Jourdan Acquires Lac Catherine Phosphate Property and Issues Shares for Debt

* 100% interest in 34-claim, 19 sq. km Lac Catherine Property, no royalties

* Previous mapping by the Quebec Department of Natural Resources, Geological Surveys Branch demonstrates 4 km of surface exposure of the "Magnetic Pyrite-Apatite Diorite"

* The property was recently held by Argex Titanium as part of the Lac Brule Property

* Jourdan interpretation of published geophysical data by the Ministry of Natural Resources, Quebec and Argex Mining demonstrate that the mineralization may run 12km along strike - extending the mapped "Magnetic Pyrite-Apatite Diorite" strike by 8km.

* A road-cut located at Lac Catherine is exposes on surface "at least 1.25 km long by 120 m wide" zone with 5 to 20% apatite.



Toronto (Canada), October 7, 2013: Jourdan Resources Inc. (TSX-V: JOR) ("JOURDAN" or the "Company") (www.jourdan.ca)is pleased to announce that it has acquired 100% interest in the 19 square kilometre Lac Catherine Phosphate Property (or "Property", "Lac Catherine"), composed of 34 claims. The Property is located 35 km west of Labrieville, 30 km south of Jourdan's Dissimieux Lake Phosphate Property, 55 km southeast of Jourdan's Jazz Phosphate Property and 40 km north of Jourdan's Cache Phosphate Property, in the Province of Quebec, Canada.

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 Lac Catherine Phosphate Property covers a belt of gabbroic rocks rich in apatite (phosphate) and pyrite, along the western margin of the Labrieville anorthosite intrusive complex which host Argex Titanium's Lac Brule deposit that has a reported historical resource estimate of 3.87 million tonnes grading 30-35% TiO2 (source http://www.argex.ca/properties/lac-brule/). The band of gabbroic rocks on the Lac Catherine Phosphate Property has been mapped for more than 4km on surface and have been interpreted from geophysics to have an approximate strike length of 12.6 km from geophysical interpretation.

The advantage of the Lac Catherine Property, when compared to other occurrences of phosphate, is the logistical access. The exposure near Lac Catherine on the Property is in a road-cut, where the exposure is "at least 1.25km long by 120m wide" with 5 to 20% apatite (reported by Natural Resources Quebec's Sigeom for the Lac Catherine non-metallic deposit, discovered in 1961. (See Map 3)).

"The continued success of our summer regional targeting program on acquiring key phosphate properties in close proximity to our Jazz and Dissimieux Lake Phosphate Properties builds on our strategy to develop the largest phosphate resources outside of Morocco.  The Lac Catherine project is the second phosphate property completely compiled and staked by Jourdan" states Michael Dehn, Jourdan's President and CEO.  "The Lac Catherine Phosphate Property supplements our Jazz, Dissimieux Lake and Cache Phosphate Properties, moving Jourdan one step closer to our goal of becoming the dominate phosphate exploration company in Quebec."

The most recent published geochemical data from the property was published in 2002 by the Quebec Ministry of Natural Resources and published on the E-Sigeom. Sample 2001039117 was collected in 2001 and reported in the table below, and was collected within the boundaries of what is now Jourdan's Lac Catherine Phosphate Property.

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  Sample     Easting   Northing   P2O5  TiO2   Fe2O3t      V
            (UTM Z19)  (UTM Z19)   (%)   (%)     (%)     (ppm)
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2001039117    418391   5471049    3.15   8.94   41.00     796
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The following maps show the location of Jourdan's Lac Catherine Phosphate Property relative to its other phosphate projects in Quebec, as well as major population centers:


Map 1. Jourdan Resources' Phosphate Property Locations, Quebec
http://jourdan.ca/pdf/20131007MAP1.pdf

Map 2. Jourdan Resources' Lac Catherine Phosphate Property detailed claim location on airborne magnetics showing the location of mapped "Magnetic Pyrite-Apatite Diorite"
http://jourdan.ca/pdf/20131007MAP2.pdf


Map 3. Jourdan Resources' Catherine Lake Phosphate Property Sample Location Map
http://jourdan.ca/pdf/20131007MAP3.pdf


The Company also announces that the TSX Venture Exchange has conditionally accepted the Company's notice for filing in connection with shares for debt agreements with an officer of the Company and a company controlled by officers of the Company, to settle an aggregate of $49,675 of debt through the issuance of 993,500 Shares at a deemed price of $0.05 (the "Shares for Debt").

The Shares for Debt was completed to reduce the accounts payable including outstanding management fees and cash advances in accordance with the TSXV policies which limits management fees settlements to $2,500 per month.  All of the Shares issued in connection with the Shares for Debt are subject to a four month "hold period" and the resale rules of applicable securities legislation.

The shares were issued on September 30, 2013 and $49,675 of the debt has been extinguished.  The full amount of the underlying debt as of the date of the Shares for Debt was $154,514.40.  The Company has undertaken to not settle the unconverted balance ($104,839.40) in shares.

The issuance of Shares pursuant to the Shares for Debt will each be considered a "related party transaction" as defined in Multilateral Instrument 61-101 - Protection of Minority Security holders in Special Transactions ("MI 61-101"). Jourdan is relying on exemptions from the requirements of Multilateral Instrument 61-101, as adopted by TSXV Exchange Policy 5.9.

A material change report in respect of this Shares for Debt was not filed at least 21 days in advance of the date for closing of the Transaction. Jourdan believes a shorter period between this disclosure and the closing of the Shares for Debt was reasonable and necessary because of its need to satisfy its outstanding debts in a timely manner.

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 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,              CFO
Jourdan Resources Inc.         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/JourdanOct72013.pdf




Source: Jourdan Resources Inc. (TSXV: JOR)  http://www.jourdan.ca
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