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Jourdan Resources Intersects 1.23% Li₂O over 4.15 m at Vallée Lithium Project
TORONTO, Feb. 15, 2023 (GLOBE NEWSWIRE) -- JOURDAN RESOURCES INC. (TSXV: JOR; OTCQB: JORF; FRA: 2JR1) (“Jourdan” or the “Company“) is pleased to publish the sec
About this update from Consolidated Lithium Metals Inc
[{"type":"text","content":" TORONTO, Feb. 15, 2023 (GLOBE NEWSWIRE) -- JOURDAN RESOURCES INC. (TSXV: JOR; OTCQB: JORF; FRA: 2JR1) (“Jourdan” or the “Company“) is pleased to publish the second set of assay results of its summer/fall 2022 drilling campaign on its flagship Vallée Lithium Project, located 35 km north of Val-d’Or in Quebec, Canada. This set of assay results is from 9 holes and follows the results of 10 holes published in the Company’s news release dated January 18, 2023. Results from 13 additional drill holes are expected in the coming weeks. Four of the nine holes reported in the second set of assays encountered high-grade lithium concentrations exceeding 1.0% Li2O, including hole VAL22-7-4 that intersected 1.23% Li2O over 4.15 m from 152.85 to 157.00 m, as shown in Table 1 below. Table 1 – Highlights from the Second Set of Assay Results Drill hole From (m) To (m) Length LiO2 % VAL22-7-1 109.1 110.3 1.2 1.02 VAL22-8-1 90.7 93.7 3 1.49 VAL22-7-3 192.3 194.3 2 1.02 VAL22-7-4 152.85 157 4.15 1.23 *drill core width only, does not represent true width The 2022 summer/fall drill program consisted of 32 holes totaling 6,585 m. With these results, the Company has now received assays from 19 of these 32 holes, and awaits assay results from the final 13 holes, expected in the coming weeks. The 2022 summer/fall drilling program was conducted to the east of the Company’s previous drill programs and targeted the eastern and southeastern extension of the known spodumene-bearing pegmatite swarm. 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 the Vallée property. The results of the 2022 summer drilling campaign have confirmed the presence of a new spodumene-bearing pegmatite swarm on the Vallée property. The Company believes that this previously underexplored eastern extension has not been exposed by the North American Lithium mine to the west of Vallée (see Fig. 1). “Once more we can demonstrate the easterly extent of our pegmatites with significant thicknesses and grades well above 1% Li2O,” said Dr. Andy Rompel, executive chairman of Jourdan, “and we are keenly anticipating more drillhole assay results from even farther east within our flagship Vallée project to increase the geological continuity there.” “This latest drilling progr...