Jourdan Resources confirms high grade lithium in bulk sample

Jourdan Resources Inc., Mississauga, Canada, (TSXV: JOR) is pleased to announce, further to its press release dated April 22, 2021, the assay results of the second batch (25 samples) of its sampling of the bulk sample, with grades showing of over 1.5% Li2O. Now that all 47 sample results have been received, these are reported together.

Highlights of Bulk Sample Assays

Lithium (Li) values of the samples tested were in the range of 6,120 ppm (parts per million) to 8,190 ppm, with an average of 7,212 ppm.

  • Lithium oxide (Li2O) values of the samples tested averaged 1.55% and ranged from 1.31% to 1.76% Li2O.
  • Beryllium values averaged 291 ppm, cesium averaged 7.36 ppm, and niobium averaged 104 ppm.
  • The rubidium average in the samples tested was 1,566 ppm, with a tantalum average of 36 ppm, and a barium average of 60 ppm.

Rene Bharti, CEO of Jourdan, stated, “The second set of results validates the high lithium grades provides further confidence in the lithium assets of Jourdan. The Company plans to use the information gathered from the bulk sample to begin preparing for a summer drill program. We anticipate that all of these activities will lead to defining an initial resource estimate at our Vallee property. Jourdan believes that it is on a strong path towards recognizing its goal of being a near term lithium producer in Quebec.”

Jourdan’s Chairman, Dr. Andreas Rompel, stated, “These results represent proof that the bulk sample exhibits very similar results in many individual elements and most importantly in the calculated Li2O value. This is fantastic evidence that our pegmatite at Vallee is very homogeneous. This in turn is great encouragement to go out this summer and drill these pegmatites to confirm the down-dip grade, and subsequently confirm volume and grade, which we expect will ultimately result in an initial resource estimate.”

Bulk Sampling Assaying

47 samples were taken from the 40-tonne bulk sample, which was retrieved from the Company’s Vallee lithium project site during 2018. Forty of the 50 tonnes retrieved were shipped in a series of 2 tonne sacks to Process Research Ortech Inc. in Mississauga, Ontario for metallurgical test work. During the first quarter of 2021, 47 individual samples were taken on two different occasions under the supervision of Jourdan’s personnel at Ortech. In the second sampling exercise reported here, 25 samples were taken from 5 sacks located outside of Ortech’s laboratory. The samples consisted of shovel loads of material. The average sample weight of these samples was 2.7 kgs. The additional 25 samples were sent to AGAT Laboratories in Mississauga, Ontario and were assayed for 58 different elements utilising the sodium peroxide fusion method with an ICP OES or MS finish. The results for lithium were subsequently multiplied by a factor of 2.153 to arrive at a value for Li2O. The highest grade assayed for the second batch (25 samples) was 1.72% Li2O, with an average of 1.54% Li2O, and a standard deviation of 0.08.

Management believes that these results clearly demonstrate the homogeneity of the lithium distribution in the pegmatites situated on the Company’s Vallee lithium property, and management is encouraged to further investigate the strike and down dip extent of these pegmatites.

In addition, the Company is excited to report elevated rubidium values averaging 1,566 ppm.

Qualified Person

The scientific and technical information contained herein has been reviewed and approved by Stéphane Amireault P.Eng, MScA, an independent consultant that is a “qualified person” as defined in National Instrument 43-101 – Standards of Disclosure for Mineral Projects.

About Jourdan

Jourdan Resources Inc. is a Canadian junior mining exploration company trading under the symbol “JOR” on the TSX Venture Exchange and “2JR1” on the Stuttgart Stock Exchange. The Company is focused on the acquisition, exploration, production, and development of mining properties. The Company’s properties are in Quebec, Canada, primarily in the spodumene-bearing pegmatites of the La Corne Batholith, around North American Lithium’s producing Quebec Lithium Mine. This mine is part of Contemporary Amperex Technology Co. Limited (CATL), China’s largest automotive battery manufacturer.

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