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Phosphate Exploration & Development: “From Rocks to Crops”
March 2013
www.jourdan.ca
TSXV : JOR
20130301
Cautionary Note Regarding Forward-
Looking Statements Certain information contained herein regarding Jourdan Resources Inc., including management’s assessment of future plans and operations, may constitute forward-looking statements under applicable securities law and necessarily involve risks, including but not limited to risks associated with mining exploration, operating costs, production costs, volatility of share prices, currency fluctuations, imprecision of resource and reserve estimates, environmental risks and ability to access sufficient capital from internal and external sources. As a consequence, actual results may differ materially from those anticipated in any forward looking statements. Plans, intentions or expectations disclosed in any forward-looking statements or information should not be read as guarantees of future results or events, and will not necessarily be accurate indications of whether or when or by which such results or events will be achieved. Except as required by law, Jourdan Resources Inc., expressly disclaims any intention and undertakes no obligation to update any forward looking statements or information as conditions change.
• 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, development and production of
phosphate mining properties in Quebec.
• Phosphates are used primarily in the
manufacture of fertilizers for the agricultural
industry.
• JOR also owns the Vallée Lithium Project which
is located adjacent to Canada Lithium’s Quebec
Lithium Mine which is in the commissioning
phase of an open-pit mine and on-site
processing plant with estimated capacity to
produce approximately 20,000 tonnes of
battery-grade lithium carbonate annually.
About Jourdan
Recent Share Price
52 Week High : $0.09
52 Week Low : $0.04
10 Day Average trading volume : 65,000
Jourdan Resources Inc. TSX-V:JOR
Shares Outstanding
Warrants
Options
Broker Warrants
Fully Diluted
57,709,076
9,644,167
3,675,000
1,281,000
72,309,243
Current Share Price (Feb 22/13) $0.07
52-Week High / Low $0.09 / 0.04
Market Capitalization $4.0 million
Options / Warrants
As at Feb 22, 2013
No. Options /
Warrants
Avg.
Exercise
Price
Options 3,675,000 $0.12
Warrants 9,644,167 $0.18
Share Structure
Significant Shareholders Ownership
Management & Directors 15.5%
Quebec Phosphate Projects
* Historical resources in this presentation are historical estimates that predate NI 43 -101 and are not compliant with current definitions, have not been verified by the company and consequently should not be relied on by investors.
Dissimieux Lake Phosphate Project
• 240.5 km2 (100% interest)
• *235 million tonnes @ 3.65% P2O5 and
4.72% TiO2
• 3.3 km corridor of phosphate
mineralization in two zones
• 2012 drilling - 34 diamond drill holes -
3,948.9 metres
• Excellent, low cost project logistics with
access roads throughout drill area
• Less than 50 km from hydroelectricity
and 150 km from Ocean port
Dissimieux Lake 2012 Drilling and Phosphate Zones
Dissimieux Lake Phosphate Project
• 2012 drilling success combined with
2011 prospecting success has lead to
several high priority targets
• 2012 drilling outlined two zones of P2O5
mineralization approximately 3.3 km
long and 150m to 200m wide
Significant results include:
• 137.8 m @ 3.02% P2O5 in hole DL025
• 45.0 m @ 3.20% P2O5 in hole DL001
• 20.58 m @ 2.55% P2O5 in hole DL030
• 18.0 m @ 4.24% P2O5 in hole DL026
Jazz Phosphate Project
45 km
The Jazz Phosphate Property is contiguous with Arianne Resources’ Paul Lake Advanced Stage
Phosphate Project, which has:
• Paul Zone Proven and Probable Reserve of 161.7 million tonnes @ 7.16 P2O5. Measured and
Indicated Resources of 590 million tonnes @ 7.13% P2O5 .
• Manouane Zone proven and probable Mineral Reserves of 145.4 million tonnes @ 5.95% P2O5 .
Measured and Indicated Resources of 163.8 million tonnes @ 5.88% P2O5 .
• Planned annual production rate of 3 million tonnes of 38% P2O5 apatite concentrate
• 17 year mine life with average operating cost of $90 / tonne of concentrate (FOB rail)
• Pre-tax IRR of 23.2% and pre-tax NPV of $985 million (@ 8%) based on P2O5 price of $175/t
Jazz Phosphate Project
• Jazz is an early stage phosphate exploration
project located immediately south of Arianne
Resources’ Paul Lake Advanced Stage Phosphate
Project, approximately 200 km north of the town of
Saguenay in the Saguenay-Lac-St-Jean region,
Quebec.
• Jourdan has the option to acquire a 100% interest
in the project by making payments of $350,000 in
cash/shares ($150,000 fulfilled).
• Highlight results of grab samples collected by
Jourdan are:
• H902375: 13.195% P2O5 and 10.83% TiO2
• H902377: 8.187% P2O5 and 15.72% TiO2
• H902379: 7.812% P2O5 and 9.42% TiO2
Non-Phosphate Projects
Jourdan Resources Inc.
Vallee Lithium
Project
Canada Lithium Corp.
Quebec Lithium Project
Vallée Lithium Project
•The Vallée Property is approximately 1km from the 30-year pit outline of the
Quebec Lithium Project, and less than 2 km from the 15-year pit outline.
•During early 2011 Jourdan completed a total of 21 drill holes
totaling 4,256m which included the following results:
• 1.19% Li2O over 5.50 metres in drill hole VAL11-20
• 1.05% Li2O over 4.31 metres in drill hole VAL11-21
• 1.03% Li2O over 4.63 metres in drill hole VAL11-17
• 2.68% Li2O over 0.85 metres in drill hole VAL11-20
•Jourdan’s Vallée Lithium Project is
adjacent to Canada Lithium’s
Quebec Lithium Project which is in
the commissioning phase of an
open-pit mine and on-site
processing plant with estimated
capacity to produce approximately
20,000 tonnes of battery-grade
lithium carbonate annually.
•The mineralized Spodumene
Pegmatite dykes which Canada
Lithium are mining continue directly
onto the claims of Jourdan.
Vallee Lithium Project
(Jourdan Resources)
Quebec Lithium Project
(Canada Lithium)
Detail Area
(above)
Critical Elements
Rose Tantalum-Lithium Property
Jourdan Resources Inc.
Pivert Lithium Property
Pivert Lithium Property
• Jourdan Resources’ (JOR) 60 km2 Pivert
Lithium property is adjacent to
Critical Elements’ Rose Tantalum-Lithium
Property
• $5.49 billion (in situ) 43-101 compliant
resource (26.5 Mt+@ 1.30% Li2O eq.
indicated and 10.7 Mt+@ 1.14% Li2O eq.
• 19 grab samples by JOR averaged 1.06%
Li2O
• During 2011, JOR completed a total of 20
holes totalling 3,051 m which included the
following results:
1.22% Li2O and 134.8 ppm Ta2O5
over 3.11 metres in hole PIV11-20
1.19% Li2O and 97.2 ppm Ta2O5 over
2.03 metres in drill PIV11-17
Jourdan Resources Inc.
Baillarge Molybdenum Property
Romios Gold
La Corne Mine Property
Baillarge Molybdenum Property
• The Baillarge Property is located along trend of the La Corne mine, which was operated intermittently by Molybdia Corporation Limited (now Romios Gold) from 1951 to 1972 as an underground mine
• Total production during this period was 3,838,844 tons of ore at a head grade of 0.33% MoS2 (6.6 lbs/ ton) and 0.040% bismuth (0.80 lbs/ton)
• JOR collected surface grab samples that have returned up to 5.47% Mo
• Sigeom reports that the Lac Baillarge-Est occurrence on JOR’s Baillarge Molybdenum Property also has significant lithium mineralization including 2.48% LiO2 over 2.30 m drilled in 1955
Toma Gold
Monster Lake property
Jourdan Resources Inc.
Windy Gold Property
Windy Gold Property
• The Windy Gold Property covering 20.1
km2 is an early stage exploration project
approximately 5 km south of Toma Gold's
Monster Lake Gold project located in the
Chibougamau, Quebec mining camp.
• During the past year Toma Gold has
announced the following drill hole
intersections:
237.6 gpt Au over 5.70 m
33.6 gpt Au over 5.85 m
11.5 gpt Au over 5.30 m
42.0 gpt Au over 7.20 m
101.2 gpt Au over 4.50 m
Jourdan – Management
Michael Dehn, President, CEO & Director With over 21 years of experience in the mining industry, Michael was President, CEO
and Director of Nayarit Gold Inc. from September 2005 to April 2007. Between 1994 and
2005, he worked as an exploration geologist and later as a Senior Geologist with
Goldcorp Inc. Michael has been a director of publicly traded and private junior mining
companies, with listings on the TSX, TSX-V, Frankfurt, Berlin, OTCBB and Pink Sheets.
His expertise lies in grassroots to advanced minerals exploration, marketing and
financing junior companies. Michael has worked in diamond, base metals, precious
metals, industrial minerals, oil and natural gas, as well as sand, gravel and peat
deposits, primarily in the Americas on private, public company and government projects.
Najib Moutia, COO Najib had a 30-year career at the Office Chérifien des Phosphates (OCP) in Morocco,
the world’s largest producer of phosphates, using outstanding negotiation and business-
development skills as well as abilities to operate in a wide range of cultural
environments to break into new markets and achieve superior sales growth in the
South-Asia & Pacific region. Mr. Moutia has a MSc. In Chemical Engineering from the
University of Bordeaux, France. Previous project work with OCP includes the
establishment of the JV and construction of the processing plant in Morocco providing
phosphoric acid to feed a Diammonium phosphate (DAP) production plant in Pakistan.
Mr. Moutia made extensive inroads for phosphate rock sales into New Zealand,
Australian, Thailand and the Phillippines, increasing market share in some cases from
10% to 90%.
Glen Wylie, CMA, CFO Glen has over 14 years of accounting experience with small, private companies. He also
brings with him small business ownership & management experience, a Bachelor of
Business Administration (B.B.A.) degree from Wilfrid Laurier University, and a Certified
Management Accountant (CMA) designation. Prior to Avanti, he spent several years in
the film & television industry before working more recently with Nayarit Gold Inc. a
publicly traded junior exploration company listed on the TSX Venture Exchange doing
consulting in a marketing & corporate services capacity.
Stephen Wallace, VP Exploration, P Geo Stephen is a professional geologist who is a member of the Association of Professional
Geoscientists of Ontario (APGO) and has over 30 years of exploration experience
throughout Canada and internationally. Until recently he held the position of Senior VP
Exploration of Trade Winds Ventures Inc. (TWD) a TSX Venture company, which was
acquired by Detour Gold Inc. Prior to working with TWD Mr. Wallace was the President
and CEO of Castle Resources Inc., a TSX Venture company. Throughout his career,
Mr. Wallace has held management and technical positions with major and junior
resource companies including Goldcorp, BHP and Noranda.
Marc Labrecque, D.E.C., Corporate Secretary Mr. Labrecque previously owned a supermarket under Loeb and Provigo and eventually
selling to Provigo in 2000. He held the position of director of the supermarket, and was
regional supervisor for Loblaws from 2000 to 2004. During the past 5 years, Mr.
Labrecque has managed different projects in the mining industry located on Quebec's
North Shore and the James Bay area. In July 2011, he was appointed CFO of Active
Growth Capital Inc.
Jourdan – Board of Director
Guy Girard, MBA, Director Mr. Girard has been a Director of Jourdan Resources Inc., since June 2006. He is also
one of the partners in Sugarhill Capital, a consulting company in financings and M&A.
Mr. Girard was the founder of Avensys Corporation Inc. and sold the company 2003.
He holds a Bachelors degree in finance obtained in 1985 and a Masters in finance in
1992 from Laval University.
Émilien Séguin, P. Geo., Director Mr. Séguin is president and founder of Minorex Mining Specialists Inc., a geological and
mining consulting firm having been active in Africa from 1983 to 2003. He previously
served as a director of S.E.S Mining Group from 1975 to 1980 that later financed by
SERU Nuclear of France, Eldorado Nuclear (Government of Canada) and Société de
Développement de la Baie James (Government of Quebec). Mr. Séguin is the founding
member of l’Ordre des Géologues du Québec.
Yves Grou, CA, Director Mr. Grou is a member of the Quebec Institute of Chartered Accountants. He was a co-
founder and partner of Grou, La Salle & Associates CA (GLA) based in Montréal
(Québec). Mr. Grou has coordinated and lead successful reverse take-overs of several
public companies, in many sectors inclusive of the mining sector located in France,
Cuba, Thailand, West Africa and China. Mr. Grou has also previously worked with Ernst
& Young (Montreal) and was a part-time professor in the Accounting and Finance
Program at McGill University. He holds a Bachelor in Commerce degree from McGill
University.
Dr. Donald R. M. Quick, Director Dr. Quick served as a Goldcorp director from 2000 to 2006, and previously was a
director for CSA Management, which he helped successfully merge with Goldcorp in
2000. As a director of Goldcorp, he was involved with three successful mining industry
mergers including Goldcorp's $2.6 billion merger with Wheaton River Gold; the
combined Goldcorp/Barrick Gold Corp. acquisition of placer Dome Inc.; and the $8.6
billion acquisition of Glamis Gold Inc. by Goldcorp. The latter two transactions were the
largest gold mining deals in Canadian history. Dr. Quick has been a board member of
McEwen Mining and its predecessor company Minera Andes since 2008.
Michael Dehn, President, CEO & Director With over 21 years of experience in the mining industry, Michael was President, CEO
and Director of Nayarit Gold Inc. from September 2005 to April 2007. Between 1994
and 2005, he worked as an exploration geologist and later as a Senior Geologist with
Goldcorp Inc. Michael has been a director of publicly traded and private junior mining
companies, with listings on the TSX, TSX-V, Frankfurt, Berlin, OTCBB and Pink Sheets.
His expertise lies in grassroots to advanced minerals exploration, marketing and
financing junior companies. Michael has worked in diamond, base metals, precious
metals, industrial minerals, oil and natural gas, as well as sand, gravel and peat
deposits, primarily in the Americas on private, public company and government
projects.
What is Phosphate Rock?
Phosphate rock is the only economical source of phosphorus for manufacturing phosphatic fertilizers and chemicals. Deposits are widely distributed throughout the world and are generally mined by using surface mining methods. The United States is the world's largest producer of phosphate rock, with annual production of about 45 Mt of marketable rock, accounting for more than 30 percent of total world production. Florida and North Carolina produce the largest amounts, with a combined 85 percent of the U.S. output, followed by Idaho and Utah. Phosphate rock, when used in an untreated form, is not very soluble and provides little available phosphorus to plants, except in some moist acidic soils. Treating phosphate rock with sulfuric acid makes phosphoric acid, the basic material for producing most phosphatic fertilizers. Phosphatic fertilizers include diammonium phosphate (DAP) and monoammonium phosphate (MAP), which are produced by reacting phosphoric acid with ammonia, and triple superphosphate, produced by treating phosphate rock with phosphoric acid. More than 90 percent of the phosphate rock mined in the United States is used to produce about 12 Mt/yr of phosphoric acid. Domestic consumption of phosphate in fertilizers has averaged 4.5 Mt/yr since 1994. The United States supplies most of the phosphate fertilizers in the world. Overall, more than 50 percent of the phosphoric acid produced in the United States is exported as finished fertilizers or commercial acid. The United States accounts for more than 50 percent of global interregional trade in phosphates; 90 percent in MAP; and 75 percent in DAP. The United States also imports some phosphate rock for processing -- about 1.8 Mt/yr.
Fertilizer Consumption: Historical &
Projected
Table 4.15 Fertilizer consumption: historical and projected
Total consumption million tons of nutrient (N, P and K) percent p.a.
Sub-Saharan Africa
1961/
1963
2005/
2007 2050
1961-
2007
1997-
2007
2005/
2007
-2030
2030-
2050
0.2 1 6 4.3 0.4 3.7 3.1
Latin America 1.1 17 45 5.6 5.4 3.2 1.1
Near East / North Africa 0.5 8 12 6.0 2.6 1.1 1.1
South Asia 0.6 27 59 8.2 3.0 2.5 1.0
East Asia 1.9 62 79 7.7 4.0 0.8 0.3
Developing countries 4.3 114 201 7.2 3.8 1.7 0.8
excl. China and India 2.9 42 94 6.0 3.6 2.4 1.1
Developed countries 30.0 51 62 0.5 -0.3 0.6 0.3
World 34.3 166 263 3.0 2.4 1.4 0.7
Per harvested hectare kg/ha percent p.a.
1961/
1963
2005/
2007 2050
1961-
2007
1997-
2007
2005/
2007
-2030
2030-
2050
Sub-Saharan Africa 1.9 8 27 2.6 -1.6 3.1 2.6
Latin America 15.1 122 250 4.4 3.0 2.4 0.7
Near East / North Africa 10.3 113 170 5.3 1.9 0.9 0.9
South Asia 3.4 121 268 7.7 2.7 2.5 1.0
East Asia 9.6 210 256 6.9 3.3 0.6 0.3
Developing countries 7.3 127 200 6.3 2.7 1.4 0.6
excl. China and India 9.6 79 144 4.7 1.9 1.9 0.8
Developed countries 75.9 144 166 0.8 0.0 0.3 0.3
World 35.0 132 191 2.5 1.7 1.1 0.5
Source: Alexandratos, N. and J. Bruinsma. 2012. World agriculture towards 2030/2050: the 2012 revision. ESA Working paper No. 12-03. Rome, FAO.
If projected fertilizer consumption is correct – there will be 1.4% annual increase in the demand for fertilizers from now until 2030, dropping to 0.70% from 2030-2050. What that means is the global demand for phosphates should increase 27% from 2013 to 2030, suggesting that 25% more supply will be required to meet global demand. Canada is a net importer of phosphate. The only currently producing phosphate mine in Canada, operated by Agrium, is set to close in 2013. The US imported approximately 4% of its phosphate requirements. The US, formerly the largest global phosphate producer, has dropped to number 3 behind China and just behind Morocco.
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Contact Information
Jourdan Resources Inc 600 Orwell Street, Unit 14 Mississauga, Ontario L5A 3R9 647-477-2382 Tel www.jourdan.ca [email protected]
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Phosphate Exploration & Development: “From Rocks to Crops”