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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
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 0 -

JOURDAN Update on the 3,000 Metre Winter Drilling Campaign at the 9 to 10 Million Pound Drucourt Uranium Zone on the Baie Johann

11/12/2009 12:01pm

Marketwired Canada


Jourdan Resources Inc. (TSX VENTURE:JRN) ("JOURDAN" or the "Company")
(www.jourdan.ca) wishes to update shareholders on the progress of the Company's
3,000 m winter diamond drill campaign at the Company's prospective Drucourt
Uranium Zone on the Baie Johann-Beetz Property (the "Property"), located 25 km
due east-northeast of the community of Baie Johann-Beetz along Provincial
Highway #138 linking Montreal to Natashquan (Quebec).


Highlights:

- Jourdan has now completed a 5 km winter access road from Provincial Highway
#138 to the South Claim Block of the Property that also included access to the
main drill sites located in the area of the Potential Resources;


- the construction of an on-site core logging facility; and

- the drill, drilling equipment and fuels are now mobilized to the site, and the
drilling should start in early January 2010.


Funds have already been raised (refer to the Company news release date October
22, 2009) to complete the entire winter drilling campaign.


The Baie Johann-Beetz Uranium Property

The Property consists of 32 mining claims, including the original 8 claim North
and South Claim Blocks, totaling 1,800 hectares (18 km2). The South and North
Claim Blocks are located 5 km and 8 km north-northeast of Kilometre 1312 on
Provincial Highway #138. Historic trenching and shallow diamond drilling on the
Property to a maximum -50 m depth in the 1960's and 1970's identified two 500 m
long Uranium corridor, one of which the Drucourt Zone contains between of 17 to
18 million tonnes grading 0.024 to 0.026% (0.48 to 0.52 lbs/ton) U3O8 for 9 to
10 million pounds of U3O8 in Potential Resources (Minorex, 2006). Potential
Resources outline the potential quantity and grade of the mineralization. It is
not a recognized Mineral Resources category; it is conceptual in nature, and
should only be considered has an indication of the uranium mineralization. There
has been insufficient exploration to define a mineral resource and it is
uncertain if further exploration will result in the discovery of a mineral
resource. A Qualified Person has not done sufficient work to classify the
mineral resource estimates as current mineral resources.


The Property is strategically situated within the Lower North Shore Uranium Belt
of Quebec,  a major Uranium bearing corridor that also hosts Uracan Resources
Inc. (TSX VENTURE:URC) ("Uracan") North Shore Uranium Project. Uracan has
already outlined current Inferred Mineral Resources of 154.9 million tonnes at
an average grade of 0.012% (0.24 lbs/ton) U3O8 for 40 million pounds of U3O8 in
the "Middle" and "TJ" Zones (www.sedar.com). The Property is enclosed by
Uracan's North Uranium Shore Property with the "Middle" and "TJ" Zones located
28 km to the west.


JOURDAN's strategy is focused on proving up higher quality Uranium resources on
the Property, as it initially aims at validating and doubling the current 9 to
10 million pounds of U3O8 to at least 20 million in National Instrument ("NI")
43-101 compliant Mineral Resources, and if successful eventually delineate the
Uranium mineralization over the multi-kilometric trend as a high tonnage, low
grade Uranium mineral resource.


The 3,000 m initial winter drilling campaign on the Property consists of (1)
twinning of 1970's vintage drill holes within the original 500 m strike length
of the Drucourt Zone to confirm and validate historic grades and continuity; and
(2) extending the Drucourt Zone mineralization over an initial 2,000 m strike
length.


About Jourdan Resources Inc.

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 bulk mineable industrial metals
(such as Uranium and REE's) sectors of eastern Canada. All of the Company's
properties are currently at the exploration stage in Quebec's North Shore and
Mauricie regions.


Visit the Company's website at www.jourdan.ca. You can download Jourdan's
Corporate Summary from www.jourdan.ca/jrn.pdf.


The technical information in this news release was prepared, by Mr. Jean
Lafleur, M. Sc., P. Geo., Senior Technical Consultant to JOURDAN. Mr. Emilien
Seguin, President of JOURDAN, approved the content of this news release. Both
individuals are Qualified Persons under NI 43-101 regulations.


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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