Jourdan Resources Inc.
TSX VENTURE : JOR

Jourdan Resources Inc.

April 26, 2011 07:07 ET

JOURDAN Completes 3,050 Meters drilling Campaign on the Lamothe Lithium-Rubidium Showing Where Surface Grab Samples Gave up to 1.88% Li2O and 2,550 g/t Rubidium

MONTREAL, QUEBEC--(Marketwire - April 26, 2011) -JOURDAN RESOURCES INC. (TSX VENTURE:JOR) -

  • More than 300 spodumene-bearing pegmatite dykes intersected in 20 drill holes, ranging from 10 cm to 3 meters in core length (averaging 0.7 meters), and have confirmed the eastern extensions of a number of historic and current showings within and outside the claim Block, including JOURDAN's Lamothe Lithium-Rubidium Showing

JOURDAN RESOURCES INC. (TSX VENTURE:JOR) ("JOURDAN" or the "Company") has completed the diamond drilling campaign on the Company's Lamothe Lithium-Rubidium Showing (the "Lamothe Showing") from the 113 claims / 60 km2 Pivert-Stairs Rare Metals Project (the "Project") in the James Bay Mining District northern Quebec.

A total of 20 holes were drilled on the Pivert East #2 Claim Block (the "Claim Block") for 3,053 meters and tested:

  1. a 300 meters long segment of the Lamothe Showing with 10 drill holes in total for 1,048 meters (PIV-11-02, 03, and 13 to 20) averaging approximately 50 meters apart;
  1. a 900 meters wide swath across the Claim Block with 10 holes totalling 2,005 meters covering the immediate extension of Critical Elements Corporation's ("CEC"; formerly First Gold Exploration) Pivert Showing (surface grab sample yielded up to 4.6% Li2O, 390 g/t Rubidium, 1.4 g/t Tantalum, 106.5 g/t Gallium and 90 g/t Beryllium) located 900 m to the northwest; Pivert East (surface channel sample gave 2.08% Li2O, 1,860 g/t Rubidium, 159 g/t Tantalum, 90 g/t Gallium and 254 g/t Beryllium over 1 meter) some 230 meters to the northwest; Pivert South (surface channel sample yielded 0.87% Li2O, 2,229 g/t Rubidium, 169 g/t Tantalum, 80 g/t Gallium and 431 g/t Beryllium over 28 meters) located 350 meters to the northwest; and Helico South (surface channel sample yielded 0.44% Li2O, 3,565 g/t Rubidium, 196 g/t Tantalum, 187 g/t Gallium and 505 g/t Beryllium over 116 meters) some 500 meters to the northwest (www.cecorp.ca).

Highlights of the drilling included:

  1. More than 300 spodumene-bearing pegmatite dykes were intersected in the 20 drill holes, ranging from 10 cm to 3 meters in core length (averaging 0.7 meters), and have confirmed the eastern extensions of a number of historic and current showings within and outside the claim Block, including JOURDAN's Lamothe Showing;
  1. A total of 764 samples were taken from the entire suite of pegmatite dykes with assays still pending;
  1. The Lamothe Showing is located within a transition corridor between a syenite-pyroxenite to the north and a mix unit of granitic gneisses, granites and amphibolites to the south;
  1. The syenite-pyroxenite forms a sub-circular 24 by 20 kilometers magnetic anomaly consisting of alternating sub-circular and narrow magnetic high and low bands or "onion skins";
  1. The Lamothe Showing extend in a northwest-southeast direction and at depth for the full 300 meters surface length over a 50 meters surface width, to a drilled depth of 50 meters, and remains open in all directions to the north and east;
  1. Spodumene-bearing pegmatite dykes drilled at the occurrence extend for a combined linear length of 6 to 10 meters in a 30 meters (core) length shallow north-dipping zone, likely representing the true width of the Lamothe Showing;
  1. The estimated spodumene content of the pegmatites of the Lamothe Showing ranges from 3 to 10%.

The Lamothe Lithium-Rubidium Showing

Several northwest-southeast trending surface occurrences of spodumene-bearing granitic intrusives or pegmatites were uncovered at the Lamothe Showing within an outcrop area of 300 meters by 200 meters. The main spodumene-bearing intrusive is at least 10 meters wide at surface and has been uncovered over a 25 meters 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, 1,441 g/t Rubidium, 75 g/t Tantalum and 72 g/t Gallium. 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 Project

The Project consists of the Pivert East #2 Claim Block (33 claims; 1,750 hectares for 17.0 km2); the Lac Pivert West Claim Block (2 claims; 106 hectares for 1.1 km2); the Stairs Claim Block (43 claims; 2,282 hectares for 22.8 km2); and the Pivert East #1 Claim Block (36 claims; 1,874 hectares for 18.7 km2), immediately contiguous to and northeast of the Pivert East #2 Claim Block. The Project 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 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 meters in width and more than 100 meters in length, collectively forming part of a much larger bodies having kilometric lengths and widths up to 300 meters. 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.

Quality assurance / Quality Control ("QA/QC")

The core from diamond drill holes was transported by snowmobile from the drill sites to the JOURDAN core logging facility on-site at the Pivert East #2 Claim Block. There, geologists and technicians from PJLEXPL Inc., a full-service exploration contractor from Laval (Quebec) under the supervision of Jean Lafleur, M.Sc., P. Geo., the Pivert Project Manager, logged, sample tagged and half-split the core in 0.25 meter to 1 meter intervals using a hydraulic splitter. The individual sampled intervals of half-split core are then inserted in tagged plastic bag, sealed and inserted in large nylon bags readied for shipment to the ALS Laboratory Group facility in Val-d'Or (Quebec). Blanks and duplicates were inserted in the sample stream on-site at every 20 core samples.

Once at the assay laboratory, samples are inventoried using the bar code tracking system, dried, finely crushed to 70% at <2 mm, pulverized split of to 85% at <75 μm, and riffle split a 250 gram fraction for the various assays using the Acid Digestion Lithium Mineral Analysis (Li-OG63) for Li; Major Element Analysis Package (ME-ICP06) for SiO2, Al2O3, Fe2O3, CaO, MgO, Na2O, K2O, Cr2O3, TiO2, MnO, P2O5, SrO and BaO; 38 Element Fusion (ME-MS81) for Ag, Ba, Ce, Co, Cr, Cs, Cu, Dy, Er, Eu, Ga, Gd, Hf, Ho, La, Lu, Mo, Nb, Nd, Ni, Pb, Pr, Rb, Sm, Sn, Sr, Ta, Tb, Th, Tl, Tm, U, V, W, Y, Yb, Zn and Zr; OA-GRA05 for Loss on Ignition ("LOI") at 1000°C; and TOT-ICP06 for % Total Calculation.

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.

The technical information in this news release was prepared, revised and approved by Mr. Bernard-Olivier Martel, P. Geo., and Mr. Jean Lafleur, M. Sc., P. Geo., Geologist and Manager of the Pivert Project. Both individuals are Qualified Persons under NI 43-101 regulations.

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.

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.

Contact Information

  • Jourdan Resources Inc.
    Emilien Seguin
    President and CEO, Director
    450-670-5224
    514-787-1457

    Jourdan Resources Inc.
    Guy Girard
    VP Finance, Director
    514-798-1290
    514-787-1457
    info.jourdan.ca
    www.jourdan.ca