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Jourdan Announces Completion of Phase 3 Summer 2022 Drilling Program

Jourdan Resources Inc. has reported that 32 drill holes totaling 6,400 m have been completed as part of its phase 3 Summer 2022 drilling program on the Vallée property at an unexplored eastern extension.

The Vallée property is immediately east of the North American Lithium mine. This figure depicts the 2011, 2021, and 2022 completed drillholes with a total of 58 drillholes since 2021. Image Credit: Jourdan Resources Inc.

Phase 3 diamond drilling was conducted east of the previous phases with a focus on the eastern extension of the known pegmatite swarm and its predicted spodumene mineral, which is thought to contain lithium.

It is planned to record, cut, sample, and send the drilling core to the assay facility to be tested for lithium content. Drilling and assaying results will be used by the company to update its geological model and aid in determining an initial resource estimate for the Vallée property.

Jourdan has drilled 58 drill holes, totaling 11,600 m since it began its drilling program in September 2021.

We are extremely proud to have completed a successful third phase of our drilling campaign. We believe that this drilling will be critical for our geological model, which will be the basis of the Company’s first initial resource estimate. We see that lithium demand continues to surge, and we believe that establishing such a resource is a critical next step in our goal of becoming a lithium producer in Quebec.

Rene Bharti, Chief Executive Officer and President, Jourdan Resources Inc.

Dr. Andreas Rompel, Executive Chairman of Jourdan, remarked, “We have yet again successfully completed another phase of exploration, proving the presence of our well-known lithium-bearing pegmatite swarm even further to the east. Its existence is deeply encouraging, and we intend to continue to pursue exploring the spodumene-rich veins eastwards.

Forage LaMontagne Fortier of Rouyn-Noranda, Quebec, managed the drill program under the direction of Alex Belo Géologue Inc. (ABG Exploration) of Laval, Quebec, and GeoTasks of Sudbury.

The company’s now-completed 6,400 m diamond drilling program was intended to follow up on the findings of a bulk sample taken in 2018 and the fence line drilled along the western side of its Vallée property, which abuts the North American Lithium mine, in 2011 and 2021, respectively.

The drilling campaign, according to management, should significantly extend the known deposit at the company’s Vallée site eastward.

Since the beginning of the exploration activity in 2011, Jourdan has significantly increased the size of its database by adding more drill holes.

With the completed 10,000 m in 2022 and the 21 drill holes (4,250 m) from the 2011 drilling, Jourdan now has more than 15,930 m (79 holes) of the core that the company intends to employ in the future to develop an initial mineral resource estimate.

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