Figure 1 Left to right: Sylvain Collard (Sayona’s Chief Operating Officer), Brett Lynch (Sayona’s Managing Director), Stan Bharti (Jourdan’s Director) and Rene Bharti (Jourdan’s CEO) at the NAL open pit mine. Large scale and extensive drill program planned with the intent of defining a mineral resource base capable of supplying more tonnes and enhanced material quality to the North American Lithium concentrator Jourdan and Sayona plan to undertake the largest lithium drill program in Quebec set
TORONTO, Dec. 19, 2022 (GLOBE NEWSWIRE) -- JOURDAN RESOURCES INC. (TSXV: JOR; OTCQB: JORFF; FRA:2JR1) (“Jourdan” or the “Company“) is pleased to announce that North American Lithium Inc. (“NAL”), a subsidiary of Sayona Mining Limited (ASX: SYA; OTCQB: SYAXF) (“Sayona”), which recently entered into an earn-in and joint venture agreement with Jourdan (the Earn-in Agreement”), has deposited C$4 million (the “Escrow Amount”) into an escrow account pursuant to an escrow agreement entered into among J
Sayona to Acquire a 9.99% Shareholding in Jourdan Resources Figure 1 View of NAL mine area and Jourdan’s Vallée claims Figure 2 Vallée Project – outcropping pegmatite Figure 3 Sayona’s Jourdan claims Figure 4 Jourdan Chairman Dr. Andy Rompel & Sayona VP Exploration Carl Corriveauat site in Quebec Highlights Earn-in agreement over Jourdan Resources’ Vallée lithium project allows Jourdan to further expand its exploration towards a potential resource and future mine. Sayona to acquire a 9.99% share