Jourdan Announces Drilling Program has Commenced on the Vallée-Lithium Project
Jourdan Announces Drilling Program has
Commenced on the Vallée-Lithium Project
Toronto (Canada), September 16, 2021: JOURDAN RESOURCES INC . (“Jourdan” or the “ Company“) is
pleased to announce that the first drillhole of its fall campaign has commenced starting with hole No. VAL
21-2-3 approximately 110m east southeast from the bulk sample taken in 2018 and 100m east of the
fence line drilled in 2011 (Fig. 1).
Figure 1: The Vallée property in the immediate eastern proximity of the North American Lithium Mine, the
bulk sample location and the laid out drill holes.
The 2000m diamond drilling program is intended to follow up on the results of a bulk sample collected in
2018 and the fence line drilled in 2011 along the western side of the Company’s Vallee property, which
borders with the North American Lithium mine. This new drilling campaign aims at completing two more
fence lines across the lithium-bearing pegmatite swarm, which has been mined in the immediate vicinity
to the west. 10 holes of approximately 200m depth each are scheduled to be drilled aiming at the
pegmatites swarm identified by the trenching of the bulk sample collected on the Vallée property in 2018.
The assay results from the bulk sample revealed high Li2O grade (see press release of the Company dated
April 29 2021), which have encouraged the Company to continue exploration and drill along the strike and
depth extent on its Vallée property.
Rene Bharti, CEO of Jourdan (Fig. 2), stated, “We believe this drill program will allow the Company to move
forward with its goal to become Quebec’s next near-term lithium producer. Jourdan possess a large land
package, and we hope that this drill program will be the beginning of a much larger campaign on our
property overall. Furthermore, we are optimistic that the program will hel p us build a resource for the
Company in the future.”
Jourdan’s Executive Chairman, Dr. Andreas Rompel, stated, “We are excited to commence a new phase
of exploration on our Vall ée property and explore and develop the extent of the lithium mineralisation
along the pegmatite swarm. After having received the positive results from the bulk sample, we feel highly
encouraged to better define the strike length of the spodumene-bearing pegmatites.”
Figure 2: CEO Rene Bharti, Chairman Dr. Andreas Rompel and project geologist Alexandr Beloborodov at
the drilling site at the Vallée property.
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
Jourdan Resources Inc. is a Canadian junior mining exploration company trading under the symbol “JOR”
on the TSX Venture Exchange and “2JR1” on the Stuttgart Stock Exchange. The Company is focused on the
acquisition, exploration, production, and developmen t of mining properties. The Company’s properties
are in Quebec, Canada, primarily in the spodumene-bearing pegmatites of the La Corne Batholith, around
North American Lithium’s producing Quebec Lithium Mine.
For more information:
www.jourdaninc.com
Rene Bharti, Chief Executive Officer and President
Email:[email protected]
Phone: (416) 861-5800
Cautionary statements
This press release contains “forward-looking information” within the meaning of applicable Canadian securities
legislation. Forward -looking information includes, but is not limited to, statements with respect to the
Company’s ability to complete a 2000m drilling campaign at its Vallée property, any future drilling campaigns,
any resources at the Vallée property and the Company’s ability to execute its business plan, including its
ambition to become Quebec’s next near-term lithium producer. Generally, forward-looking information can be
identified by the use of forward -looking terminology such as “plans”, “expects” or “does not expect”, “is
expected”, “budget”, “scheduled”, “estimates”, “forecasts”, “intends”, “anticipates” or “does not anticipate”,
or “believes”, or variations of such wo rds and phrases or statements that certain actions, events or results
“may”, “could”, “would”, “might” or “will be taken”, “occur” or “be achieved”. Forward-looking information is
subject to known and unknown risks, uncertainties and other factors that may cause the actual results, level of
activity, performance or achievements of Jourdan to be materially different from those expressed or implied by
such forward-looking information, including but not limited to: receipt of necessary approvals; general business,
economic, competitive, political and social uncertainties; future mineral prices; accidents, labour disputes and
shortages and other risks of the mining industry. Although Jourdan has attempted to identify important factors
that could cause actual results to differ materially from those contained in forward-looking information, there
may be other factors that cause results not to be as anticipated, estimated or intended. There can be no
assurance that such information will prove to be accurate, as act ual results and future events could differ
materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on
forward-looking information. Jourdan does not undertake to update any forward -looking information, except
in accordance with applicable securities laws.
NEITHER TSX VENTURE EXCHANGE NOR ITS REGULATION SERVICES PROVIDER (AS THAT TERM IS DEFINED IN
THE POLICIES OF THE TSX VENTURE EXCHANGE) ACCEPTS RESPONSIBILITY FOR THE ADEQUACY OR
ACCURACY OF THIS RELEASE.