Jourdan Releases Results of 2011 Reconnaissance Grab Samples from Jazz Phosphate Property

Jourdan Releases Results of 2011 Reconnaissance Grab Samples from Jazz Phosphate Property

NOT FOR DISTRIBUTION TO U.S. NEWSWIRE OR FOR DISSEMINATION IN THE UNITED STATES

* 31 Samples collected prior to option by Jourdan
* Assays of 13.195% and 8.187% P205
* Mineralization occurs in several areas of the property

Mississauga, Ontario CANADA, June 18, 2012 /FSC/ - Jourdan Resources Inc. (JOR - TSX Venture), ("JOURDAN" or the "Company") (www.jourdan.ca) is pleased to report the results of reconnaissance grab samples collected on its 100% controlled Jazz Phosphate Property (the "Property") located approximately  200 km west-northwest of the Upper North Shore port community of Baie-Comeau (Quebec), 40 km west of JOURDAN's Lac Dissimieux Phosphate Project, and sits contiguous to the south of the Lac a Paul Phosphate Deposit, where Arianne Resources recently completed a prefeasibility study for open-pit mining operations. The study projected an annual production rate of two million tonnes of 39% P2O5 apatite concentrate over a 25 year open-pit mine life with a forecasted net present value of $649-million and an internal rate of return (IRR) just under 20%.

A total of 30 reconnaissance grab samples were collected by prospectors in 2011 under the supervision of Christian Tremblay, P Geo., who had no direct interest in the Property upon completion of the work, prior to the acquisition of the claims by Jourdan. The results of these samples were included in a report "Rapport des activites de prospection sur la propriete Apa-ti realises le 17 et 18 juillet 2011 par le groupe de prospecteurs " by Christian Tremblay, P. Geo., dated November 1, 2011. Grab samples are selective by nature and are unlikely to represent average grades of the deposit.

The report outlines the grab sample result highlights, including:

Sample H902375 with 13.195% P2O5
Sample H902377 with 8.187% P2O5
Sample H902379 with 7.812% P2O5

"The results from the Jazz Phosphate Property from work completed last year, along with the ongoing success and enhanced prefeasibility results from Arianne Resources Paul Lake Project, adjacent to Jazz, continues to demonstrate the region has the potential to be a material source of phosphate for the fertilizer market" states Jourdan's President and CEO Michael Dehn.


Results for the 30 reconnaissance grab samples that were collected in 2011 are listed below:

-***-
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SAMPLE    P2O5   TiO2    Fe2O3   Easting  Northing
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H902361  4.251   5.76    22.23    377106  5510986
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H902362  1.549   2.6     17.79    377013  5511100
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H902363  1.491   0.43    40.77    377014  5511151
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H902365  0.077   3.1     10.24    376986  5511351
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H902366  1.387  12.86    46.19    376997  5511397
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H902367  1.665   1.61    7.64     376713  5511383
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H902368  0.148  13.86    59.9     376508  5511140
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H902369  2.545   3.93    12.56    376398  5511143
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H902370  0.445   2.11    16.68    376511  5511348
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H902371  0.591   1.01     7.6     376727  5511228
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H902372  2.441   5.59    17.51    376670  5511466
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H902373  3.663   4.11    13.9     376553  5511218
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H902374  2.386  12.29    53.54    376502  5511184
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H902375 13.195  10.83    40.25    376402  5511145
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H902376  3.451   3.53    18.52    376402  5511145
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H902377  8.187  15.72    54.01    376402  5511145
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H902378  0.248  18.78    25.58    376137  5511381
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H902379  7.812   9.42    31.57    379548  5510621
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H902380  4.725   7.28    27.98    379886  5510844
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H902381  3.419   4.09    15.58    380620  5511302
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H902382  2.61    3.04    12.27    378166  5510227
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H902383  2.743   3.4     13.31    378160  5510236
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H902384  2.707   3.17    11.97    378151  5510239
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H902385  2.801   3.06    12.42    378145  5510238
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H902386  2.683   3.33    13.78    378150  5510240
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H902389  2.726   1.65    7.65     381718  5511677
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H902390  2.028   2.36    9.93     377008  5511302
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H902391  2.344   2.9     11.1     381217  5511598
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H902392  2.238   2.29    9.51     381217  5511598
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H902393  1.961   2.26    10.52    381217  5511598
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                                 UTM NAD83 Zone 19
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-****-

The samples were submitted to ALS- Chemex (office location) and analysed using the Whole Rock Geochemistry package ME-XRF06.

The technical information in this news release was approved by Mr. Jean Lafleur, M. Sc. P. Geo, a Consultant to Jourdan Resources, and a Qualified Person under NI 43-101 regulations.

About the Jazz Project

The wholly owned Jazz Phosphate Property is total of 50 claims (2,774 hectares) acquired from several prospectors, adjacent to the Paul Lake Advanced Stage Phosphate Project, on which Arianne Resources Inc. recently released the results of the Enhanced Prefeasibility Study for open-pit mining operations at the Paul and Manouane Zones. The Study projects an Annual Production rate of 3 million tonnes of 39% P2O5 apatite concentrate, with a low strip ratio of 0.83:1, a 17-year mine life at an average selling price of $175/t, with a forecast NPV of $1 billion and an Internal Rate of Return (IRR) of 24%.

About Jourdan Resources

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. The Company's properties are currently at the exploration stage and are located along the North Shore, the Mauricie, the Abitibi and James Bay regions of Quebec.

Please visit the Company's website at www.jourdan.ca

For further information please contact:

Michael Dehn
President and CEO
Tel: (647) 477-2382
Fax: (647) 477-2389
michael@jourdan.ca


Glen Wylie, CMA
CFO
Tel: (647) 477-3758
Fax: (647) 477-2389
glen@jourdan.ca


Cautionary Note Regarding Forward-Looking Statements

Certain statements contained in this news release, including any information as to our strategy, projects, plans or future financial or operating performance and other statements that express management's expectations or estimates of future performance, may constitute forward-looking information (collectively "forward-looking information") within the meaning of Canadian securities laws. Forward-looking information may be identified by terminology such as "may", "will", "could", "should", "expect", "plan", "anticipate", "believe", "intend", "estimate", "projects", "predict", "potential", "continue" or other similar expressions concerning matters that are not historical facts and include, but are not limited to, resource estimates, capital and operating expenditures, economic conditions, availability of sufficient financing, receipt of approvals, satisfaction of closing conditions and any and all other timing, development, operational, financial, economic, legal, regulatory and/or political factors that may influence future events or conditions. Such forward-looking statements are based on a number of material factors and assumptions, including, but not limited to, access to capital markets and other sources of financing and associated cost of funds, final receipt of any required approvals, sufficient working capital for development and operations, access to adequate services and supplies, availability of markets for products, commodity prices, foreign currency exchange rates, interest rates, availability of a qualified work force, availability of manufacturing equipment, no material changes to the tax and regulatory regime, the ultimate ability to execute business plans on economically favourable terms and those material factors and assumptions disclosed in other public filings of Jourdan Resources.

While we consider these assumptions to be reasonable based on information currently available to us, they may prove to be incorrect. Actual results may vary from such forward-looking information for a variety of reasons, including but not limited to, risks and uncertainties disclosed in other public Jourdan Resources filings, changes in general economic, market and business conditions, competition for, among other things, capital and skilled personnel, and other unforeseen events or circumstances, that may cause the actual financial results, performance or achievements of the Company to be materially different from estimated future results, performance or achievements expressed or implied by the forward-looking statements. Copies of the Company's public filings under applicable Canadian securities laws are available at www.sedar.com. The Company further cautions that information contained on, or accessible through, this website is current only as of the date of filing such information and may be superseded by subsequent events or filings. Other than as required by law, Jourdan Resources does not intend, and undertakes no obligation, to update any forward looking information to reflect, among other things, new information or future events.

Although the Company believes many of its properties have promising potential, its properties are in the early stages of exploration. None have yet been shown to contain proven or probable mineral reserves. There can be no assurance that such reserves will be identified on any property, or that, if identified, any mineralization may be economically extracted.

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release. Statements in this release that are not historic facts are "forward-looking statements" and readers are cautioned that any such statements are not guarantees of future performance, and that actual developments or results, may vary materially from those in these "forward-looking statements.

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Source: Jourdan Resources Inc. (TSXV: JOR)  http://www.jourdan.ca
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