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Jourdan Resources Inc.
Summary
| Project: | Preissac-Lacorne | |
|---|---|---|
| Deposit: | Preissac-Lacorne | |
| Location: | Canada | |
| Commodities: | Lithium | |
| Date: | 9/15/2017 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resources Definition | |
| Report details: | 15-9-2017: Jourdan Resources Inc. announces an Exploration/Drilling Update report for its Preissac-Lacorne deposit at the Preissac-Lacorne project. Drilling results incl. 12.45m @ 0.24% Li2O from 17.0m. Mississauga (Canada), September 15, 2017: JOURDAN RE | |
| Resources: | x | |
| CP/QP: | [Overall Report]: Yves Caron (Not stated) | |
| ABSTRACT: | Mississauga (Canada), September 15, 2017: JOURDAN RESOURCES INC. (TSX-V : JOR, Stuttgart: 2JR1) ("Jourdan" or the "Company") is pleased to announce the results from a 1500 m drill program has been completed on the Preissac-Lacorne Lithium Portfolio, optioned from Alix Resources Inc (“Alix”) (TSX-V AIX) and one other claim that is owned by Jourdan. The centre of the drill program is 1.5km northwest of the adjacent Quebec Lithium Mine owned and operated by North American Lithium. The adjacent mine announced commercial production of spodumene concentrate on June 2, 2017 with production targeted for the Chinese market. A total of 1500 m of drilling was completed in 12 drill holes, 11 holes on the PreissacLacorne Lithium Portfolio, and one hole (WL17-12) on claims owned 100% by Jourdan Resources. Several holes had multiple wide spread mineralized zones space upto 140m apart with in the same drill hole, indicating a wide zone of spodumene bearing pegmatite dykes exists in the area. Drilling covered a strike length of 750m of spodumene bearing pegmatite dykes. “These highly encouraging first pass drill results confirm widespread lithium mineralization in the Pressiac-Lacorne Lithium belt. These targets were chosen due to the fact that they were already permitted by Alix and ready to be drilled. The fact that mineralization was present in 9 out of 12 holes exceeded our expectations. We have now had enough time to carefully select our next targets on the claims west of the North American Lithium’s Quebec Lithium Mine as well as on our Vallee property which borders the North American Lithium’s Quebec Lithium Mine property to the east. | |
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