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Jourdan Acquires 100% of West Arnaud Phosphate Property, Near Sept-Iles, Quebec
Jourdan Acquires 100% of West Arnaud Phosphate Property, Near Sept-Iles, Quebec * 100% inter...
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[{"type":"text","content":"Jourdan Acquires 100% of West Arnaud Phosphate Property, Near Sept-Iles, QuebecJourdan Acquires 100% of West Arnaud Phosphate Property, Near Sept-Iles, Quebec\n* 100% interest in 6-claim, 3.3 sq. km West Arnaud Phosphate Property, \n  no royalties \n* Historical samples up to 6.53 % P2O5  and 11.44% TiO2\n* West Arnaud claims are located 16 km due west of Yara International \n  ASA and Investissement Quebec's Mine Arnaud\nToronto (Canada), November 22, 2013: JOURDAN RESOURCES INC. (TSX-V: JOR) (\"JOURDAN\" or the \"Company\") (www.jourdan.ca)is pleased to announce that it has acquired 100% interest in the 3.3 square kilometre West Arnaud Phosphate Property (or, \"West Arnaud\"), composed of 6 claims and located 30 km west of the town of Sept-Iles and 16 km west of Yara International ASA and Investissement Quebec's Mine Arnaud. The West Arnaud Phosphate Property is within 10 km of Hydro Quebec'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).\nMap 1: Jourdan Resources' West Arnaud Phosphate Property, Quebec\nhttp://jourdan.ca/pdf/20131122MAP1.pdf \nThe West Arnaud Phosphate Property was staked based on the compilation of results from the Cote-Nord-Saguenay project Quebec MNRF compiled in 1985. Results from this study ranged from 1.86% P2O5 to 6.53% P2O5 and are shown below (see Table 1 and Map 2). For a comparison in P2O5 grade, at Mine Arnaud (owned by Yara International ASA and Investissement Quebec), 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.\nTable 1: Sample Results from the West Arnaud Phosphate Property (from Sigeom)\n-***-\n--------------------------------------------------\nSample          TiO2(%)   Fe2O3(%)   P2O5(%)\n--------------------------------------------------\n1985014692        5.14      36.03    ...