JOURDAN RESOURCES INC. (TSX VENTURE:JOR) ("JOURDAN" or the "Company") wishes to
announce that the Company has received all assay results from the 3,053 metres /
20 holes diamond drilling campaign (refer to the news release dated...) on the
Company's Lamothe Lithium-Rubidium Showing (the "Lamothe Showing") at the 113
claims / 60 km2 Pivert-Stairs Rare Metals Project (the "Project") in the James
Bay Mining District, northern Quebec.
Full interval assay results were received from ALS Laboratories (Val-d'Or and
Vancouver facilities). The 794 samples taken from the entire suite of the more
than 300 spodumene pegmatite dykes intersected, ranging from 10 cm to 3 meters
in core length (averaging 0.7 meters), in all 20 diamond drill holes. Results
QA/QC protocols are outlined in the appended table with the main highlights
summarized as follows for the Lamothe Showing and Project Drilling sectors:
Lamothe Showing Drilling
Several NW-SE trending surface occurrences of spodumene-bearing granitic
intrusives or pegmatites were uncovered at the Lamothe Showing within a 300
metres by 200 metres rea. 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. Geophysical modeling on the Project has defined the
12+ km long Pivert-Stairs (Rare Metals) Corridor which hosts most of the
Lithium-bearing intrusives on the Project, including the Lamothe Showing.
A total 9 diamond drill holes (PIV-11-02, and 13 to 20) intersected a 300 meters
segment of the Lamothe Showing. The Lamothe Showing consists of a series of
metric-wide pegmatite dykes located within a transition corridor between a 480
km2 syenite-pyroxenite intrusive body to the north and a mix unit of granitic
gneisses, granites and amphibolites to the south. It extends in NW-SE direction
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. Spodumene-bearing pegmatite dykes 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. The estimated spodumene
content of the pegmatites of the Lamothe Showing ranges from 3 to 10%.
Interval assay results range between:
-- trace to 0.63% LiO2 (Lithium Dioxide) over 0.2 metres to 17.8 metres
core lengths with an Arithmetic Average ("AA") of 0.17% LiO2 over an AA
of 4.3 metres;
-- 25 g/t to 1,947 g/t Rb (Rubidium) over the same range of core lengths
with an AA of 897 g/t Rb;
-- 20 g/t to 64 g/t Ga (Gallium) over the same range of core lengths with
an AA of 38 g/t Ga; and
-- trace to 125 g/t Ta (Tantalum) over the same range of core lengths with
an AA of 38 g/t Ta
Project Drilling
A total of 11 diamond drill holes covered a 900 meters wide swath across the
Project 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, 106.5 g/t Gallium and 1.4 g/t
Tantalum) located 900 m to the northwest; Pivert East (surface channel sample
gave 2.08% Li2O, 1,860 g/t Rubidium, 90 g/t Gallium and 159 g/t Tantalum over 1
meter) some 230 meters to the northwest; Pivert South (surface channel sample
yielded 0.87% Li2O, 2,229 g/t Rubidium, 80 g/t Gallium and 169 g/t Tantalum over
28 meters) located 350 meters to the northwest; and Helico South (surface
channel sample yielded 0.44% Li2O, 3,565 g/t Rubidium, 187 g/t Gallium and 196
g/t Tantalum over 116 meters) some 500 meters to the northwest (www.cecorp.ca).
Interval assay results range between:
-- trace to 0.15% LiO2 (Lithium Dioxide) over 1.2 metres to 18.0 metres
core lengths with an Arithmetic Average ("AA") of 0.05% LiO2 over an AA
of 3.3 metres;
-- trace to 1,954 g/t Rb (Rubidium) over the same range of core lengths
with an AA of 883 g/t Rb;
-- 17 g/t to 61 g/t Ga (Gallium) over the same range of core lengths with
an AA of 34 g/t Ga; and
-- trace to 116 g/t Ta (Tantalum) over the same range of core lengths with
an AA of 28 g/t Ta
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 and 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 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.
Rare Metals Applications
According to the USGS 2010 metal reports, Lithium is used principally in
ceramics and glass; electrical and electronic equipments such as batteries;
lubricating greases; inorganic salts for pyrotechnics, hygroscopic uses,
dessicants and propellents/fuels); air treatment and purifications; optics in
mobile phones as resonant crystals; coolants in nuclear reactors; primary
aluminum production; continuous casting; rubber and thermoplastics; and
pharmaceuticals. Lithium ore grades vary from greater than 1% in pegmatites to
between 0.05% and 0.75% in brines.
Rubidium is used in fireworks; in thermoelectric generators; laser coolants;
electronic transmitters; lubricant in vapor turbines; vacuum tubes; photocells;
atomic clocks and magnetometers; superoxides; and thermonuclear medicine and
pharmaceuticals. An example of the Rubidium mineral resources grade is from
Avalon Minerals Separation Rapids Project in northern Ontario, where Inferred
mineral resources yielded 2,700 ppm Rb.
Gallium is principally used in electronic components which represented about 98%
of the Gallium consumption in the United States in 2007 with about 66% of
semiconductor gallium is used in integrated circuits (mostly gallium arsenide),
such as the manufacture of ultra-high speed logic chips in cell phones, and
about 20% is used in optoelectronics; multi-junction photovoltaic cells,
developed for satellite power applications and batteries; photovoltaic compounds
in solar panels; wetting and alloy improvement in glass and porcelain;
thermometers; coolants; component in low-melting alloys; biomedical
applications; and additives in glide wax for skis, and other low friction
surface materials. An example of the Gallium mineral resources grade is from the
Cordero Gallium Project in Nevada, held by Gold Canyon Resources Inc., where
grades range from 52.3 g/t Ga in the Indicated category and 49.2 in the Inferred
category.
Tantalum is used in the production of electronic components such as capacitors
and resistors in mobile phones, PC's and automotive electronics; alloys that
have high melting points, are strong and have good ductility; chemical reaction
vessels and pipes such as coils; ultra high frequency electron tubes for radio
transmitters; high refractive index glasses for camera lenses; vacuum furnace
parts; shaped charge and explosively formed penetrator liners; watches; and
orthopedic implant materials. Tantalum ore grades range from 200 g/t to 300 g/t.
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 by Mr. Jean Lafleur,
M. Sc., P. Geo., JOURDAN's Technical Consultant, a Qualified Persons under NI
43-101 regulations.
Table of Lithium (% LiO2) Rubidium (g/t Rb), Gallium (g/t Ga) and Tantalum (g/t
Ta) interval assay results from the 2011 diamond drilling program at the
Pivert-Stairs Rare Metals Project, James Bay Mining District.
DIAMOND FROM TO LENGTHLiO2(%) Rb Ga Ta
DRILL (m) (m) (m) (g/t) (g/t) (g/t)
HOLE #
(PIV-
10
SERIES) COMMENTS
---------------------------------------------------------------------------
1 75.6 77.6 2.0 0.054 1,096 46 42 Project drilling
79.9 81.3 1.4 0.056 1,128 32 29
114.1 116.2 2.2 0.070 395 23 3
131.9 133.1 1.20 0.054 484 30 15
152.4 153.8 1.40 0.052 424 30 28
158.5 161.0 2.50 0.055 809 37 40
22.4 26.4 4.00 0.268 1,418 42 66
45.1 46.8 1.70 0.060 934 37 42
52.2 54.8 2.60 0.074 1,180 50 46
2 81.5 87.0 5.50 0.055 81 21 1 Lamothe Showing
drilling
96.0 98.2 2.2 0.055 1,190 49 48
130.0 142.7 12.7 0.052 339 25 10
184.5 186.1 1.6 0.340 1,026 41 27
5.1 6.6 1.5 0.119 877 39 30
20.3 21.6 1.3 0.100 594 30 27
33.2 35.0 1.80 0.111 920 42 38
3 36.4 37.7 1.32 0.122 616 30 16 Project drilling
110.5 111.8 1.30 0.052 308 30 16
251.0 253.7 2.7 0.151 955 50 30
260.6 266.1 5.5 0.068 391 39 21
20.4 22.7 2.3 0.092 1,000 41 50
4 67.2 70.1 2.9 0.051 531 35 30 Project drilling
202.8 204.1 1.30 0.092 611 43 35
5 No significant interval
assay results Project drilling
6 79.4 80.7 1.3 0.066 353 33 116 Project drilling
102.0 104.1 2.1 0.052 815 33 14
7 24.3 27.9 3.6 0.050 886 39 38 Project drilling
152.1 156.5 4.4 0.053 732 32 53
30.5 39.9 8.7 0.053 352 21 8 Project drilling
8 44.5 45.5 3.5 0.064 120 19 1
116.6 119.2 2.6 0.050 119 20 3
135.4 135.9 6.0 0.058 404 23 8
9 NSF Project drilling
10 46.5 48.0 1.5 0.058 685 30 14 Project drilling
153.0 154.8 1.8 0.089 1,046 39 31
178.0 179.5 1.5 0.076 833 35 22
11 5.0 8.9 3.9 0.050 1,247 40 85 Project drilling
98.0 100.6 2.6 0.054 690 32 28
187.9 192.3 3.1 0.052 614 31 24
12 143.9 154.1 10.2 0.065 208 21 2 Project drilling
13 12.0 13.3 1.3 0.057 25 20 3 Lamothe Showing
drilling
21.8 23.3 1.5 0.058 490 34 60
29.0 32.0 3.0 0.122 607 32 28
52.3 58.4 6.1 0.070 1,409 44 35
14 9.5 13.5 4.0 0.384 776 43 39 Lamothe Showing
drilling
23.5 25.0 1.5 0.133 752 39 56
28.4 30.0 1.6 0.131 404 27 22
15 9.6 11.9 2.3 0.486 697 44 35 Lamothe Showing
drilling
15.7 18.0 2.3 0.625 1,183 54 42
30.7 31.2 1.4 0.093 772 30 34
35.7 37.0 1.3 0.120 694 34 37
38.5 39.8 1.3 0.173 328 30 22
41.5 43.0 1.5 0.277 787 39 50
44.1 50.5 6.4 0.146 716 28 26
68.7 71.1 2.4 0.079 1,707 42 31
16 4.8 9.1 4.3 0.236 1,013 34 41 Lamothe Showing
drilling
10.7 12.6 1.9 0.366 771 37 47
15.2 17.2 2.0 0.472 764 38 53
19.4 23.4 4.1 0.494 1,122 36 38
26.0 33.8 7.8 0.232 1,017 36 36
17 10.6 12.7 2.1 0.081 1,176 40 76 Lamothe Showing
drilling
17.7 20.0 2.3 0.197 1,104 44 32
22.5 26.0 3.5 0.195 804 32 27
30.7 32.0 1.3 0.153 733 32 28
34.3 52.1 17.8 0.390 1,015 37 40
18 31.8 33.5 1.7 0.100 932 38 55 Lamothe Showing
drilling
39.0 43.8 4.8 0.236 902 33 32
47.1 48.8 1.8 0.122 972 37 38
50.8 53.5 2.7 0.223 526 23 8
56.9 66.8 9.9 0.606 1,302 40 43
19 23.2 29.5 6.3 0.272 887 45 34 Lamothe Showing
drilling
31.1 39.4 8.3 0.494 1,432 44 63
40.8 42.1 1.3 0.201 498 30 24
43.8 47.2 3.5 0.183 456 23 15
49.8 54.9 5.2 0.293 1,175 39 50
59.0 60.3 1.4 0.088 499 27 34
68.4 70.7 2.3 0.050 850 39 56
78.4 79.2 0.8 0.083 1,484 33 22
20 4.9 8.3 3.4 0.319 1,027 43 38 Lamothe Showing
drilling
9.8 11.9 2.1 0.410 1,947 44 51
13.5 21.3 7.8 0.629 1,175 45 54
24.9 29.0 4.1 0.319 983 38 59
30.0 32.5 2.5 0.158 667 28 33
---------------------------------------------------------------------------
Notes: -NSF - No significant interval results.
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, qualified personnel 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 less than 2 mm, pulverized
split of to 85% at less than 75 um, 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 degrees C; and TOT-ICP06 for % Total
Calculation.
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