Jourdan Resources Inc.

Jourdan Resources Inc.

November 29, 2007 09:15 ET

JOURDAN Initiates a Core Drilling Program in the Wakeham Sedimentary Basin

MONTREAL, QUEBEC--(Marketwire - Nov. 29, 2007) - JOURDAN Resources (TSX VENTURE:JRN) is pleased to announce that the first core drill hole is presently underway on its uranium property in the Wakeham sedimentary Basin, 70 km North of Havre St.Pierre. The drilling program is carried out by New Valley Drilling, Springdale, Newfounland.

Four uranium-bearing deposits, of sedimentary origin, have so far been discovered on this property. The uranium mineralization is hosted in paragneiss beds intercalated between quartzite beds. These deposits are designated 1-A, 1-B, 2-A and 2-B. They are all lined up in a N-15-W trend, over a strike length of 1.7 km. The dips are of 65 degrees towards the East.

Deposit 1-A has a width from 1 to 5 meters while the other deposits have widths from 1 to 2 meters. Eight grab samples taken from deposit 1-A and five grab samples from deposit 1-B have given average grades of 0.74 and 3.08 lbs U3O8 per ton, respectively. Grab samples were also taken from deposits 2-A and 2-B but assay results are not yet available. The samples were assayed in the laboratories of AlsChemex, in Val d'Or and Vancouver.

Further, ground prospection with a discriminating spectrometer has revealed the existence of an additional radiometric zone, designated zone 3, with a length of 1.5 km, a width of several tens of meters and a radiometric intensity from 100 to 400 ppm U. This zone could potentially represent an open pit mineable deposit. It is located in the South extension of the above described zones 1 and 2.

A helicopter borne geophysical survey conducted by GPR International in August 07 identified two additional radiometric zones, with a predominance of uranium, designated zones 4 and 5, at a distance of 1.5 km East of zone 3. These zones will be explored on the ground at the beginning of the next summer.

JOURDAN is of the opinion that this drilling campaign constitutes an important milestone in the uranium exploration program which it initiated in June 2007 in the Wakeham sedimentary Basin. This program was designed by JOURDAN to demonstrate that the Wakeham Basin contains uranium deposits similar to the Elliott Lake and the Athabaska models. The deposits which are presently being drilled are demonstrably of sedimentary origin; the uranium mineralization being hosted in paragneiss beds intercalated between quartzite beds. The sedimentary origin of the paragneiss beds has been confirmed by the determination of the major elements in 8 samples with have all given alkali to alumina ratios of less than 1.0.

JOURDAN owns an interest of 100% in 522 claims covering 282 in the Wakeham Basin.

Works on the property are supervised by Hubert Mvondo, Ph.D. who is assisted by Ramin Salkhi, M.Sc and member of l'Ordre des Geologues du Quebec.

Emilien Seguin, president of JOURDAN is a qualified person in regards to the 43-101 rules. He has reviewed and approved the content of this press release.

Mineral Fields has participated to the financing of this exploration program through a private placement completed in September 2007.

The TSX Venture Exchange neither approved nor disapproved this press release and does not accept responsibility for the adequacy or accuracy of the release.

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