ElanOre Resources sends spodumene concentrate sample to Fancy Mining Industry Co., Ltd.
Toronto - Jourdan Resources Inc. (TSX-V: JOR) (“JOURDAN” or the “Company”) (www.jourdan.ca) is pleased to announce ElanOre Resources Inc. (“ElanOre”), a Canadian private company in which Jourdan holds 6 million shares (24.9%) has shipped a concentrate sample to Fancy Mining Industry Co., Ltd (“Fancy”) for testing.On August 22, 2013, Jourdan announced that it had optioned to ElanOre its Vallée Lithium Property, composed of 17 claims, located 100 km northeast of Rouyn-Noranda and 45 km north of Val d’Or, in the Province of Quebec, Canada. On November 6, 2014, Jourdan announced the agreement between ElanOre and Fancy naming ElanOre as the exclusive agent for Fancy Mining for all spodumene sourced from the province of Quebec, with Fancy Mining acting as exclusive agent for sales of spodumene from ElanOre to China, South East Asia, and India.
If Fancy reports positive test results and supply can be secured, orders of 150,000 tonnes of spodumene concentrate are expected to be traded as part of the agreement between ElanOre and Fancy.
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.
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:
Jourdan Resources Inc.
Michael Dehn, President and CEO
Tel: (647) 477-2382
Fax: (647) 477-2389
michael@jourdan.ca
Glen Wylie, CPA, CMA, CFO,
Tel: (647) 477-3758
Fax: (647) 477-2389
glen@jourdan.ca
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