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Jourdan Resources (TSXV:JOR) announces elevated lithium assays

Mining
TSXV:JOR
20 December 2021 13:30 (EDT)

Source: Jourdan Resources.

Jourdan (JOR) has drilled up to 1.62-per-cent Li2O over 0.9 m at its Vallée Project in Quebec.

The result stems from the first five holes from its completed September/October 2021 drilling campaign on the project.

Highlights

Drill hole

From (m)

To (m)

Length (m)

Li
2O (%)
VAL21-2-287.988.80.91.23
VAL21-2-3207.0208.011.36
VAL21-2-4167.4168.30.91.62
VAL21-2-599.75100.851.11.19
VAL21-2-5102.5103.51.051.52

The company has received 62 per cent of assay results with those remaining expected before the holidays.

Every hole showed multiple intersections of spodumene-bearing pegmatite.

The pegmatite dykes appear wider and more abundant further northwards.

Jourdan intends to expand on historical drill holes during its next campaign.

“The latest drill results appear to confirm the commercial-grade lithium that Jourdan possesses within its large land package,” stated Rene Bharti, Jourdan’s CEO. “These results will keep us moving closer towards defining a resource, which will be a vital next step in becoming Quebec’s next lithium producer.”

Jourdan Resources is focused on the acquisition, exploration, production and development of lithium properties in Quebec.

Jourdan Resources (JOR) is up by 25 per cent and is currently trading at $0.05 per share as of 12:50 pm EST.

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