Jourdan Completes Drilling Program on the Preissac-Lacorne Lithium Portfolio
Mississauga, Ontario (FSCwire) - Jourdan Resources Inc. (TSX-V NEX: JOR.H) ("Jourdan" or the "Company") is pleased to announce 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 Preissac-Lacorne Lithium Portfolio, and one hole (WL17-12) on claims owned 100% by Jourdan Resources.
Spodumene bearing dykes have been visually identified in all holes other then WL17-02 and WL17-05.
Table 1: Drillhole Target, Claims, Location, Azimuth, Dip, and Length (*UTM NAD 83, Zone 18)
| Hole Number | Target | Claim Number | *Easting | *Northing | Elevation | Azimuth | Dip | Length |
| WL17-01 | S-W dyke | 2438613 | 289464.43 | 5366594.24 | 392.3 | 235° | -45° | 103 m |
| WL17-02 | S-W dyke | 2438612 | 289543.08 | 5366519.53 | 391.9 | 235° | -45° | 99 m |
| WL17-03 | S-W dyke | 2438612 | 289608.1 | 5366465.14 | 389.5 | 235° | -45° | 99 m |
| WL17-04 | N-E dyke | 2438612 | 289709.21 | 5366582.36 | 382.6 | 55° | -45° | 204 m |
| WL17-05 | N-E dyke | 2438742 | 289825.43 | 5366566.03 | 383 | 55° | -45° | 74 m |
| WL17-06 | N-E dyke | 2438742 | 289825.43 | 5366566.03 | 383 | 55° | -55° | 42 m |
| WL17-07 | N-E dyke | 2438742 | 289825.43 | 5366566.03 | 383 | 55° | -65° | 60 m |
| WL17-08 | N-E dyke | 2438742 | 289838.23 | 5366525.6 | 386 | 55° | -45° | 174 m |
| WL17-09 | N-E section | 2438742 | 289856.67 | 5366477.5 | 387.6 | 55° | -45° | 147 m |
| WL17-10 | N-E section | 2438742 | 289922 | 5366511.03 | 354.3 | 55° | -45° | 150 m |
| WL17-11 | N-E section | 2438742 | 289978.16 | 5366547.23 | 383 | 55° | -45° | 159 m |
| WL17-12 | S-W road dyke | 2455427 | 289308.99 | 5366313 | 413.3 | 55° | -45° | 201 m |
| Total | 1512 m |
Map 1: Drill hole location
(link to larger version: https://goo.gl/9bYrI9)
Photo 1 Photo highlighting pegmatite dykes, often spodumene bearing, in hole WL17-07 showing core from 2.6 m to 30.5 m downhole
(link to larger version: https://goo.gl/Dv9J5e)
Samples are currently at SGS Lakefield and being processed. Results are expected in less then four weeks.
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.
To view this press release as a PDF file, click onto the following link:
public://news_release_pdf/Jourdan06082017.pdf
Source: Jourdan Resources Inc. (TSX Venture:JOR.H)
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