JOURDAN Starts Minimum 3,000 Metres Drilling Campaign on the Lamothe Lithium-Rubidium Discovery Where Surface Grab Samples Gave
02 Febbraio 2011 - 2:00PM
Marketwired
JOURDAN RESOURCES INC. (TSX VENTURE: JOR) ("JOURDAN" or the
"Company") is pleased to announce the start of a minimum 3,000
metres diamond drilling campaign on the previously announced
Lithium and Rubidium Discovery at the Lamothe Showing on the
JOURDAN's wholly Pivert East #2 Claim Block from the 113 claims /
60 km(2) Pivert-Stairs Rare Metals Property (the "Property"),
northern Quebec.
The drilling will initially consist of three (3) drill hole
fences, 100 metres apart, across the Lamothe Showing. Infill and
additional extension drilling will be completed on a need be basis
once assay results have been received and synthesized with the
geological-geophysical model.
All results of the surface grab sampling program and the
airborne geophysical survey were received from the 2010 field
exploration program on the Property. Four (4) new
northwest-southeast trending spodumene-bearing granitic intrusives
were uncovered at the Lamothe Showing within an outcrop surface of
300 metres by 200 metres. The main spodumene-bearing intrusive is
at least 10 metres wide and has been uncovered over a 25 metres
length. The other intrusives run parallel and they all tend to be
sub-horizontal. There is significant spodumene-bearing angular
boulder field associated with the discovery trending further to the
south possibly indicating additional spodumene-bearing intrusives
in this direction. The average grade of the 19 grab samples from
the Lamothe Showing was 1.06% Li2O, 72 g/t Gallium, 88 g/t Niobium,
1,441 g/t Rubidium and 75 g/t Tantalum. In addition, the
geophysical survey has helped define the 12+ km long Pivert-Stairs
(Rare Metals) Corridor which hosts most of the Lithium-bearing
intrusives on the Property, including the east-northwest trending
Lamothe Showing.
The Pivert-Stairs Rare Metals Property
The Property consists of the Pivert East #2 Claim Block (33
claims; 1,750 hectares for 17.0 km(2)); the Lac Pivert West Claim
Block (2 claims; 106 hectares for 1.1 km(2)); the Stairs Claim
Block (43 claims; 2,282 hectares for 22.8 km(2)); and the Pivert
East #1 Claim Block (36 claims; 1,874 hectares for 18.7 km(2)),
immediately contiguous to and northeast of the Pivert East #2 Claim
Block. The Property is easily accessible via an extensive road and
trail network. The Property sits less than 5 km from the Eastmain-1
Hydroelectric facility where substantial infrastructure exists.
There is an access road to within 500 m of the Lac Pivert East #1
and #2 and Lac Pivert West Claim Blocks. A north-south hydro line
straddles the Lac Pivert West Claim Block.
Earlier work by the Ministere des ressources naturelles et de la
faune Quebec (Boisvert, 1989) describes the Property area as
containing irregular but generally continuous lenses of pegmatites
within the host biotite schists. Individual pegmatites can attain
up to 60 m in width and more than 100 m in length, collectively
forming part of a much larger bodies having kilometric lengths and
widths up to 300 m. Additional work uncovered a number of Lithium
showings in the region with a similar metallogenic context to
Lithium One's Cyr Lithium Property and First Gold's Pivert/Rose
Rare Metals Property, where irregular but generally continuous
spodumene (a lithium bearing aluminum silicate) bearing pegmatites
occur.
About Jourdan Resources
Jourdan Resources Inc. is a Canadian junior mining exploration
company trading under the symbol JOR on the TSX Venture Exchange.
The Company is focused on the acquisition, exploration, production,
development and if, as the case may be, the operation of mining
properties in strategic Uranium and Rare Metals or High Technology
Metals ("HTM's") sectors of eastern Canada. The Company's
properties are currently at the exploration stage along the Lower
North Shore, the Mauricie and now the James Bay regions of Quebec.
JOURDAN is fully funded for the 2011 field exploration programs
having $2,000,000 in liquidity.
The technical information in this news release was approved by
Mr. Jean Lafleur, M. Sc., P. Geo., Technical Advisor to the
President and CEO of JOURDAN, and a Qualified Person under NI
43-101 regulations.
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 statements.
Contacts: Jourdan Resources Inc. Emilien Seguin President and
CEO, Director 450-670-5224 514-787-1457 (FAX) Jourdan Resources
Inc. Guy Girard VP Finance, Director 514-798-1290 514-787-1457
(FAX) info@jourdan.ca www.jourdan.ca
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