Satori and Jourdan Expand the Picnic Phosphate Property Near Port Cartier Quebec

* New claims have historic airborne geophysics by INCO
* Close proximity to and/or contiguous with existing Picnic Phosphate Property

* Excellent Infrastructure - new claims are closer to the highway and Port Cartier


Toronto (Canada), May 7, 2014: Jourdan Resources Inc. (TSX-V: JOR) ("JOURDAN") (www.jourdan.ca) and Satori Resources Inc. (TSX-V:BUD) ("SATORI") (www.satoriresources.ca); (together with Jourdan and Satori, the ("Parties")) are pleased to announce that they have staked seven additional claims, increasing the size of the strategic Picnic Phosphate Property (see Map 1).  The additional claims appear to have the same magnetic signature as seen on the original block of claims where historic phosphate and/or nickel-copper mineralization occurs (see Map 2). This mineralization appears to be found proximal to the magnetic highs. This staking brings the total number of claims at Picnic to 28, and increases the property size to 15.44 sq. km

Map 1: Satori-Jourdan Picnic Phosphate Property, Quebec
http://goo.gl/wyla9s

The geological and geochemical characteristics of the Riviere Pente-Cote Anorthosite (RPA) Complex that hosts the  Picnic Phosphate Property appear to be similar to that of the Sept-Iles Anorthosite Complex (SAC), a large, layered, unmetamorphosed, mafic intrusive suite of Cambrian age rocks that hosts the Mine Arnaud Project. The south-east edge of the SAC occurs 20 km east-north-east of the Picnic Phosphate Property. The Mine Arnaud Project covers approximately 3 km of strike length of the SAC. The Picnic Phosphate Property covers approximately 12 km of strike length of the RPA Complex.

Map 2: Satori-Jourdan Picnic Phosphate Property, Quebec On Inco Airborne Magnetics
http://goo.gl/U07jgI

The Picnic Phosphate Property now consists of 3 blocks of non-contiguous claims, following historical mineralization or similar magnetic signatures. One of the new blocks of claims ties on to the main highway in the area, and the two eastern most claim blocks have a gap where Hydro Quebec's main power line crosses the high magnetics (see Maps 2 and 3). Additional land was not staked where the companies considered there to be cultural significance, or where third parties already held claims.

Map 3: Satori-Jourdan Picnic Phosphate Property, Port Cartier, Quebec
http://goo.gl/RpBTfb

For more information on the Picnic Phosphate Property, please see the press releases issued by Jourdan on April 17, 2014 that can be found at http://goo.gl/iKZCdJ, and Satori and Jourdan on April 30, 2014 that can be found at http://goo.gl/SPlS68.

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 Satori Resources Inc.

Satori is a Toronto-based mineral exploration and development company whose primary property is the Tartan Lake Gold Mine Project (100% interest), located in the prolific Flin Flon Greenstone Belt, Manitoba. The Company is currently considering transactions in respect of the Tartan Lake Gold Mine, in addition to evaluating new project opportunities, both within the mining sector and others.
Please visit the Company's website at www.satoriresources.ca  


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 America.

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

For further information please contact:

Michael Dehn                                  Glen Wylie, CMA
President and CEO, Jourdan Resources Inc.     CFO, 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  

Jennifer Boyle, B.A., LL.B
President and CEO, Satori Resources Inc.
Tel: (647) 430.0966
Cell: (416) 904.2714
jennifer@capexgroupinc.com
                              
Neither 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 news release.

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.


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