Jourdan Acquires 100% of Hache Phosphate Property, Near Saguena

FSC / Press Release 
Jourdan Acquires 100% of Hache Phosphate Property, Near Saguenay, Quebec 
* 100% interest in 155-claim, 87 sq. km Hache Phosphate Property, no royalties 
* Main claim block contiguous with the Moose Lake Project of Glen Eagle
* Hache Property is claims are located 10 km due west and 12 km due east of La
Hache-Est Property with historic resource of 20.32 Mt at 5.21% P2O5, 24.75% Fe
and 5.12% TiO2 
Val d'Or, Quebec CANADA, October 31, 2013 /FSC/ - Jourdan Resources Inc. (JOR -
TSX Venture),("JOURDAN" or the "Company") ( is pleased to
announce that it has acquired 100% interest in the 87  square kilometre Hache
Phosphate Property (or, "Hache"), composed of 155 claims and located 500 km
north the town of Saguenay, 20 km west of Jourdan's Cache Phosphate Property,
and contiguous with Glen Eagle Resources Moose Lake Property in the Province of
Quebec, Canada. The Hache Phosphate Property is10km due west and 12 km due east
of the La Hache-Est historic resource (see Map 1). 
To acquire the Hache Phosphate Property, Jourdan will issue 600,000 shares
within 5 days of the TSX Venture Exchange's approval. No additional
consideration is being paid for the acquisition, and there are no royalties on
the properties. 
The Hache Phosphate Properties are 10 km due west and 12 km due east of the La
Hache-Est historic resource (see Map 1). The La Hache-Est historic resource
(Source: Sigeom - La Hache-Est non-metallic mineral deposit and GM 23170 (Nov 1
1968) Soquem Rapport des Travaux, Explorations Terre Nova Ltee Project 13-778-01
La Hache-Est) is reported as 20.32 million tonnes containing 24.75% Fe, 5.15% Ti
and 5.21% P2O5. This project was originally looked at as a potential source of
iron ore, and at the time had not been considered for its potential for
phosphate or titanium. 
Map 1: Jourdan Resources' Hache Phosphate Property, Quebec 
The northeast claims of the Hache Phosphate Property are contiguous with the
Moose Lake Project of Glen Eagle Resources, with part of the Hache Phosphate
Property surrounded by the Moose Lake Project claims on the north, east and
south. The Hache Phosphate Property is within 5 km of the drilling on the Lac
Original Zone on the Moose Lake Project. Previous significant results released
by Glen Eagle Resources on the Lac Original Zone are shown in the table below: 
Table 1: Significant Results from Glen Eagle Resources Moose Lake Project,
adjacent to Jourdan's Hache Phosphate Property (all results have been previously
released by Glen Eagle Resources) 
Hole      From  To    Length  P2O5  Release 
(m)   (m)   (m)     (%)   Date 
LO1203    13.5  84.0  70.5    4.7   20120523
LO1208    3.5   57.5  54.0    5.4   20120731
LO1209    3.5   102.0 98.5    3.9   20120808
LO1212    4.0   68.5  64.5    5.3   20120808
LO1210    45.5  105.0 59.5    5.1   20120918
LO1211    10.9  102.0 91.1    3.8   20120918
LO1213    4.0   80.0  76.0    5.7   20120918
LO1213    16.0  80.0  64.0    6.1   20120918
LO1217    3.6   62.1  58.5    5.0   20120918
LO1224    4.5   76.5  72.0    5.4   20130204
LO1236    39.0  93.0  54.0    5.4   20130204
LO1238    43.5  102.0 58.5    6.0   20130204
Map 2:  Jourdan Resources' Phosphate Properties' proximity to each other and
relative to neighbouring Phosphate Properties in the region. 
The Hache Phosphate Property is 20 km due west of Jourdan's Cache Phosphate
Property. Although the Lac Hache Phosphate Property has not been explored for
phosphate historically, recent airborne geophysics indicated narrow very
magnetic rock units, similar in geophysical response to the Cache, Sault Au
Cochons and Lac Catherine Phosphate properties. Jourdan's previous success at
Dissimieux Lake have aided in developing a more regional phosphate exploration
model that has led to these recent property acquisitions by the Company. 
Map 3:  Location of Jourdan's Phosphate Properties in relation to Southern
Quebec and the East Coast of Canada. 
"Jourdan continues to target and acquire properties that are foundation building
in a regional phosphate production model with the idea of using a central
production facility for many properties", states Michael Dehn, Jourdan's
President and CEO. "By looking at surface zones of phosphate mineralization and
areas relatively close to infrastructure we feel this model opens up the North
Shore for phosphate exploration from Saguenay to Sept-Isles." 
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. 
Completion of the acquisition remains subject to TSXV approval. The securities
of the Company to be issued on acquisition will be subject to a four month hold
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
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
Please visit the Company's website at 
For further information please contact: 
Michael Dehn
President and CEO, Jourdan Resources Inc.
Tel: (647) 477-2382
Fax: (647) 477-2389 
Glen Wylie, CMA
CFO, Jourdan Resources Inc.
Tel: (647) 477-3758
Fax: (647) 477-2389 
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 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, please click on the following link: 
Source: Jourdan Resources Inc. (TSXV: JOR)
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-0- Oct/31/2013 17:36 GMT
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