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JRN Jourdan Resources Inc.

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Share Name Share Symbol Market Type
Jourdan Resources Inc. TSXV:JRN TSX Venture Common Stock
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JOURDAN Commences Exploration at the Pivert-Stairs Rare Metals Property Contiguous to and Within First Gold Exploration's Pivert

29/09/2010 3:49pm

Marketwired Canada


JOURDAN RESOURCES INC. (TSX VENTURE:JRN) ("JOURDAN" or the "Company") is pleased
to announce the start of the 2010 exploration campaign at the Company's 93
claims / 49.5 km(2) Pivert-Stairs Rare Metals Property (the "Property"). The
Property is contiguous to and within First Gold Exploration's Pivert/Rose Rare
Metals Property where recent work outlined significant quantities of the Rare
Metals Lithium, Rubidium, Tantalum, Beryllium, Niobium and Gallium, in the James
Bay Mining District, located due south of the community of La Grande (Quebec).


The exploration campaign will initially consist of compiling and synthesizing
the historic and current work on the Property and surroundings that will include
incorporating regional airborne and ground geophysical surveys to better
identify the 12+ km long Pivert Rare Metals Corridor, and surface prospecting to
identify surface Lithium and other Rare Metals mineralization. If the results
are favourable, diamond drilling will follow to delineate the potential size of
the Rare Metals mineralization. 


JOURDAN's Pivert-Stairs Rare Metals Property and the Pivert Rare Metals Corridor

JOURDAN holds 93 claims for 4,948 hectares or 49.5 km(2) covering 12+ km in
length of the prospective Pivert Rare Metals Corridor (refer to the appended
location map). The Property sits less than 5 km from the Eastmain-1
Hydroelectric facility where substantial infrastructure exists. There is an
access road to within 500 m of the Lac Pivert East #1 and #2 and Lac Pivert West
Claim Blocks. A north-south hydro line straddles the Lac Pivert West Claim
Block. 


The Property consist of the Pivert East #2 Claim Block (12 claims; 636 hectares
for 6.4 km(2)) immediately contiguous and less than 1 kilometre to the northeast
of the First Gold Exploration (TSX-V: EFG) ("First Gold") Lac Pivert Lithium
Showing on First Gold's Pivert/Rose Rare Metals Property; the Lac Pivert West
Claim Block (2 claims; 106 hectares for 1.1 km(2)) between First Gold's Lac
Pivert Lithium and 2.5 kilometres from their new Rose Lithium-Rubidium
Discovery; the Stairs Claim Block (43 claims; 2,282 hectares for 22.8 km(2))
immediately contiguous to the southwest of First Gold's Rose Lithium-Rubidium
Discovery; and the Pivert East #1 Claim Block (36 claims; 1,924 hectares for
19.2 km(2)) immediately contiguous to and northeast of the Pivert East #2 Claim
Block. The Property is easily accessible via an extensive road and trail
network. 


First Gold previously announced surface sampling and diamond drilling results
(on adjacent claims) with significant quantities of the Rare Metals Lithium,
Rubidium, Tantalum, Beryllium, Niobium, Cesium and Gallium. Surface grab
sampling yielded 4.6% Li2O, 390 g/t Rubidium, 1.4 g/t Tantalum, 67.7 g/t
Niobium, 106.5 g/t Gallium, 90 g/t Beryllium (#430917); and in drilling up to
21.45 m (true width) yielding 1.22% Li2O, 2,983 g/r Rubidium, 206 g/t Ta2O5, 139
g/t Beryllium, 117 g/t Cesium and 78 g/t Gallium (LR-10-75). Mineralization
occurs at surface in near horizontal spodumene-bearing intrusives. The company
recently announced the discovery of additional showings and is slated to release
compliant Mineral Resources for their property by year end
(www.firstgoldexploration.com). 


Earlier work by the Ministere des ressources naturelles et de la faune Quebec
(Boisvert, 1989) describes the Property area as containing irregular but
generally continuous lenses of pegmatites within the host biotite schists.
Individual pegmatites can attain up to 60 m in width and more than 100 m in
length, collectively forming part of a much larger bodies having kilometric
lengths and widths up to 300 m. Additional work uncovered a number of Lithium
showings in the region with a similar metallogenic context to Lithium One's Cyr
Lithium Property and First Gold's Pivert/Rose Rare Metals Property, where
irregular but generally continuous spodumene (a lithium bearing aluminum
silicate) bearing pegmatites occur. 


Historical work on Cyr Lithium Property has demonstrated significant Lithium
potential, identifying a resource potential(i) of 12 million tonnes (45,000 m(2)
by 100 m deep) grading 1.7% Li2O (www.lithium1.com). A resource potential
estimate should not be relied on and is not considered National Instrument
("NI") 43-101 compliant. A Qualified Person has not reviewed and evaluated the
resource potential to outline NI 43-101 Mineral Resources. It is uncertain that
any future exploration and development work will result in any of the resource
potential to be considered as NI 43-101 Mineral Resources. A resource potential
estimate should only be considered as an indication of mineralization.


About Jourdan Resources

Jourdan Resources Inc. is a Canadian junior mining exploration company trading
under the symbol JRN on the TSX Venture Exchange. The Company is focused on the
acquisition, exploration, production, development and if, as the case may be,
the operation of mining properties in strategic Uranium and Rare Metals or High
Technology Metals ("HTM's") sectors of eastern Canada. The Company's properties
are currently at the exploration stage along the Lower North Shore, the Mauricie
and now the James Bay regions of Quebec. 


The technical information in this news release was approved by Mr. Jean Lafleur,
M. Sc., P. Geo., Technical Advisor to the President and CEO of JOURDAN, and a
Qualified Person under NI 43-101 regulations. 


Please visit the Company's website at www.jourdan.ca, and you can also download
Jourdan's Corporate Summary at www.jourdan.ca/jrn.pdf.


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. 


To view the location map of JOURDAN Resources Inc.'s Pivert-Stairs Rare Metals
Property in the James Bay Mining District of northern Quebec, please visit the
following link: http://media3.marketwire.com/docs/jourdan_map_0929.pdf


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