Jourdan Intersects 5.14 Metres at 0.66 Lbs U3O8/Ton in the Wakehem Sedimentary Basin
14 Febrero 2008 - 7:30AM
Marketwired
MONTREAL, QUEBEC (the Company) is pleased to announce the assay
results of the drilling done in January on its uranium property
located in the Wakeham basin, in the Havre St-Pierre region.
The table below gives the main intersections of the mineralized
structure: (ii)
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HOLES FROM TO METERS Ppm U Ppm U3O8 Lbs U3O8/ton
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S-6 23.24 25.60 2.26 201 237 0.47
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S-6 30.56 30.69 0.13 560 661 1.32
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S-7 25.08 29.14 4.06 105 124 0.25
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S-8 7.40 8.57 1.17 522 616 1.23
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S-9 8.79 13.93 5.14 278 328 0.66
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S-10 39.50 42.07 2.57 247 291 0.58
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S-10 49.12 51.08 1.96 185 218 0.44
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S-10 39.50 51.08 11.58 91 107 0.21
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S-11 46.54 47.19 0.65 191 225 0.45
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S-11 58.13 58.67 0.54 151 178 0.36
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S-12 81.03 81.78 0.75 2098 2476 4.95
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S-12 88.68 90.65 1.97 75 88 0.18
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S-12 81.03 90.65 9.62 181 214 0.43
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(ii) The samples were assayed at the AlsChemex laboratories in Val d'Or
and Vancouver. They were bagged, numbered and sealed at the camp site
and transported to the AlsChemex laboratory in Val d' Or for the
sample preparation. They were dried, weighed, crushed to -10 mesh
with a 250 fraction pulverized and bagged for the final assay at the
AlsChemex laboratory in Vancouver.
Drill holes S-6 and S-7 have intersected the uranium zone 1-B,
on the same cross section, at respective depths of 25 and 50
meters.
Drill holes S-8, S-9, S-10, S-11 and S-12 have intersected the
uranium zone 1-A, on the same cross section, at respective depths
of 5m, 10m, 30m, 55m and 75m.
Zone 1-B is located in the extension and South of the zone
1-A.
Petrographic and mineralogical studies conducted at IOS Services
Geoscientifiques and at the McGill University Earth Sciences
Department, on samples from the 1-A zone, have demonstrated
that:
1- The host rock is a paragneiss resulting from the metamorphism
of an argillaceous sediment and
2- The predominant mineral is richetite, a combined and hydrated
uranium and lead mineral whose composition is: PbU4O13 . 4H2O
These results confirm the JOURDAN Resources theory on the fact
that the Wakeham basin contains uranium mineralization of
sedimentary origin, syngenetic with the host sediments and
comparable, to some extent, with the uranium mineralization found
in the Athabaska basin, in Saskatchewan.
Uranium zones 1-A, 1-B, 2-A and 2-B are all in the same general
direction, approximately North-South, over a strike length of 1.5
km, ending on the Jourdan Lake shore and it could extend under the
lake.
These uranium zones occur as a structure en boudinage,
comprising bellies and knots. The drill holes can thus intersect
either a belly or a knot.
Uranium zone no 3 is located at 600 meters East of zones 1 and 2
and it extends Southward over a strike length of 1.5 km. This zone
was prospected with scintillometers during the 2007 summer. It gave
values of 200 to 600 ppm U over a width of at least 100 meters. It
will be sampled and assayed from the beginning of the coming summer
and a drilling program is planned for the end of the summer.
Two more uranium zones, no 4 and no 5, have been identified by
the GPR International helicopter borne survey conducted in 2007
summer. These zones will prospected during the 2008 summer.
JOURDAN owns a 100 % interest in 522 claims covering 282 sq. km.
in the Wakeham basin.
The fields works are supervised by Hubert Mvondo, Ph.D.
Moreover, The Company is pleased to announce the closing of a
private placement with SIDEX, S.E.C. for gross proceeds of $150
000. In total, the Corporation issued 1 500 000 units (the "Units")
at a price of $0.10 per Unit, with each Unit consisting of one
common share and one common share purchase warrant. Each warrant
entitles the holder thereof to purchase one common share of the
Corporation for a period of twenty-four months at an exercise price
of $0.20 per share at any time on or before the date that is 6
months from the closing; thereafter at an exercise price of $0.30
per share during the second period of 6 months; thereafter at an
exercise price of $0.40 per share during the third 6 month period;
and finally at a price of $0.50 per share during the remaining 6
month period.
Emilien Seguin, president of JOURDAN, is a qualified person in
regards to the 43-101 rules. He has reviewed and approved the
content of this press release.
Mineral fields ha participated to the financing of this
exploration program through a private placement completed in
December 2007.
The TSX Venture Exchange neither approved nor disapproved this
press release and does not accept any responsibility for the
adequacy or accuracy of the release.
Contacts: JOURDAN Resources Inc. Emilien Seguin, president
450-670-5224 emile.seguin@sympatico.ca JOURDAN Resources Inc. Guy
Girard, Director-Finances 514-798-1290
ggirard@sugarhillcapital.ca
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