Jourdan Announces Drilling Program On The Preissac-Lacorne Lithium Portfolio

[vc_row type=”in_container” full_screen_row_position=”middle” column_margin=”default” column_direction=”default” column_direction_tablet=”default” column_direction_phone=”default” scene_position=”center” text_color=”dark” text_align=”left” row_border_radius=”none” row_border_radius_applies=”bg” overlay_strength=”0.3″ gradient_direction=”left_to_right” shape_divider_position=”bottom” bg_image_animation=”none”][vc_column column_padding=”no-extra-padding” column_padding_tablet=”inherit” column_padding_phone=”inherit” column_padding_position=”all” background_color_opacity=”1″ background_hover_color_opacity=”1″ column_shadow=”none” column_border_radius=”none” column_link_target=”_self” gradient_direction=”left_to_right” overlay_strength=”0.3″ width=”1/1″ tablet_width_inherit=”default” tablet_text_alignment=”default” phone_text_alignment=”default” column_border_width=”none” column_border_style=”solid” bg_image_animation=”none”][vc_column_text]Mississauga (Canada), May 18, 2017: JOURDAN RESOURCES INC. (TSX-V NEX: JOR.H) (“Jourdan” or the “Company“) is pleased to announce a 1500 m drill program has commenced on the Preissac-Lacorne Lithium Portfolio, optioned from Alix Resources Inc (“Alix”).

Jourdan plans to test previously identified surface spodumene mineralization by core drilling (See Table 1 and Maps 1 and 2). The area to be tested is approximately 2.5 kilometres west along strike from the open pit Quebec Lithium Mine, controlled by North American Lithium.

Table 1: Samples collected by Alix in 2016 from their initial prospecting program

SAMPLE Easting* Northing Cs (ppm)

Fe (wt.

%)

Li (ppm)

Li2O (wt.

%)

Nb (ppm) Ta (ppm)
063A 289549 5366984 3.4 0.38 19 0.00 1.7 0.9
164 289248 5366470 29.0 0.85 2360 0.51 44.6 14.7
165 289243 5366450 34.5 0.21 13 0.00 41.0 75.5
187 289434 5366582 66.4 0.89 145 0.03 28.9 >100
189 289498 5366531 49.8 0.33 26 0.01 49.1 61.2
209 289545 5366491 55.4 0.40 1280 0.28 76.9 79.3
257 289546 5366493 54.9 0.56 3060 0.66 88.0 >100
259 289517 5366484 41.5 0.49 53 0.01 102.0 59.5
260-1 289524 5366503 46.3 0.23 14 0.00 43.0 >100
260-1W 289524 5366503 17.5 0.95 214 0.05 2.1 0.9
260-2 289524 5366503 43.3 0.32 52 0.01 69.8 73.3
260-3 289524 5366503 49.4 0.49 3980 0.86 71.5 66.7
261 289581 5366453 38.4 0.38 37 0.01 27.9 47.8
262 289608 5366429 34.7 0.41 44 0.01 54.2 43.3
263 289604 5366443 76.0 0.34 276 0.06 79.2 72.6
267 289856 5366557 29.1 0.56 3440 0.74 109.5 42.5
274-A 289803 5366615 66.4 0.40 4900 1.05 65.5 42.7
274-B 289803 5366615 50.8 0.45 6170 1.33 75.2 52.7
258 289558 5366472 68.6 0.45 88 0.02 63.5 70.0

*: UTM coord.: NAD83; Zone 18N

Map 1: Property Overview Map Showing the 2016 Alix Sample Locations

Map 2 Property Overview Map Showing the 2016 Alix Detailed Sample Locations
Map 2: Property Overview Map Showing the 2016 Alix Detailed Sample Locations

Yves Caron, M.Sc, P. Geo, and Qualified Person as defined by NI 43-101, has reviewed and approved the technical information in this press release.

About Jourdan Resources

Jourdan Resources Inc. is a Canadian junior mining exploration company trading under the symbol JOR.H on the TSX Venture NEX Exchange. The Company is focused on the acquisition, exploration, production, and development of mining properties in lithium.

Please visit the Company’s website at www.jourdanresources.com

For further information please contact:

Michael Dehn
President and CEO

Tel: (647) 477-2382
Fax: (647) 477-2389
michael@jourdanresources.com

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release. Statements in this release that are not historic facts are “forward-looking statements” and readers are cautioned that any such statements are not guarantees of future performance, and that actual developments or results, may vary materially from those in these “forward-looking statement”.

 

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