Québec Phosphate Projects Hitting New Milestones; Jourdan Strategically Positioned

- Jourdan’s West Arnaud claims are located 16 km due west of Yara International ASA and Investissement Québec’s Mine Arnaud that just received the provincial approval

- West Arnaud historical samples up to 6.53 % P2O5 and 11.44% TiO2

- Jourdan’s Jazz and Dissimieux Lake Properties are adjacent to and 50 km east of Arianne Phosphate’s Lac A Paul Property

- Arrianne Phosphate recently produced a test phosphate concentrate of 40.0% P2O5, comparable with testing at Dissimieux Lake which produced 41.2% P2O5.


Mississauga, Ontario - Jourdan Resources Inc. (TSX-V: JOR) (“JOURDAN” or the “Company”) (www.jourdan.ca) extends congratulations to Yara International ASA and Investissement Québec on receiving provincial approval on Monday, March 16, 2015 for the Mine Arnaud phosphate project in Sept-Iles, Quebec. Mine Arnaud is located 16 km east of Jourdan Resources 100% owned West Arnaud Phosphate Property (or, “West Arnaud”). The West Arnaud Phosphate Property is within 10 km of Hydro Québec’s power line grid and highways. An active rail line is within 20 km due east of the West Arnaud Phosphate Property (see Map 1).

Québec’s Provincial Environment Minister David Heurtel is giving the green light to the $750 million Mine Arnaud project near Sept-Îles. Minister Heurtel made the announcement Monday in Sept-Îles, with Québec’s Natural Resources Minister Pierre Arcand and Québec’s minister responsible for mines, Luc Blanchette. The construction of the mine is expected to create between 800 and 1,000 jobs, and regular operation of the mine is expected to employ about 300 people. Construction is set to begin in January 2016 and take approximately two years.

The West Arnaud Phosphate Property was staked based on the compilation of results from the Cote-Nord-Saguenay project Québec MNRF compiled in 1985. Results from this study ranged from 1.86% P2O5 to 6.53% P2O5 and are shown below. For a comparison in P2O5 grade, at Mine Arnaud (owned by Yara International ASA and Investissement Québec), reported in the July 24, 2013 SGS Canada report entitled “Mine Arnaud – Pre-Feasibility Study – Final Technical Report – Rev. 01” reported a NI 43-101 compliant mineral resource of 370.87 Mt in the measured category with an average grade of 4.16% P2O5, 110.87 Mt in the indicated category with an average grade of 4.24% P2O5, and 42.76 Mt in the inferred category with an average grade of 3.52% P2O5.

Map 1: Jourdan Resources’ West Arnaud Phosphate Property, Québec
http://jourdan.ca/pdf/20150319MAP1.pdf

Jourdan would also like to congratulate Arianne Phosphate for the higher grade and higher quality phosphate concentrate testing on ore from the Lac A Paul project, also announced on Monday, March 16, 2015. In the press release, a trial produced 1.2 tonnes of phosphate concentrate with a grade of 40.0% P2O5 and 0.03% of contaminants. Arianne announced on February 18, 2015, a new 43-101 mineral resource estimate on the Paul Zone totalling 702.7 million tonnes at 7.16% P2O5 with a 4.0% P2O5 cut-off grade in the measured and indicated category. Jourdan’s Jazz phosphate property is contiguous with Arianne Phosphate’s Lac A Paul project. Jourdan’s Dissimieux Lake Project is 50 km east of Arianne Phosphate’s Lac A Paul project.

At Dissimieux Lake, Lakefield Research of Canada Ltd. (“Lakefield”) (1997, in GM 54867; 1998, in GM 56490), COREM (2000, in GM 58571) and Lakefield (2000, in GM 58570) assessed the feasibility of concentrating the titanium and phosphate. Lakefield achieved recoveries of 92% of the apatite to produce a concentrate at 41.2% P2O5, and recovered 62.5% of the ilmenite to produce a concentrate at 48.1% TiO2 from a sample containing 3.5% P2O5 and 5.4% TiO2. It was concluded at the time that the higher the TiO2 and P2O5 grades in rocks, the higher the recoveries in concentrates. (Previously reported in press release dated May 6, 2010). The ability to produce a concentrate of 41.2% P2O5 from Dissimieux Lake compares well with the 40.0% P2O5 concentrate produced in a larger scale test by Arianne Phosphate from the Paul Zone, approximately 50 km west of the Dissimieux Lake test sample.

“Québec is poised to become an important source of high grade, low impurity phosphate rock concentrate. The recent permitting success of Mine Arnaud, and technical success of Arianne Phosphate, demonstrate that Québec has the potential to become a viable source of phosphate rock concentrate” states Michael Dehn, President and CEO. This type of concentrate is the key ingredient used to produce high quality phosphoric acid and phosphate based granular fertilizers, the market for which is currently dominated by Foskor of South Africa, who produce a high quality phosphate concentrate from igneous rocks, similar to those found in Québec, unlike the sedimentary deposits being mined in the Middle East and North Africa.

Map 2: Jourdan Resources’ Quebec Phosphate Properties
http://jourdan.ca/pdf/20150319MAP2.pdf

Jourdan continues to target and consolidate low risk and high potential value phosphate properties along the north shore of the St. Lawrence River near Baie Comeau, Québec. The results reported by Arianne for its Lac A Paul Feasibility Study, as well The Mine Arnaud partnership owned by Investissement Québec (a Crown corporation), and Yara International ASA (a Norwegian company), demonstrate that large economic phosphate deposits in the region where Jourdan operates are not unique. In the map above, the location of the Mine Arnaud partnership as well as the Lac A Paul Property are displayed relative to the location of communities along the St. Lawrence River in Québec and Jourdan’s Québec phosphate projects.

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 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

Jourdan Resources Inc.
Glen Wylie, CPA, CMA
Tel: (647) 477-3758
Fax: (647) 477-2389
glen@jourdan.ca



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