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Jourdan Acquires 100% of Hache Phosphate Property, Near Saguenay, Quebec
Jourdan Acquires 100% of Hache Phosphate Property, Near Saguenay, Quebec * 100% interest in ...
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[{"type":"text","content":"Jourdan Acquires 100% of Hache Phosphate Property, Near Saguenay, QuebecJourdan Acquires 100% of Hache Phosphate Property, Near Saguenay, Quebec\n* 100% interest in 155-claim, 87 sq. km Hache Phosphate Property, no royalties \n* Main claim block contiguous with the Moose Lake Project of Glen Eagle Resources\n* Hache Property is claims are located 10 km due west and 12 km due east of La Hache-Est Property with historic resource of 20.32 Mt at 5.21% P2O5, 24.75% Fe and 5.12% TiO2\nVal d'Or, Quebec CANADA, October 31, 2013 /FSC/ - Jourdan Resources Inc. (JOR - TSX Venture),(\"JOURDAN\" or the \"Company\") (www.jourdan.ca) is pleased to announce that it has acquired 100% interest in the 87  square kilometre Hache Phosphate Property (or, \"Hache\"), composed of 155 claims and located 500 km north the town of Saguenay, 20 km west of Jourdan's Cache Phosphate Property, and contiguous with Glen Eagle Resources Moose Lake Property in the Province of Quebec, Canada. The Hache Phosphate Property is10km due west and 12 km due east of the La Hache-Est historic resource (see Map 1).\nTo acquire the Hache Phosphate Property, Jourdan will issue 600,000 shares within 5 days of the TSX Venture Exchange's approval. No additional consideration is being paid for the acquisition, and there are no royalties on the properties.\nThe Hache Phosphate Properties are 10 km due west and 12 km due east of the La Hache-Est historic resource (see Map 1). The La Hache-Est historic resource (Source: Sigeom - La Hache-Est non-metallic mineral deposit and GM 23170 (Nov 1 1968) Soquem Rapport des Travaux, Explorations Terre Nova Ltee Project 13-778-01 La Hache-Est) is reported as 20.32 million tonnes containing 24.75% Fe, 5.15% Ti and 5.21% P2O5. This project was originally looked at as a potential source of iron ore, and at the time had not been considered for its potential for phosphate or titanium. \nMap 1: Jourdan Resources' Hache Phosphate Property, Quebec\nhttp://jourdan.ca/pdf/20131031MAP1.pdf\nThe northeast claims of the Hache Phosphate Property are contiguous with the Moose Lake Project of Glen Eagle Resources, with part of the Hache Phosphate Property surrounded by the Moose Lake Project claims on the north, east and south. The Hache Phosphate Property is within 5 km of the drilling on the Lac Original Zone on the Moose Lake Project. Previous sig...