- Jourdan (JOR) published the final set of assay results from the drill campaign on its flagship Vallée Project
- The results confirm that the lithium-bearing pegmatite system at Vallée remains open for expansion to the east along strike, down-dip and to the south
- Five of the holes encountered lithium concentrations exceeding 0.50 per cent Li2O. VAL22-8-5, encountered 0.82 per cent Li2O over 8 metres from 125.0 metres to 133.0 metres
- Jourdan Resources (JOR) opened trading at $0.075 per share
Jourdan (JOR) published the final set of assay results from the drill campaign on its flagship Vallée Project.
The results confirm that the lithium-bearing pegmatite system at Vallée remains open for expansion to the east along strike, down-dip and to the south.
Five of the holes encountered lithium concentrations exceeding 0.50 per cent Li2O. VAL22-8-5, encountered 0.82 per cent Li2O over 8 metres from 125.0 metres to 133.0 metres.
| Drill hole |
From (m) |
To (m) |
Length |
Li2O |
| VAL22-8-5 |
125.0 |
133.0 |
8.0 |
0.82 |
| VAL22-9-1 |
97.5 |
98.5 |
1.0 |
0.51 |
| VAL22-9-1 |
192.7 |
193.7 |
1.0 |
0.68 |
| VAL22-10-1 |
166.0 |
167.0 |
1.0 |
0.58 |
| VAL22-10-3 |
164.0 |
165.5 |
1.5 |
0.64 |
| VAL22-7-5 |
121.0 |
124.0 |
3.0 |
0.51 |
| VAL22-7-5 |
149.5 |
150.5 |
1.0 |
0.51 |
| VAL22-7-5 |
182.0 |
183.0 |
1.0 |
0.67 |
| VAL22-7-6 |
no significant results |
| VAL22-8-2 |
no significant results |
| VAL22-8-6 |
no significant results |
| VAL22-8-7 |
no significant results |
| VAL22-9-2 |
no significant results |
| VAL22-9-3 |
no significant results |
| VAL22-9-4 |
no significant results |
| VAL22-10-2 |
no significant results |
| VAL22-10-4 |
no significant results |
*drill core width only, does not represent true width
The company’s Executive Chairman, Dr. Andy Rompel stated that not only did the program define the presence of significant lithium-bearing pegmatites along trend from Sayona Mining Ltd.’s (OTCQB:SYAXF) NAL mine, but also the possibility of further growing the mineralization in the immediate area.
“Our partnership with Sayona and the location of Vallée’s mineralization adjacent to their mining operations certainly puts Jourdan’s shareholders in an envious position in the race to become Canada’s next lithium producer.”
Source: Jourdan Resources Inc.
Vallée is immediately east of North American Lithium’s lithium mine, which expects to enter production in April 2023.
Jourdan Resources is a Canadian junior mining exploration company. Its projects are located primarily in the spodumene-bearing pegmatites of Québec’s La Corne Batholith.
Jourdan Resources (JOR) opened trading at $0.075 per share.