Jourdan Announces Soil Sampling Program Expansion and Arrival of Second Drill to Accelerate Completion of Its Phase 3 Summer Drill Campaign
TSXV: JOR | OTCQB: JORFF | FRA: 2JR1 1
JOURDAN ANNOUNCES SOIL SAMPLING PROGRAM EXPANSION AND ARRIVAL OF SECOND
DRILL TO ACCELERATE COMPLETION OF ITS PHASE 3 SUMMER DRILL CAMPAIGN
September 15, 2022
Toronto (Canada) - JOURDAN RESOURCES INC. (TSXV: JOR; OTCQB: JORF F; FRA:2JR1) (“Jourdan” or the
“Company“) is pleased to announce that an additional drill rig has arrived on site at the Company’s Vallée
property to accelerate completion of its phase 3 summer drill campaign. We expect that the new drill
program will result in an extension of the known deposit at the property eastwards (see Fig. 1 below).
The second diamond drill is intended to help complete drilling 28 newly permitted drill holes east of the
Chemin du Lac Legendre , the results of which we anticipate will extend the known Vallée lithium deposit
eastwards. The additional 5,600m diamond drilling program is intended to follow up on the results of the
fence line drilled in 2011, 2021 and 2022 along the western side of the Company’s Vall ée property, which
borders with the North American Lithium mine. This new drilling campaign aims a t drilling fence lines
further east across the lithium-bearing pegmatite swarm, which has been mined in the immediate vicinity
to the west.
28 holes of approximately 200m depth each are scheduled to be drilled , aiming at the pegmatite swarm
identified by the trenching of the bulk sample collected on the Vallée property in 2018 and initially
intersected by the 2011 fence line drilling campaign along the western boundary of Vallée. The assay results
from the bulk sample revealed high Li 2O grades (see press release of the Company dated April 29, 2021 ,
which is available under the Company’s SEDAR profile at www.sedar.com ), which have encouraged the
Company to continue exploration and drilling along the strike and depth extent on its Vallée property.
Jourdan’s Executive Chairman, Dr. Andreas Rompel, stated, “We are greatly encouraged by the drilling
results received to date as well as having successfully secured the permits for more diamond drilling. This
latest drilling phase will now be facilitated by a second rig to speed up the process and, hopefully, prove up
the known pegmatite swarm even further to the east.”
The drill program will be conducted by Forage Lamontagne Fortier from Rouyn -Noranda, Quebec, under
the supervision of Alexandr Beloborodov, Géologue Inc. (ABG Exploration) of Laval, Quebec and GeoTasks
Inc. from Sudbury.
All samples from the new drill program will be sent to Impact Global Solutions Inc.’s laboratory in Delson,
Québec (“IGS”) for analysis by sodium peroxide fus ion and ICP finish. This laboratory is recognized by the
industry and accredited ISO/MEC 17025 by the Standards Council of Canada. In addition to the quality
assurance and quality controls (“QA/QC”) employed by IGS, Jourdan developed a rigorous QA/QC protocol
for its operators, including the insertion of analytical standard samples, duplicates and coarse silica blanks
on a systematic basis.
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Figure 1: The Vallée property is approximately 35km north of Val -d’Or and immediately east of the North
American Lithium mine. This figure depicts the 2011, 2021 and 2022 completed drillholes and the next
phases of drilling planned for the 2022 campaign. All 26 drillholes completed since 2021 have intersected
the Li-bearing, spodumene-rich pegmatite swarm.
Soil Sampling Program:
The soil sampling program on the Vallée claims is being conducted on a 200m x 100m and 50m x 50m grid
following the spodumene swarm east of the road. We intend to use the results from the program to identify
new drill targets. A field crew consisting of geological and exploration technicians has been mobilized to
the area and has begun collecting soil samples. Soil samples are being collected using two -person teams
equipped with picks and shovels. Samples are being collected f rom the B-horizon at a depth ranging from
10cm to 110cm. Samples from a pproximately 550 sites are scheduled to be collected to add to the
approximately 1,200 samples already collected since July 2022. All samples are being analyzed daily for
rubidium (Rb) and tantalum (Ta) by a portable XRF gun from SciAps. Samples are then sent to I GS for
pathfinder element analysis.
The soil sampling program is aimed at finding new lithium anomalies and showings in areas of known
lithium mineralization at Baillargé, Preissac -La Corne, Duval Lithium in La Motte, and especially in Vallée
Lithium. We also expect to continue our geological mapping and prospecting program that has been
running in parallel with the soil sampling program.
Sample data collected includes UTM location, depth of sample, color, moisture content, texture (sand, silt,
and clay), and percentage, angularity and lithology of pebbles and or cobbles. Each s ample collected
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amounts to approximately 1 kg of material and is placed in a plastic sample bag. Wet samples are
additionally placed into 5ml plastic Ziploc bags to prevent contamination. At the end of the day, all samples
are placed inside the Company's shop facility on a rack and allowed to dry for at least one week before
shipping to IGS.
The geochemical soil sampling program was designed and is being sampled by GeoTasks Inc. ’s technical
team from Sudbury, Ontario. Their technical team is supervised by OGQ compliant senior geologists.
Figure 2: Soil sampling location on the Jourdan properties which are approximately 35km north of Val-d’Or.
Red outline is the planned 50m x 50m grid soil survey and blue outline is the 200m x 100m grid survey.
Qualified Person
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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 is a Canadian junior mining exploration company trading under th e symbol “JOR” on the TSX
Venture Exchange and “2JR1” on the Stuttgart Stock Exchange. The Company is focused on the acquisition,
exploration, production, and development 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:
Rene Bharti, Chief Executive Officer and President
Email: [email protected]
Phone: (416) 861-5800
www.jourdaninc.com
Cautionary statements
The content and grades of any mineral deposits at the Company’s properties are conceptual in nature. There has been insufficient
exploration to define a mineral resource on the property and it is uncertain if further exploration will result in any target being
delineated as a mineral resource.
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 Q3 2022 drill program,
including its scope and the Company’s expectation that the second drill will accele rate its completion and that it will extend the
known deposit at its Vallée property eastwards, and the ability of the Company to establish an initial mineral resource estimate at
its properties, to collect additional samples for the soil sampling program , to identify new drill targets , lithium anomalies and
showings, to continue its geological mapping and prospecting program, and to execute its business plan. 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 words 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, competiti ve, political and social uncertainties; future mineral prices and market demand; accidents, labour
disputes and shortages and other risks of the mining industry. Although Jourdan has attempted to identify important factors t hat
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 actual 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.
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