022. Rene Bharti, CEO of Jourdan, stated, “Jourdan Resources is very excited to onboard Red Pennant Communications Corp., in particular Mr. O’Brien, an extremely experienced individual in helping companies establish mineral resources. Obtaining a mineral resource will be the Company’s next step forwards following the completion of its drill campaign, which not only proved the presence of strong lithium grades, but also expanded our understanding about how large our lithium package actually is. Mr. O’Brien will be critical in establishing a mineral resource in the near term, which we anticipate will lead to the preparation of a feasibility study before ultimately moving to production. Indeed, we are confident that establishing a mineral resource will be a huge step forward for Jourdan’s shareholders and management alike.” Jourdan’s Executive Chairman, Dr. Andreas Rompel, stated, “We are delighted to have contracted such a high-profile resource estimator with over 40 years of experience in several commodities, including precious, base and energy metals. We are looking forward to working closely with Red Pennant, now and in the future.” The scientific and technical information contained herein has been reviewed and approved by Alexandr Beloborodov, P.Geo., an independent consultant that is a “qualified person” as defined in NI 43-101. About Jourdan Resources Inc. Jourdan Resources Inc. is a Canadian junior mining exploration company tradi...

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