Final Thirteen Holes Completed At the Vallee Project

TORONTO - Jourdan Resources Inc. reported on its summer/fall 2022 drilling campaign on its Vallee Lithium Project, located 35 km north of Val-d’Or in Quebec, Canada. Results from the final thirteen holes have been received. These final assay results confirm that the lithium-bearing pegmatite system at Vallee remains open for expansion to the east along strike, down-dip and to the south of the 2021 and 2022 drill holes.

The Company and its partner, North American Lithium Inc. (NAL), recently announced the intention to commence an aggressive 24,000 m drilling program to commence in May on the Vallee project with the objective of expanding and defining sufficient mineral resources to supply increased tonnages to the NAL concentrator located adjacent to the property. NAL’s concentrator commenced processing operations oand the first spodumene concentrate produced from the plant was announced this month.

“I am excited by the results of the 2022 drill program at Vallee,” said President and CEO, Rene Bharti. “Not only did our program define the presence of significant lithium-bearing pegmatites along trend from Sayona’s NAL mine, but also the strong possibility of further growing the mineralization in the immediate area through our previously announced and upcoming drilling program. Our partnership with Sayona and the location of Vallee’s mineralization adjacent to their mining operations certainly puts Jourdan’s shareholders in an envious position in the race to become Canada’s next lithium producer.”