Jourdan Announces Stock Option Grant

Jourdan Announces Stock Option Grant

Jourdan Resources Inc. (TSXV: JOR | OTCQB: JORFF | FRA: 2JR1) (" Jourdan ", " Jourdan Resources " or the " Company ") today announced that it has granted 4,100,000 stock options to certain directors, officers and consultants of the Company pursuant to the Company's stock option plan. The stock options vest immediately and may be exercised at a price of $0.05 per option for a period of five years from the date of grant. This grant of options is subject to the approval of the TSX Venture Exchange.

About Jourdan Resources Inc.

Jourdan Resources Inc. is a Canadian junior mining exploration company trading under the symbol "JOR" on the TSX Venture Exchange and "2JR1" on the Stuttgart Stock Exchange. The Company is focused on the acquisition, exploration, production, and development of mining properties. The Company's properties are in Quebec, Canada, primarily in the spodumene-bearing pegmatites of the La Corne Batholith, around North American Lithium's producing Quebec Lithium Mine.

For more information:
Rene Bharti, Chief Executive Officer and President
Email: invest@jourdaninc.com
Phone: (416) 861-5800
www.jourdaninc.com

NEITHER 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.


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Jourdan Starts Soil Sampling Program at Preissac-La Corne and Baillargé Projects; Jourdan Expects to Announce Initial Mineral Resource Estimate on Vallée in Near Future

Jourdan Starts Soil Sampling Program at Preissac-La Corne and Baillargé Projects; Jourdan Expects to Announce Initial Mineral Resource Estimate on Vallée in Near Future

Jourdan Resources Inc. (TSXV: JOR; OTCQB: JORF, FRA:2JR1) (" Jourdan " or the " Company ") is pleased to announce that it has commenced a soil sampling program on the majority of its claims located in the long-established lithium mining district of Preissac-La Corne, which is approximately 35km north of Val-d'Or in Quebec, Canada.

The sampling program is being conducted on a 400m x 200m regional grid and represents a pre-cursor to a potential future drilling program. A field crew consisting of geological and exploration technicians has been mobilized to the area and has begun collecting soil samples. Soil samples are being collected using two-person teams equipped with picks and shovels. Samples are being collected from the b-horizon at a depth ranging from 10 cm to 90 cm. Approximately 1,000 sites are scheduled to be sampled. To date, the soil sampling technique, utilizing both in-situ and pXRF analysis directly in the field, is working very efficiently to test these large areas rigorously, rapidly and cost-effectively. Samples are being analyzed on a daily and weekly basis for rubidium (Rb) and tantalum (Ta) by the latest model X-505 portable XRF gun from SciAps. Samples are then sent to Impact Global Solutions (IGS) lab in Delson, Quebec for pathfinder element analysis.

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Jourdan Upsizes Private Placement Financing

Jourdan Upsizes Private Placement Financing

NOT FOR DISTRIBUTION TO UNITED STATES NEWS WIRE SERVICES OR DISSEMINATION IN THE UNITED STATES

Jourdan Resources Inc. (TSXV: JOR; OTCQB: JORF, FRA:2JR1) (" Jourdan " or the " Company ") is pleased to announce that as a result of increased investor demand the Company is increasing its previously announced private placement financing (the " Initial Offering ") of common shares issued on a flow-through basis (the " Flow-Through Shares ") from up to 10,000,000 Flow-Through Shares to up to 14,000,000 Flow-Through Shares at a price of $0.10 per Flow-Through Share, for aggregate gross proceeds from the issuance of both units and Flow-Through Shares of up to $2.4 million (the " Upsized Offering "). For more information about the Initial Offering and details of the units to be issued thereunder, please see the Company's press release dated June 29, 2022, which is available under the Company's SEDAR profile at www.sedar.com.

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Jourdan Announces More Elevated Li2O Grades from its Drill Campaign

Jourdan Announces More Elevated Li2O Grades from its Drill Campaign

Jourdan Resources Inc. (TSXV: JOR; OTCQB: JORF, FRA:2JR1) (" Jourdan " or the " Company ") is pleased to publish the next partial assay results of its winter 2022 drilling campaign on its flagship Vallée project, which is located ~35km north of Val-d'Or in Quebec, Canada. The results are from three holes and show multiple lithium grading zones.

Highlights*:

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Jourdan Announces First of Eighteen Drillhole Assay Results with Li2O Grades

Jourdan Announces First of Eighteen Drillhole Assay Results with Li2O Grades

Jourdan Resources Inc. (TSXV: JOR; OTCQB: JORF, FRA: 2JR1) (" Jourdan " or the " Company ") is pleased to publish the first assay results of its winter 2022 drilling campaign on its flagship Vallée project, which is located north of Val-d'Or in Quebec, Canada. The results are from the first hole VAL22-2-6 and shows multiple lithium grading zones.

Highlights*:

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Jourdan Completes Phase 2 of its 2022 Drilling Program

Jourdan Completes Phase 2 of its 2022 Drilling Program

All eighteen holes of its 2022 winter drilling campaign have intersected the new spodumene-bearing pegmatite swarm.

Jourdan Resources Inc. (TSXV: JOR; OTCQB: JORF, FRA:2JR1) (" Jourdan " or the " Company ") is pleased to announce that all of its eighteen (18) drill holes of its 2022 winter drilling campaign have intersected the new spodumene-bearing pegmatite swarm on its Vallée property at a previously underexplored eastern extension, which had not been exposed by the North American Lithium mine to the west of Vallée (see Fig. 1).

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Jindalee Lithium

Jindalee Lithium


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Lithium batteries and wires with a lithium periodic symbol and rocks on a dark surface.

Green Technology Metals Boosts Market Position through Root Lithium Project

North America-focused Green Technology Metals (ASX:GT1,OTC Pink:GTMLF) has completed an updated preliminary economic assessment (PEA) for its Root lithium project in Ontario, Canada.

Green Technology Metals said that the PEA evaluated Root on a standalone basis, while the December 2023 PEA combined Root with the company's advanced Seymour lithium project. The new PEA took into consideration the recently updated Root Project MRE, revised pit optimisations and mine development options, and changed lithium market conditions.

“(The PEA confirms Root) as a technically and economically robust standalone operation,” Managing Director Cameron Henry said in an April 9 release. “With a longer mine life, reduced upfront capital requirements, and strong economics, Root is well-positioned to support GT1’s broader strategy of establishing a vertically integrated lithium supply chain in Ontario.”

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CleanTech Lithium

CleanTech Lithium


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Expansive salt flat with polygonal patterns, distant mountains under a clear blue sky.

Types of Lithium Brine Deposits

The growing global adoption of electric vehicles (EVs) is driving lithium demand, and it’s important for investors interested in the battery metal to understand the different lithium deposit types found around the world.

Lithium is mined from three types of deposits: brines, pegmatites and sedimentary rocks. Global lithium reserves are estimated at 30 million metric tons (MT), and continental brines and pegmatites are the main sources for commercial production.

A University of Michigan study published in the Journal of Industrial Ecology explains, “The feasibility of recovering lithium economically from any deposit depends on the size of the deposit, its lithium content … the content of other elements and the processes that are used to remove the lithium-bearing material from the deposit and extract lithium from it.”

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