Jourdan Resources Inc.
TSX VENTURE : JRN

Jourdan Resources Inc.

December 19, 2006 07:00 ET

Jourdan Discovers New Gold Zone in Belleterre Camp

VAL-D'OR, QUEBEC--(CCNMatthews - Dec. 19, 2006) - Jourdan Resources Inc. (TSX VENTURE:JRN) is pleased to announce the discovery of a new gold zone on its 112 hectare property, located 4km east of the village of Belleterre, Guillet Township, Quebec. The discovery is the result of a systematic stripping, trenching and channel sampling campaign carried out by Jourdan last fall.

The volcanic rocks of the Belleterre region form the southernmost portion of the Abitibi Greenstone Belt in Quebec. Historically known prospects and deposits have generally exhibited relatively high grades associated with coarser gold occurring in transgressive fault structures. The Belleterre Mine produced over 800,000 ounces with an average grade of 11 g/t.

Jourdan's 2006 program was designed to test an extension of a northwesterly splay off of the main Guillet Lake fault which crosses the property from the Northeast to the Southwest. The approximately 10m wide shear zone was exposed in two trenches spaced approximately 100m from each other. Only one of these trenches was channel sampled, the results of which are reported here.

The gold mineralized shear zone shows pinch and swell structures with boudinaged and dislocated quartz veins. Gold mineralization is generally coarse, associated with 1-5% pyrite, up to 1% chalcopyrite, and lesser amounts of sphalerite and galena.

A total of 13 channels (Labeled A to M) were cut by diamond saw across the shear. Spacing between channels varied from 2 to 3 meters. While all of the channels showed anomalously high values (0.02-1.0g/t Au), the highest values were obtained in the following four channels (each individual channel sample representing approximately 50cm sampled length).

Channel "A" consists of 11 individual samples values range from 0.06 to 6.6 g/t Au and averaged 2.53g/t Au over a total channel length of 5.5 meters.

Channel "B" consists 5 samples for a total of 2.7 meters length. Values range from 3.23g/t to 350 g/t Au. The average over the whole section is 80.10 g/t Au including an interval of 1.5 meter with an average of 132.41 g/t Au.

Channel "C" is 4.5 meters long and made up of 9 samples. The average gold content over this section is 9.98g/t Au. Included is an interval of 1 meter grading 39.89 g/t Au.

Channel "M" is 3.5 meters long and consists of 7 samples which average 1.78 g/t Au over the full width. The highest value obtained in this section was 5.59g/t Au.

Analyses done on channels A and B were done at ALS-Chemex Laboratories of Val d'Or by fusion of a 30g sample followed by atomic absorption measurement and finally, for samples obtaining greater than 1000ppm, assay by standard gravimetric methods. The remaining channels were analysed by Laboratoires Experts of Rouyn-Noranda using the same procedures. Analyses done on channels A, B and C were repeated at TechniLab of Ste-Germaine de Boule using the same procedures as above, with an additional repeat metallic sieve procedure of ten samples to evaluate possible "nugget effect" of coarse gold. There was no appreciable difference in the results obtained by both analytical methods used on these samples.

The program was conducted under the supervision of Antoine Fournier, P. Geo., a qualified person under the National Instrument 43-101. This news release and been prepared under the supervision of Antoine Fournier, a technical adviser of the company.

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

Contact Information

  • Jourdan Resources Inc.
    Marc Labrecque
    Director
    819-856-3598
    819-825-6316 (FAX)