JOURDAN ACQUIRES SAULT AU COCHONS PHOSPHATE PROPERTY FORESTVILLE, QUEBEC

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    NEWS RELEASE

    JOURDAN ACQUIRES SAULT AU COCHONS PHOSPHATE PROPERTYFORESTVILLE, QUEBEC

    100% interest in 28-claim, 15.7 sq. km Sault Au Cochons Phosphate Property, no royalties

    Government results of 3.37% to 4.25% P2O5

    Toronto (Canada), October 28, 2013: JOURDAN RESOURCES INC. (TSX-V: JOR) (JOURDAN orthe Company) (www.jourdan.ca) is pleased to announce that it has acquired 100% interest in the15.7 square kilometre Sault Au Cochons Phosphate Property (or, SAC), composed of 28 claims andlocated 100 km by road north northwest of Forestville, 50 km southwest of Jourdans Dissimieux LakePhosphate Property, and 35 km northeast of Jourdans Cache Phosphate Property, in the Province ofQubec, Canada. The SAC Phosphate Property is adjacent to Jourdans Lac Catherine PhosphateProperty.

    The property was staked by Jourdan following extensive compilation and targeting of prospectivegeological units along the St. Lawrence North Shore Region between Saguenay and Baie-Comeau, inproximity to Jourdans Jazz and Dissimieux Lake Phosphate Properties (See Map 1). The SACPhosphate Property covers lenses of oxide-apatite gabbronorite (OAGN) rich in iron, titanium and

    phosphorus (FTP). According to the Quebec Ministry of Natural Resources, The region shows strongmineral potential for iron-titanium oxide and apatite deposits associated with gabbronorites (SourceNatural Resources Quebec Report RP 2009-01(A)).

    RESOURCES

    RESSOURCES

    http://www.jourdan.ca/http://www.jourdan.ca/http://www.jourdan.ca/http://www.jourdan.ca/
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    Map 1: Jourdan Resources Phosphate Property Locations, Quebechttp://jourdan.ca/pdf20131028MAP1.pdf

    Sault Au Cochons contains lenses of OAGN. These lenses occur close to the border and inside theLabrieville Anorthosite (LBV) which is host to Argex Titaniums Lac Brl deposit. In the region thepreviously mapped lenses of OAGN have an approximate strike length of 20 km, and Jourdan hasacquired by staking approximately 15.2 km of these strong mineral potential lenses. There is 11.2 kmof strike length on the SAC Phosphate Property and 4 km of strike length has been traced on the LacCatherine Phosphate Property on surface (See Map 2).

    http://jourdan.ca/pdf20131028MAP1.pdfhttp://jourdan.ca/pdf20131028MAP1.pdfhttp://jourdan.ca/pdf20131028MAP1.pdf
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    Map 2: Jourdan Resources Lac Catherine and Sault Au Cochons Phosphate Properties proximity toeach other with simplified geology map (Owens and Dymek (2001): Petrogenesis of the Labrieville

    Alkalic Anorthosite Massif, Grenville Province, Quebec)http://jourdan.ca/pdf/20131028MAP2.pdf

    On Thursday October 24, 2013, Arianna Phosphate released the results of its Lac A Paul FeasibilityStudy:

    A Net Present Value of US$ 1,910.1 million at an 8% discount rate, an Internal Rate of Return of20.7% with a capital payback of 4.4 years before taxes and mining duties. The mine life estimate is25.75 years (excluding pre-production) with an average annual phosphate concentrate production of 3million tonnes with a grade of 38.6% P2O5 and with average mill recovery of 90.0%.

    Jourdan continues to target and consolidate low risk and high potential value phosphate propertiesalong the north shore of the St. Lawrence River near Baie Comeau, Quebec. The results reported by

    Arianne for its Lac A Paul Feasibility Study, as well The Mine Arnaud partnership owned byInvestissement Qubec (a Crown corporation), and Yara International ASA (a Norwegian company),demonstrate that large economic phosphate deposits in the region where Jourdan operates is not aunique occurrence. In the map below, the location of the Mine Arnaud partnership as well as the Lac

    A Paul Property are displayed relative to the location of communities along the St. Lawrence River inQuebec and Jourdans Quebec phosphate projects.

    http://jourdan.ca/pdf/20131028MAP2.pdfhttp://jourdan.ca/pdf/20131028MAP2.pdfhttp://jourdan.ca/pdf/20131028MAP2.pdf
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    Map 3: Major Phosphate Players in Quebec

    http://jourdan.ca/pdf/20131028MAP3.pdf

    Samples collected by the Ministry of Natural Resources, Quebec, from Sigeom, show surface grab

    samples with results ranging from 3.37% to 4.25% P2O5 (Tables 1, below and Map 4, below). These

    samples were collected over an approximate 4km strike length. The samples appear to correlate withthe OAGN rocks that appear on simplified geology map. Map 2.

    Table 1: Assays from Sigeom

    Sample Fe2O3t(%)

    TiO2(%)

    P2O5(%)

    2007045649 24.58 7.31 4.25

    2007045654 27.04 6.56 3.64

    2007045653 24.85 5.65 3.37

    2007045660 24.48 5.82 3.56

    http://jourdan.ca/pdf/20131028MAP3.pdfhttp://jourdan.ca/pdf/20131028MAP3.pdfhttp://jourdan.ca/pdf/20131028MAP3.pdf
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    Map 4: Jourdan Resources Sault Au Cochon Phosphate Property map with sample locationshttp://jourdan.ca/pdf/20131028MAP4.pdf

    As we continue to expand our phosphate properties in Quebec, the exploration models we havedeveloped are increasing our targeting speed. Our rapid assessment of projects has allowed us to puttogether what we feel is the premier package of phosphate properties in Canada, state JourdansPresident and CEO Michael Dehn. We see Quebec having the potential to be as significant a

    phosphate region as North Africa, especially as a future reliable and high quality source of phosphatefor fertilizer as the global population continues to grow and countries look for increased domestic foodsecurity.

    The technical information in this news release was approved by Mr Stephen Wallace, P. Geo, VPExploration of Jourdan Resources, and a Qualified Person under NI 43-101 regulations.

    About Jourdan Resources

    Jourdan Resources Inc. is a Canadian junior mining exploration company focused onphosphate. We continually strive to maximize shareholder value by targeting the highestquality phosphate projects with a professional and highly experienced management team.Our approach combines creativity, experience, and technical expertise with tenacity anddetermination to advance existing projects while always being prepared to take advantage ofnew opportunities that can add value for our shareholders. We are committed to conductingourselves in an open, professional, and responsible manner, while always remaining availableto all shareholders. Our goal is to become the dominant phosphate miner in North America.

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    Jourdan Resources Inc. is a Canadian junior mining exploration company trading under thesymbol JOR on the TSX Venture Exchange. The Company is focused on the acquisition,exploration, production, and development of mining properties in phosphates.

    Please visit the Companys website atwww.jourdan.ca

    For further information please contact:

    Michael Dehn Glen Wylie, CMAPresident and CEO, Jourdan Resources Inc. CFO, Jourdan Resources Inc.Tel: (647) 477-2382 Tel: (647) 477-3758Fax: (647) 477-2389 Fax: (647) [email protected] [email protected]

    Cautionary Note Regarding Forward-Looking StatementsCertain statements contained in this news release, including any information as to our strategy, projects, plans orfuture financial or operating performance and other statements that express management's expectations orestimates of future performance, may constitute forward-looking information (collectively "forward-lookinginformation") within the meaning of Canadian securities laws. Forward-looking information may be identified byterminology 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 historicalfacts and include, but are not limited to, resource estimates, capital and operating expenditures, economicconditions, availability of sufficient financing, receipt of approvals, satisfaction of closing conditions and any andall other timing, development, operational, financial, economic, legal, regulatory and/or political factors that mayinfluence future events or conditions. Such forward-looking statements are based on a number of materialfactors and assumptions, including, but not limited to, access to capital markets and other sources of financingand 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, commodityprices, foreign currency exchange rates, interest rates, availability of a qualified work force, availability ofmanufacturing equipment, no material changes to the tax and regulatory regime, the ultimate ability to executebusiness plans on economically favourable terms and those material factors and assumptions disclosed in otherpublic filings of Jourdan Resources.While we consider these assumptions to be reasonable based on information currently available to us, they mayprove 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, changesin general economic, market and business conditions, competition for, among other things, capital and skilledpersonnel, 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'spublic filings under applicable Canadian securities laws are available at www.sedar.com. The Company furthercautions that information contained on, or accessible through, this website is current only as of the date of filingsuch 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 toreflect, among other things, new information or future events.Although the Company believes many of its properties have promising potential, its properties are in the earlystages of exploration. None have yet been shown to contain proven or probable mineral reserves. There can beno assurance that such reserves will be identified on any property, or that, if identified, any mineralization maybe economically extracted.Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies ofthe TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release. Statements inthis release that are not historic facts are forward-looking statements and readers are cautioned that any such

    http://www.jourdan.ca/http://www.jourdan.ca/http://www.jourdan.ca/mailto:[email protected]:[email protected]:[email protected]:[email protected]:[email protected]:[email protected]://www.jourdan.ca/
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    statements are not guarantees of future performance, and that actual developments or results, may varymaterially from those in these forward-looking statement.