Jourdan Resources Inc.

Jourdan Resources Inc.

May 17, 2010 08:54 ET

JOURDAN Commences Exploration at the Pivert-Stairs Rare Metals Property within the Pivert Rare Metals Corridor, James Bay Mining District (Quebec)

MONTREAL, QUEBEC, CANADA--(Marketwire - May 17, 2010) - JOURDAN RESOURCES INC. (TSX VENTURE:JRN) ("JOURDAN" or the "Company") is pleased to announce the start of the 2010 exploration campaign at the Company's 94 claims / 49.5 km2 Pivert-Stairs Rare Metals Property (the "Property"), contiguous to and within First Gold Exploration's Pivert/Rose Rare Metals Property where recent work outlined significant quantities of the Rare Metals Lithium, Rubidium, Tantalum, Beryllium, Niobium and Gallium, in the James Bay Mining District, located due south of the community of La Grande (Quebec).

The exploration campaign will initially consist of compiling and synthesizing the historic and current work on the Property and surroundings that will include incorporating regional airborne and ground geophysical surveys to better identify the 12+ km long Pivert Rare Metals Corridor, and surface prospecting to identify surface Lithium and other Rare Metals mineralization. If the results are favourable, diamond drilling will follow to delineate the potential size of the Rare Metals mineralization.

JOURDAN's Pivert-Stairs Rare Metals Property and the Pivert Rare Metals Corridor

JOURDAN holds 94 claims for 4,948 hectares or 49.5 km2 covering 12+ km in length of the prospective Pivert Rare Metals Corridor (refer to the appended location map). 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.

The Property consist of the Pivert East #2 Claim Block (12 claims; 636 hectares for 6.4 km2) immediately contiguous and less than 1 kilometre to the northeast of the First Gold Exploration (TSX-V: EFG) ("First Gold") Lac Pivert Lithium Showing on First Gold's Pivert/Rose Rare Metals Property; the Lac Pivert West Claim Block (2 claims; 106 hectares for 1.1 km2) between First Gold's Lac Pivert Lithium and 2.5 kilometres from their new Rose Lithium-Rubidium Discovery; the Stairs Claim Block (43 claims; 2,282 hectares for 22.8 km2) immediately contiguous to the southwest of First Gold's Rose Lithium-Rubidium Discovery; and the Pivert East #1 Claim Block (37 claims; 1,924 hectares for 19.2 km2) immediately contiguous to and northeast of the Pivert East #2 Claim Block.

First Gold Exploration previously announced surface sampling and diamond drilling results (on adjacent claims) with significant quantities of the Rare Metals Lithium, Rubidium, Tantalum, Beryllium, Niobium and Gallium. Surface grab sampling yielded 4.6% Li2O, 390 g/t Rubidium, 1.4 g/t Tantalum, 67.7 g/t Niobium, 106.5 g/t Gallium, 90 g/t Beryllium (#430917); 4.74 m (true width) drill hole intersection yielding 1.03% Li2O, 2,923 g/t Rubidium, 286 g/t Tantalum, 54.24 g/t Niobium and 128 g/t Beryllium (Drill Hole LR-09-02), and 9.48 m (true width) yielding 1.50% Li2O, 2,755 g/t Rubidium, 290 g/t Ta2O5 and 155 g/t Be over 9.48 m (Drill Hole LR-09-07) (refer to the First Gold Exploration Inc., news releases from January 22 to March 16, 2010).

Earlier work by the Ministère des ressources naturelles et de la faune Québec (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.

Historical work on Cyr Lithium Property has demonstrated significant Lithium potential, identifying a resource potential* of 12 million tonnes (45,000 m2 by 100 m deep) grading 1.7% Li2O ( A resource potential estimate should not be relied on and is not considered National Instrument ("NI") 43-101 compliant. A Qualified Person has not reviewed and evaluated the resource potential to outline NI 43-101 Mineral Resources. It is uncertain that any future exploration and development work will result in any of the resource potential to be considered as NI 43-101 Mineral Resources. A resource potential estimate should only be considered as an indication of mineralization.

About Jourdan Resources

Jourdan Resources Inc. is a Canadian junior mining exploration company trading under the symbol JRN 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.

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.

Please visit the Company's website at, and you can also download Jourdan's Corporate Summary at

Location map of JOURDAN Resources Inc.'s Pivert-Stairs Rare Metals Property in the James Bay Mining District of northern Quebec:

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.

Contact Information

  • Jourdan Resources Inc.
    Emilien Seguin
    President and CEO, Director
    514-787-1457 (FAX)
    Jourdan Resources Inc.
    Guy Girard
    VP Finance, Director
    514-787-1457 (FAX)