Jourdan Resources Inc.
TSX VENTURE : JOR

Jourdan Resources Inc.

November 07, 2011 07:30 ET

Jourdan Increases Dissimieux Lake Phosphate Project by Claim Staking

MONTREAL, CANADA--(Marketwire - Nov. 7, 2011) -

NOT FOR DISTRIBUTION TO U.S. NEWSWIRE OR FOR DISSEMINATION IN THE UNITED STATES

  • The area of the Dissimieux Lake Phosphate Project has increased in size by 520% in order to cover the extensions of the phosphate mineralized horizons
  • Mineralization appears to trend north-northeast to south-southwest and new claims follow this trend for more than 16 km

JOURDAN RESOURCES INC. (TSX VENTURE:JOR) ("JOURDAN" or the "Company") is pleased to announce it has, through staking, increased the size of the Dissimieux Lake Phosphate Project ("Dissimieux") from 8.30 km2 to 51.50 km2. JOURDAN has received the Ministère des ressources naturelles et de la faune Québec claim registration certificates for 40 claims totalling 43.20 km2 that are contiguous to the JOURDAN's original Dissimieux claim block.

The recently staked 40 claim unit is all tied to previously identified mineralization and interpretations of geology and geophysics. The mineralized zones, historically discovered at Dissimieux by JOURDAN's former President and CEO, and current Director, Émilien Seguin, were identified on surface for approximately 4 km along strike in three parallel zones. Work continues to trace these zones along strike to the north-northeast and south-southwest onto the recently staked 40 claim unit with initial assays results to be released in the near future.

A map showing the location of the original Dissimieux claim block and the recently staked 40 claim unit is available at http://64.64.12.20/~jourdan/map.pdf.

The technical information in this news release was approved by Mr. Jean Lafleur, M. Sc. P. Geo, a mineral exploration consultant to JOURDAN, and a Qualified Person under NI 43-101 regulations.

About Jourdan Resources

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 and Rare Metals or High Technology Metals ("HTMs") sectors of eastern Canada. The Company's properties are currently at the exploration stage and are located along the North Shore, the Mauricie, the Abitibi and James Bay regions of Quebec.

Please visit the Company's website at www.jourdan.ca

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 statements.

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