Toronto, March 28, 2022 (GLOBE NEWSWIRE) — Jourdan Resources Inc. (TSXV: JOR | OTCQB: JORFF | FRA: 2JR1) (“Jordan“Jordan resource” or “societyWe are pleased to announce the appointment of “) Red Pennant Communications Corp. (“.Red pennant”), Includes experienced Michael F. O’Brien, M.Sc., P.Geo. Through the Red Pennant, O’Brien has signed an agreement to estimate the initial mineral resources of Jordan’s flagship Vallee project and submit a technical report to the company prepared in accordance with National Instrument 43-101. Disclosure Standards for Mineral Projects (“”NI 43-101“). The data in the report is expected to come from our 2018 bulk sampling work and past and recent diamond drilling and sampling, including the ongoing diamond drilling campaign underway for the project. O’Brien’s first site visit is scheduled for mid-April 2022.
Rene Bharti, CEO of Jourdan, said: The acquisition of mineral resources is our next step after the completion of the drill campaign, which not only proves the existence of a strong lithium grade, but also deepens our understanding of the actual size of the lithium package. O’Brien is important in establishing mineral resources in the short term and is expected to prepare for feasibility studies before the final transition to production. Indeed, we are confident that establishing mineral resources will be a major step forward for both Jordan’s shareholders and management. “
Dr. Andreas Rompel, Executive Chairman of Jourdan, said: We look forward to working closely with Red Pennant now and in the future. “
The scientific and technical information contained herein is Alexandr Beloborodov, P. Geo, an independent consultant who is a “qualified person” as defined in NI 43-101. Reviewed and approved by.
About Jourdan Resources Inc.
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 deposits in our assets, including Vallee, are conceptual in nature. As of the date of this press release, sufficient exploration has not been carried out to define the mineral resources of the property 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, a statement regarding Mr. O’Brien’s appointment via the Red Pennant. Our ability to carry out business plans, including scheduled field visits by O’Brien and the ambition to complete a feasibility study and start production. 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 provider (because the term is defined in the TSX Venture Exchange policy) is responsible for the validity or accuracy of this release.
Photos accompanying this announcement are available at https://www.globenewswire.com/NewsRoom/AttachmentNg/8a1b429f-b353-4d0f-91ae-82939de16ee8.
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Jourdan Resources announced the appointment of Red Pennant to estimate early mineral resources at the Vallee Project, Canadian Business Journal.
Source link Jourdan Resources announced the appointment of Red Pennant to estimate early mineral resources at the Vallee Project, Canadian Business Journal.