targetingthespodumene battery industryin quebec march2021...exploration for troilus gold corp. mr....

WWW.JOURDANINC.COM

Lithium Exploration and DevelopmentTargeting the Spodumene Battery Industry in Quebec

March 2021

FRANKFURT : 2JR1TSX.V: JOR

This presentation of Jourdan Resources Inc. (“Jourdan” or the “Company”) is for information only and shall not constitute an offer to buy, sell, issue or subscribe for, or thesolicitation of an offer to buy, sell or issue, or subscribe for any securities. The information contained herein is subject to change without notice and is based on publiclyavailable information, internally developed data and other sources. Where any opinion or belief is expressed in this presentation, it is based on the assumptions andlimitations mentioned herein and is an expression of present opinion or belief only. No warranties or representations can be made as to the origin, validity, accuracy,completeness, currency or reliability of the information. The Company disclaims and excludes all liability (to the extent permitted by law), for losses, claims, damages,demands, costs and expenses of whatever nature arising in any way out of or in connection with the information in this presentation, its accuracy, completeness or by reasonof reliance by any person on any of it. This presentation should not be construed as legal, financial or tax advice to any person, as each person’s circumstances are different.Readers should consult with their own professional advisors regarding their particular circumstances. The information contained in this presentation is not directed to personsor entities resident in the United States and does not constitute an offer or solicitation by anyone in the United States or in any other jurisdiction in which such an offer orsolicitation is not authorized or to any person to whom it is unlawful to make such an offer or solicitation, unless otherwise exempt from applicable securities legislation.

Forward-Looking StatementsCertain information contained herein regarding Jourdan including management’s assessment of future plans and operations, may constitute forward-looking statementsunder applicable securities law and necessarily involve risks, including but not limited to risks associated with mining exploration, operating costs, production costs, volatilityof share prices, currency fluctuations, imprecision of resource and reserve estimates, if any, environmental risks and ability to access sufficient capital from internal andexternal sources.As a consequence, actual results may differ materially from those anticipated in any forward-looking statements. Plans, intentions or expectations disclosed in any forward-looking statements or information should not be read as guarantees of future results or events and will not necessarily be accurate indications of whether or when or by whichsuch results or events will be achieved.Except as required by law, the Company expressly disclaims any intention and undertakes no obligation to update any forward- looking statements or information asconditions change.

Technical InformationThe scientific and technical information contained herein has been reviewed and approved by Yves Caron, an independent consultant that is a “qualified person” as defined inNational Instrument 43-101 – Standards of Disclosure for Mineral Projects.

Cautionary Language and Legal Disclaimer

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Jourdan Resources Inc. is a Canadian junior exploration company focused on producing commercial grade lithium

economically & safely. Our goal is to take advantage of a world class asset and a proven management team to

become a dominant lithium miner in North America.

OUR MISSION

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• Lithium prices starting to rebound• Worldwide demand for lithium driven by

increase in Electric Vehicle (EV) sales and other forms of clean energy

• Jourdan Resources focused on exploration in Quebec for hard rock spodumene lithium

• Increased demand for secure North American lithium supplies

• Largest lithium exploration portfolio in Quebec• Adjacent to past producing North American

lithium operation (expected to restart with new owners in near term)

• Quebec is mining friendly and Quebec government has made EV related industries a strategic priority

• Drill ready targets

InvestmentHighlights

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Lithium Supply And Demand Recent Worldwide demand for lithium was over 350,000 tonnes Lithium

Carbonate Equivalent (LCE).

Demand estimates for 2025 based on 14% EV penetration are approximately 1,000,000 tonnes LCE.

The 650,000 tonnes LCE shortfall is equivalent to 26 new mines (25,000 tonne/year average).

Recent EV sales penetration in Norway averaged 49% and hit a record high of 58.4% last year.

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Lithium Price Recovery

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Lithium Hard RockLithium is found in very low concentration in igneous rocks. The largest concentrations of

lithium-containing minerals are found in granitic pegmatites. The most important of these

minerals are spodumene (Li2O, Al2O3, 4SiO2) and petalite (Li2O, Al2O3, 8SiO2). Spodumene

has a theoretical Li2O content of 8.03%. Due to its high lithium content, spodumene is

considered the most important lithium ore mineral.

A typical run of mine ore can contain 1-2% Li2O, while a typical spodumene concentrate

suitable for lithium carbonate production contains 6-7% Li2O (75% - 87% spodumene).

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Jourdan Resources Inc. is a

Canadian junior exploration

company focused on the

acquisition, exploration,

development and production of

lithium mining properties in

Quebec.

Jourdan currently has four key

assets in the lithium rich region

surrounding North American

lithium.

Overview

EXCELLENT LOCATION

• 50 km from Val d’Or, Quebec

• Well developed local infrastructure

• Year-round access

• Access to low cost and low carbon electricity

• Adjacent to +50 year operational lithium

project – North American lithium

• Long standing good relationship with First

Nations

Jourdan Resources

Quebec, Canada


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La CorneValléeLithium

Baillargé

PressiacLaCorne

Source: SIGEOM. Readers are cautioned that lithium deposits located on the

North American Lithium land package may not be indicative of lithium

deposits located on Jourdan land packages.

Jourdan Claim Map


• Located North of Val D’Or

• Over 1800 Hectares

• Strategically placed

• Drill ready

Four Key Projects

• Pressiac – LaCorne Lithium

• Vallée Lithium

• Baillargé Lithium-Moly

• La Corne Lithium

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• Historical intercepts from previous drill programs includes:• 1.19% Li2O over 5.50 Metres• 1.05% Li2O over 4.31 Metres• 1.03% Li2O over 4.63 Metres

• In 2011 Jourdan completed a total of 21 drill holes totaling over 4,250 metres

Geology Map





Vallée Lithium

Pressiac LaCorne

Baillargé

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Mineralized spodumene pegmatites continue directly

onto Jourdan’s claims and are confirmed by several

drill holes (white dots).

Pressiac-LaCorne





Pressiac – LaCorne

Vallee Lithium

PAST PRODUCER

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The number of spodumene bearing dykes in drill holes intersected on the Vallee Lithium

property are estimated at more then 400, from centimetres in width to many metres wide.

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Vallee Lithium Project

In 2011, Jourdan completed a total of 21 drill holes totaling 4,256m.

Drill Hole Assay Results (2011)

VAL 11-20 1.19% Li2O over 5.50 metres2.68% Li2O over 0.85 metres

VAL 11-21 1.05% Li2O over 4.31 metres

VAL 11-17 1.03% Li2O over 4.63 metres


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Fence drilling from South to North at Vallee Lithium to

the East of North American Lithium Mine.

Vallée Lithium ProjectCross Section


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Jourdan’s crushed bulk sample in storage, ready for processing for grade estimation and metallurgical test work. Initial results expected late March 2021.

Jourdan Bulk Sample Analysis in Process

Open pit mine at the neighbouring North American Lithium Mine. Note the ore is the white rock hosted in the grey rock.


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2022 2023

P a t h F o r w a r d

Fundraising / 400 samples send to assay lab

Bulk sample processing (50 tonnes)

Geological mapping, trenching and drilling of lateral and downward extent

Resource modelling towards a NI 43-101 report

Production permitting the quarry / toll milling agreement / build on the resource / large bulk

sample

Enter production 1200 to 1500 tpd


2021

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• No debt

• Monthly burn rate CAD $50,000

• Cash on-hand $500,000

Capital Structure

Jourdan Resources Inc. TSX-V:JOR

Shares OutstandingWarrants

Options

Fully Diluted

108,873,112

53,600,333

10,887,311

173,360,756

Current Share Price (March 12,2021)

$0.10

52-Week High / Low $0.17 / $0.01

Market Capitalization $10,800,000

Significant Shareholders Ownership

Management & Directors 11.2%

Aberdeen International Inc. 12.2%

Sulliden Mining Capital 8.4%

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Warrants Issued and Outstanding

POTENTIAL WARRANTS

Exercise Price Expiry Date Number Potential $$$$0.10 August 1, 2020 233,333 $23,333$0.05 September 21, 2022 50,000,000 $2,500,000$0.05 September 21, 2022 22,972,000 $1,148,600

If all warrants exercised 73,205,333 $3,671,900

POTENTIAL OPTIONS

Exercise Price Expiry Date Number Potential $$$$0.05 December 14, 2021 612,500 $30,625$0.90 March 25, 2024 30,000 $27,000$0.17 May 31, 2022 750,000 $127,500$0.08 June 12, 2023 1,650,000 $132,000

$0.075 January 20, 2026 7,844,811 $588,360


If all warrants and options are excised then total cash raised is: $4,577,418

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Comparable Lithium Developers

Comparable Lithium Near Term Producers

Lithium Americas $18.51 $2.23B

Neo Lithium $2.43 $311.21M

Sayona Mining A$0.025 A$94.69M

E3 Metals Corp. $2.86 $104.23M

Critical Elements $1.36 $229.61M

Market Cap

Source: Google Search on 8th Mar 2021 18

Adjacent to North American Lithium Mine

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• Jourdan Resources Vallee Lithium project located near North American Lithium’s

past producing mine

• North American Lithium mine, when re-activated, is expected to produce

approximately 23,000 tons of battery grade lithium carbonate on an annualized

basis

• North American Lithium currently under a tender process for sale

• Over $400 million invested over 9 years in North American Lithium

• Providing good infrastructure and work force in the region for companies such as

Jourdan

• Bulk samples due back from lab end of March 2021

• 43-101 completed with minimal work

• North American Lithium bidding process to be completed in the near term

• Drill ready targets in place and drill secured

• Local labour force ready to be deployed

• On track to be in production mid 2023

Near Term Catalysts


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Rene Bharti, Director, President and CEOOver a 20-year career, Rene has held several key roles in both public and private companies, including those in the resource, technology and entertainment industry. Mr. Bharti co-founded ARHT Media, along with legendary singer Paul Anka. Rene is a former President & Chief Executive Officer at Avion Gold Corp, that was later acquired by Endeavour Mining Corporation for CDN$389 million. Mr. Bharti holds a Bachelor of Commerce (Honors) from Queen’s University.

Our Team

Dr. Andreas Rompel, Chairman, Lead GeologistDr. Rompel is a seasoned exploration professional with nearly three decades of exploration experience in a wide range of roles from VP Exploration and Project Manager to Country Manager and Corporate Development. Most recently, Dr. Rompel was the President & CEO of Cobalt Power Group. Dr. Rompel has also worked in a variety of commodities, including precious metals and base metals as well as coking coal and cobalt. For more than a decade, Dr. Rompel evaluated capital projects within Anglo American and was on the board of Spectrem (an Anglo-American company) as Technical Director. He has worked in many countries on several continents and has well developed multi-linguistic skills.

Maxime Lemieux, LLB, DirectorMr. Lemieux is part of the Corporate Group at McMillan LLP in Montréal. He is primarily acting for public companies, agents, securities distributors and underwriters in Canada, to which he offers legal counseling services on public and private offerings and on mergers and acquisitions. He has been a member of the Quebec bar since 2006, completed a LL.L and a LL.B at the University of Ottawa as well as an MBA at Laval University and the Fachhoschule Kiel in Germany.

Blake Hylands, DirectorMr. Hylands is a professional geologist with experience in gold, base metals and iron ore in Canada and internationally. He has held technical and corporate development positions for several junior mining companies; most recently for Sulliden Mining Capital, and also Coastal Gold Corp. from 2010 to 2015, where he developed grassroots mapping and sampling programs, managed large scale drill programs, and helped transition projects from early exploration to resource definition stage. Mr Hylands is also the Vice President of Exploration for Troilus Gold Corp. Mr. Hylands holds a BSc in Geology from Western University in London, Ontario.

Deborah Battiston, Chief Financial Officer15+ years of accounting, tax and corporate finance experience in Canada and Europe. From 2007-2010, she was the CFO of CD Capital Partners, a private real estate firm focused on developing mixed use retail and office real estate in Russia, Ukraine and Romania. From 2001-2008, she was the CFO of MAVA Investment Ltd., a private equity firm based in Budapest, Hungary.

Aaron Atin, Corporate SecretaryMr. Atin is a corporate and securities lawyer with securities, mergers and acquisition and corporate finance experience. Mr. Atin is currently a legal consultant to various Toronto Stock Exchange, NEO, TSXV and CSE-listed companies in various sectors including mining, financial services, agriculture and technology. Mr. Atin began his legal career as a corporate law associate at Davies Ward Phillips & Vineberg LLP. Mr. Atin holds a Bachelor of Arts from the University of Waterloo and a J.D. from the University of Toronto, Faculty of Law.

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Thank you

65 Queen Street W, Suite 900 P.O. Box 75Toronto, Ontario, CanadaM5H 2M5

[email protected]

targetingthespodumene battery industryin quebec march2021...exploration for troilus gold corp. mr....

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