Jourdan Acquires Sault Au Cochons Phosphate Property Forestvill

 
FSC / Press Release 
Jourdan Acquires Sault Au Cochons Phosphate Property Forestville, Quebec 
* 100% interest in 28-claim, 15.7 sq. km Sault Au Cochons Phosphate Property, no
royalties 
* Government results of 3.37% to 4.25% P2O5 
Toronto (Canada), October 28, 2013 /FSC/ - Jourdan Resources Inc. (JOR - TSX
Venture), ("JOURDAN" or the "Company") (www.jourdan.ca)is pleased to announce
that it has acquired 100% interest in the 15.7 square kilometre Sault Au Cochons
Phosphate Property (or, "SAC"), composed of 28 claims and located 100 km by road
north northwest of Forestville, 50 km southwest of Jourdan's Dissimieux Lake
Phosphate Property, and 35 km northeast of Jourdan's Cache Phosphate Property,
in the Province of Quebec, Canada. The SAC Phosphate Property is adjacent to
Jourdan's Lac Catherine Phosphate Property. 
The property was staked by Jourdan following extensive compilation and targeting
of prospective geological units along the St. Lawrence North Shore Region
between Saguenay and Baie-Comeau, in proximity to Jourdan's Jazz and Dissimieux
Lake Phosphate Properties (See Map 1). The SAC Phosphate Property covers lenses
of oxide-apatite gabbronorite (OAGN) rich in iron, titanium and phosphorus
(FTP). According to the Quebec Ministry of Natural Resources, "The region shows
strong mineral potential for iron-titanium oxide and apatite deposits associated
with gabbronorites" (Source Natural Resources Quebec Report RP 2009-01(A)). 
Map 1: Jourdan Resources' Phosphate Property Locations, Quebec
http://jourdan.ca/pdf20131028MAP1.pdf 
Sault Au Cochons contains lenses of OAGN. These lenses occur close to the border
and inside the Labrieville Anorthosite (LBV) which is host to Argex Titanium's
Lac Brule deposit. In the region the previously mapped lenses of OAGN have an
approximate strike length of 20 km, and Jourdan has acquired by staking
approximately 15.2 km of these strong mineral potential lenses. There is 11.2 km
of strike length on the SAC Phosphate Property and 4 km of strike length has
been traced on the Lac Catherine Phosphate Property on surface (See Map 2). 
Map 2:  Jourdan Resources' Lac Catherine and Sault Au Cochons Phosphate
Properties' proximity to each other with simplified geology map (Owens and Dymek
(2001): Petrogenesis of the Labrieville Alkalic Anorthosite Massif, Grenville
Province, Quebec)
http://jourdan.ca/pdf/20131028MAP2.pdf 
On Thursday October 24, 2013, Arianna Phosphate released the results of its Lac
A Paul Feasibility Study: 
"A Net Present Value of US$ 1,910.1 million at an 8% discount rate, an Internal
Rate of Return of 20.7% with a capital payback of 4.4 years before taxes and
mining duties. The mine life estimate is 25.75 years (excluding pre-production)
with an average annual phosphate concentrate production of 3 million tonnes with
a grade of 38.6% P2O5 and with average mill recovery of 90.0%." 
Jourdan continues to target and consolidate low risk and high potential value
phosphate properties along the north shore of the St. Lawrence River near Baie
Comeau, Quebec. The results reported by Arianne for its Lac A Paul Feasibility
Study, as well The Mine Arnaud partnership owned by Investissement Quebec (a
Crown corporation), and Yara International ASA (a Norwegian company),
demonstrate that large economic phosphate deposits in the region where Jourdan
operates is not a unique occurrence.  In the map below, the location of the Mine
Arnaud partnership as well as the Lac A Paul Property are displayed relative to
the location of communities along the St. Lawrence River in Quebec and Jourdan's
Quebec phosphate projects. 
Map 3:  Major Phosphate Players in Quebec
http://jourdan.ca/pdf/20131028MAP3.pdf 
Samples collected by the Ministry of Natural Resources, Quebec, from Sigeom,
show surface grab samples with results ranging from 3.37% to 4.25% P2O5 (Tables
1, below and Map 4, below). These samples were collected over an approximate 4km
strike length. The samples appear to correlate with the OAGN rocks that appear
on simplified geology map. Map 2. 
Table 1:   Assays from Sigeom 
-***- 
-------------------------------------
  Sample      Fe2O3t   TiO2   P2O5 
(%)     (%)    (%)
-------------------------------------
2007045649     24.58   7.31   4.25
-------------------------------------
2007045654     27.04   6.56   3.64
-------------------------------------
2007045653     24.85   5.65   3.37
-------------------------------------
2007045660     24.48   5.82   3.56
------------------------------------- 
-****- 
Map 4:  Jourdan Resources' Sault Au Cochon Phosphate Property map with sample
locations
http://jourdan.ca/pdf/20131028MAP4.pdf 
"As we continue to expand our phosphate properties in Quebec, the exploration
models we have developed are increasing our targeting speed. Our rapid
assessment of projects has allowed us to put together what we feel is the
premier package of phosphate properties in Canada", state Jourdan's President
and CEO Michael Dehn. "We see Quebec having the potential to be as significant a
phosphate region as North Africa, especially as a future reliable and high
quality source of phosphate for fertilizer as the global population continues to
grow and countries look for increased domestic food security." 
The technical information in this news release was approved by Mr Stephen
Wallace, P. Geo, VP Exploration of Jourdan Resources, and a Qualified Person
under NI 43-101 regulations. 
About Jourdan Resources 
Jourdan Resources Inc. is a Canadian junior mining exploration company focused
on phosphate. We continually strive to maximize shareholder value by targeting
the highest quality phosphate projects with a professional and highly
experienced management team. 
Our approach combines creativity, experience, and technical expertise with
tenacity and determination to advance existing projects while always being
prepared to take advantage of new opportunities that can add value for our
shareholders. We are committed to conducting ourselves in an open, professional,
and responsible manner, while always remaining available to all shareholders.
Our goal is to become the dominant phosphate miner in North America. 
Jourdan Resources Inc. is a Canadian junior mining exploration company trading
under the symbol JOR on the TSX Venture Exchange. The Company is focused on the
acquisition, exploration, production, and development of mining properties in
phosphates. 
Please visit the Company's website at www.jourdan.ca 
For further information please contact: 
Michael Dehn                                  Glen Wylie, CMA
President and CEO, Jourdan Resources Inc.     CFO, Jourdan Resources Inc.
Tel: (647) 477-2382                           Tel: (647) 477-3758
Fax: (647) 477-2389                           Fax: (647) 477-2389
michael@jourdan.ca                            glen@jourdan.ca 
Cautionary Note Regarding Forward-Looking Statements
Certain statements contained in this news release, including any information as
to our strategy, projects, plans or future financial or operating performance
and other statements that express management's expectations or estimates of
future performance, may constitute forward-looking information (collectively
"forward-looking information") within the meaning of Canadian securities laws.
Forward-looking information may be identified by terminology such as "may",
"will", "could", "should", "expect", "plan", "anticipate", "believe", "intend",
"estimate", "projects", "predict", "potential", "continue" or other similar
expressions concerning matters that are not historical facts and include, but
are not limited to, resource estimates, capital and operating expenditures,
economic conditions, availability of sufficient financing, receipt of approvals,
satisfaction of closing conditions and any and all other timing, development,
operational, financial, economic, legal, regulatory and/or political factors
that may influence future events or conditions. Such forward-looking statements
are based on a number of material factors and assumptions, including, but not
limited to, access to capital markets and other sources of financing and
associated cost of funds, final receipt of any required approvals, sufficient
working capital for development and operations, access to adequate services and
supplies, availability of markets for products, commodity prices, foreign
currency exchange rates, interest rates, availability of a qualified work force,
availability of manufacturing equipment, no material changes to the tax and
regulatory regime, the ultimate ability to execute business plans on
economically favourable terms and those material factors and assumptions
disclosed in other public filings of Jourdan Resources. 
While we consider these assumptions to be reasonable based on information
currently available to us, they may prove to be incorrect. Actual results may
vary from such forward-looking information for a variety of reasons, including
but not limited to, risks and uncertainties disclosed in other public  Jourdan
Resources filings, changes in general economic, market and business conditions,
competition for, among other things, capital and skilled personnel, and other
unforeseen events or circumstances, that may cause the actual financial results,
performance or achievements of the Company to be materially different from
estimated future results, performance or achievements expressed or implied by
the forward-looking statements. Copies of the Company's public filings under
applicable Canadian securities laws are available at www.sedar.com. The Company
further cautions that information contained on, or accessible through, this
website is current only as of the date of filing such information and may be
superseded by subsequent events or filings. Other than as required by law,
Jourdan Resources does not intend, and undertakes no obligation, to update any
forward looking information to reflect, among other things, new information or
future events. 
Although the Company believes many of its properties have promising potential,
its properties are in the early stages of exploration. None have yet been shown
to contain proven or probable mineral reserves. There can be no assurance that
such reserves will be identified on any property, or that, if identified, any
mineralization may be economically extracted. 
Neither the 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. Statements in this
release that are not historic facts are "forward-looking statements" and readers
are cautioned that any such statements are not guarantees of future performance,
and that actual developments or results, may vary materially from those in these
"forward-looking statement. 
To view this press release as a PDF file, click onto the following link:
http://www.usetdas.com/pr/SkkynetOct282013.pdf 
Source: Jourdan Resources Inc. (TSXV: JOR)  http://www.jourdan.ca
Maximum News Dissemination by FSCwire. http://www.fscwire.com 
Provider ID: 00022416
-0- Oct/28/2013 11:30 GMT