Toronto, March 24, 2022 (GLOBE NEWSWIRE) — JOURDAN RESOURCE SINC. (TSXV: JOR; OTCQB: JORFF) (“Jordan” or “society”) Announced that all of the first eight drill holes have expanded their winter 2022 drilling campaign after crossing a herd of pegmatites containing newly identified spodumene on Barre’s property. For more information on Jourdan’s drill program, please refer to our press release dated March 7, 2022. It is available on our SEDAR profile at www.sedar.com.
Jourdan will add another line allowed for eight drill holes of 200m each to the 1,608m already completed in 2022, adding a total of 1,600m and extending lines 3, 4, and 5 north-south. So, we expanded the drilling campaign. East (see Figure 1).
Figure 1 is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/dcccd619-9a05-4f57-803f-afe5f8b7ee9c.
|Drill hole *||Explanation**|
|VAL22-3-5||17 blockages of 1 to 3 m spojumen including pegmatite dikes.|
|VAL22-4-5||Eight blockages of 1-2 m spojumen including pegmatite dikes.|
|VAL22-4-4||Eight blockages of 1-2 m spojumen including pegmatite dikes.|
|VAL22-4-3||Nine blocks of 1-4 m Spojumen dykes, including one block of 16 m Spojumen dykes, including pegmatite dykes.|
* For Jourdan’s other four drill holes, VAL22-2-6, VAL22-2-7, VAL22-3-6, and VAL22-4-6, please publish our press release dated March 7, 2022. please refer to.
** Drill core width only. It does not represent the actual width.
Figure 2 is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/8e0a1ffd-3e6c-4b14-9bcd-7c0be1755672.
Figure 3 is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/1591ce6c-e308-4246-8739-1faeade59081.
Our 3,200m diamond drilling program shows the results of bulk samples collected in 2018 and fence lines drilled in 2011 and 2021 along the west side of our Valle property adjacent to a lithium mine in North America. The purpose is to follow up. This drilling campaign is roughly placed on a 100m x 100m grid and aims to complete the north extension of the drilling fence line previously launched in the third quarter of 2021. Since February 2022, 16 holes, each about 200 m deep, have been drilled towards the pegmatite herds identified by the trenching of bulk samples collected at the Vallée property in 2018. Analysis of the bulk sample showed high Li.2O grade (see our press release dated April 29, 2021 for more information, which is available on our SEDAR profile (www.sedar.com)). The range of depth for that Vallée property.
Jourdan has significantly expanded its database since the start of exploration work in 2011. The 2011 drill will consist of 21 drill holes (4,256m) and the 2021 campaign will consist of 8 drill holes (1,680m) with a planned 3,208m round. Jourdan will drill in 2022 and will have a core of over 9,200 m (45) and will use it to establish preliminary mineral resource estimates in the future.
Rene Bharti, CEO of Jourdan, said: They show that the size of our deposits can be much larger than originally expected as we continue to find new mineralizations in the new zones we explore. Indeed, by using a significant amount of flow-through cache, we believe that a more aggressive drilling program will ultimately lead to an estimate of the preliminary mineral resources we have been working on. “
Dr. Andreas Rompel, Executive Chairman of Jourdan, said: -A newly discovered thick vein of pegmatite swarms, especially unexposed in adjacent mines. This pegmatite represents an important addition to known sediment sizes. “
The scientific and technical information contained herein is Alexandr Beloborodov, P. Geo, an independent consultant who is a “qualified person” as defined in National Instrument 43-101. Reviewed and approved by. Disclosure Standards for Mineral Projects..
Jourdan Resources Inc. is a Canadian junior mining exploration company that trades under the “JOR” symbol on the TSX Venture Exchange and the “2JR1” symbol on the Stuttgart Stock Exchange. We are focused on the acquisition, exploration, production and development of mining real estate. Our assets are located in Quebec, Canada, in pegmatite containing spojumen in La Cornubasolis around the Quebec Lithium Mine, which is primarily produced by lithium in North America.
For more information:
Rene Bharti, Chief Executive Officer and President
Phone number: (416) 861-5800
The content and grade of the deposits in our assets are conceptual in nature. Not enough exploration has been done to define the mineral resources on the site, and it is unclear whether further exploration will portray the target as a mineral resource.
This press release contains “forward-looking information” in the sense of applicable Canadian securities law. Forward-looking information includes, but is not limited to, statements about our 2022 Winter Drill Program. , And the ability of the company Establish a preliminary mineral resource estimate with its properties Then execute the business plan. In general, forward-looking information refers to forward-looking terms such as “plan,” “expect,” “not expect,” “expected,” “budget,” “plan,” and “estimate.” Can be identified using. “Predict”, “intend”, “expect”, “do not expect”, “believe”, or a particular action, event, or outcome is “potential,” “potential,” or “potential.” Words and phrases such as “have”, variations of statements, “possible” or “taken”, “occur” or “achieved”. Information about future prospects is not limited to known and unknown risks, uncertainties, and Jordan’s actual results, levels of activity, performance, or outcomes: receipt of required approval. General business, economic, competition, political and social uncertainties. Future mineral prices and market demand. Accidents, labor disputes, shortages and other mining risks. Jourdan sought to identify key factors that could cause actual results to differ materially from those contained in the forward-looking information, but would cause the results to be unpredictable, estimated, or not as intended. There may be other factors. Actual results and future events may differ materially from those expected in such statements and there is no guarantee that such information will be accurate. Therefore, readers should not place excessive reliance on information about future prospects. Jourdan undertakes no commitment to update forward-looking information except in accordance with applicable securities law.
Neither the TSX Venture Exchange nor its Regulatory Service Providers (because the term is defined in the TSX Venture Exchange Policy) are responsible for the validity or accuracy of this release.
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Jourdan has announced an extended drilling program after the successful crossing of the Canadian business journal Li Pegmatite.
Source link Jourdan has announced an extended drilling program after the successful crossing of the Canadian business journal Li Pegmatite.