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Jourdan Resources Provides Drilling Program Update on Vallée Property

TORONTO, May 17, 2022 (GLOBE NEWSWIRE) -- JOURDAN RESOURCES INC. (TSXV: JOR; OTCQB: JORFF, FRA:2JR1) (“Jourdan” or the “Company“) is pleased to announce that al

articleConsolidated Lithium Metals IncMay 17, 20223/company/consolidated-lithium-metals-inc/news/jourdan-resources-provides-drilling-program-update-on-vallee-property
Jourdan Resources Provides Drilling Program Update on Vallée Property

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[{"type":"text","content":" TORONTO, May 17, 2022 (GLOBE NEWSWIRE) -- JOURDAN RESOURCES INC. (TSXV: JOR; OTCQB: JORFF, FRA:2JR1) (“Jourdan” or the “Company“) is pleased to announce that all of its sixteen (16) drill holes 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). Following the press release dated March 24, 2022, Jourdan has again expanded its 2022 winter drilling campaign by adding 2 new drillholes (VAL22-5-4 and VAL22-5-5) to the already permitted line of eight drillholes of 200m each, extending the lines 3, 4 and 5 to the north, south, and east (see Fig. 1). Following its drilling successes Jourdan has added a second drill and two extra holes to expand the spodumene-bearing pegmatite deposit size to the east to help the Company establish an initial resource estimate. Drillhole Description* VAL22-3-7 2 interceptions of 1 to 3m spodumene bearing pegmatite dyke. VAL22-4-7 2 interceptions of 1 to 2m spodumene bearing pegmatite dyke. * Drill core width only, does not represent true width. Rene Bharti, CEO of Jourdan, stated, “We are very excited that the drill program continues to find new spodumene-bearing intersections in new zones. The success of the drill program, coupled with the work underway to build our initial resource estimate in the coming months, is anticipated to bring us one step closer to achieving our goal of becoming Quebec’s next lithium producer.” Jourdan is significantly enlarging its database by adding more drillholes since the start of the exploration work in 2011. The 2011 drilling comprised 21 drillholes (4,256m), the 2021 campaign consisted of eight drillholes (1,680m) and with the planned 3,600m round of drilling in 2022, Jourdan is on track to having more than 9,400m (47 holes) of core that the Company intends to use in the future to establish an initial mineral resource estimate. Qualified Person 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 National Instrument 43-101 – Standards of Disclosure for Mineral Projects. About Jourdan Resources Inc. Jourdan Resources Inc. is...

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