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Consolidated Lithium Metals Inc. V.JOR


Primary Symbol: V.CLM Alternate Symbol(s):  JORFF

Consolidated Lithium is a Canadian junior mining exploration company 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 Quebec lithium mine. A drill program has now been completed at Lewis with assay results pending announcement.


TSXV:CLM - Post by User

Post by kijijion Feb 08, 2022 9:03am
162 Views
Post# 34407934

Jourdan starts drilling at Vallee

Jourdan starts drilling at Vallee
JOURDAN ANNOUNCES 2022 DRILLING PROGRAM HAS COMMENCED ON ITS FLAGSHIP VALLEE LITHIUM PROJECT AIMING AT ENLARGING THE KNOWN DEPOSIT
 
Jourdan Resources Inc.'s winter drill campaign has commenced, starting with hole No. VAL22-2-7, completing the northern extension of the drilled fence line previously started during the third quarter of 2021. The drill program is anticipated to extend the known deposit at the Company's Vallee property eastwards (Fig. 1).
 
The 2000m diamond drilling program is intended to follow up on the results of the fence line drilled in 2021 along the western side of the Company's Vallee property, which borders with the North American Lithium mine. This new drilling campaign aims at drilling three fence lines further north and further east across the lithium-bearing pegmatite swarm, which has been mined in the immediate vicinity to the west.
 
10 holes of approximately 200m depth each are scheduled to be drilled aiming at the pegmatites swarm identified by the trenching of the bulk sample collected on the Vallee property in 2018 and initially intersected by the 2011 fence line drilling campaign along the western boundary of Vallee. The assay results from the bulk sample revealed high Li2O grade (see the Company's press release dated April 29, 2021, which is available on the Company's SEDAR profile at www.sedar.com), which have encouraged the Company to continue exploration and drill along the strike and depth extent on its Vallee property.
 
Jourdan is significantly enlarging its database by adding more drill holes since the start of the exploration work in 2011. The 2011 drilling comprised 21 drill holes (4256m), the 2021 campaign consisted of eight drill holes (1680m) and with the planned 2000m round of drilling in 2022, Jourdan is on track to having more than 7900m (39 drill holes) of core that the Company intends to use in the future to establish a preliminary mineral resource estimate.
 
The drill program is being conducted by Forage Hebert from Amos, Quebec, under the supervision of Alexandr Beloborodov Geologue Inc. (ABG Exploration) of Laval, Quebec.
 
Jourdan's Chief Executive Officer, Rene Bharti, commented, "We are very excited to start the next phase of our drill program. Once completed, we will have nearly 8,000 meters drilled at Jourdan's flagship property. Our goal is to define a preliminary mineral resource estimate in the near term, and with this new drill program, in addition to historic drilling, we are very confident that we will succeed in such endeavour. This will bring us one step closer to our goal of becoming Quebec's next lithium producer."
 
"We are significantly increasing our database of information on this particular deposit", said Dr. Andy Rompel, Executive Chairman of Jourdan, "and we are enlarging the geological size of the deposit and the knowledge of its lithium content by every hole we drill. We believe that very soon we will be in a position to establish a preliminary resource estimate."
 
All samples are expected to be sent to Impact Global Solutions Inc. Laboratory in Delson, Quebec ("IGS") for analysis by sodium peroxide fusion and ICP finish. This laboratory is recognized by the industry and accredited ISO/MEC 17025 by the Standards Council of Canada. In addition to the quality assurance and quality control ("QA/QC") employed by IGS, Jourdan developed a rigorous QA/QC protocol for its operators, including the insertion of analytical standard samples, duplicates and coarse silica blanks on a systematic basis.
 
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.
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