Satori and Jourdan Expand the Picnic Phosphate Property near Port Cartier Quebec
![Satori and Jourdan Expand the Picnic Phosphate Property near Port Cartier Quebec](https://www.goldseiten.de/media/goldseiten-news.jpg)
- 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, Ontario--(Newsfile Corp. - May 7, 2014) - Jourdan Resources Inc. (TSXV: JOR) ("JOURDAN") (www.jourdan.ca) and SATORI RESOURCES INC. (TSXV: 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 | |
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