Jourdan...NEWS!!Jourdan Resources expands Baude Lake by 8,400 ha
2010-11-09 08:26 ET - News Release
Mr. Emilien Seguin reports
JOURDAN ADDS 160 STRATEGIC MINERAL CLAIMS TO THE LAC BAUDE RARE EARTH ELEMENTS PROPERTY (QUEBEC)
Jourdan Resources Inc. has acquired, via claim staking, 160 strategic mineral claims totalling 8,480 hectares (or 84.8 square kilometres), adding to the 33 claims already owned by the company, at the Baude Lake rare earth elements property in the Mauricie region of south-central Quebec. Jourdan now hold 193 claims for 10,230 hectares or 102.3 square kilometres.
Emilien Seguin, president and chief executive officer of Jourdan, stated: "We are pleased to have taken a significant land position contiguous to our new discovery zone located at the Baude Lake REEs property. The acquisition fits Jourdan's strategy of acquiring rare metals or high technology metals (HTMs) sectors of Eastern Canada."
Jourdan had taken five grab samples along a 90-metre strike length of a prospective 800-metre trend during the 2010 field prospecting program on the property. Assay results yielded 0.02 per cent to 3.5 per cent total rare earth oxides, with up to 0.17 per cent U3O8 (refer to the Jourdan news release dated June 22, 2010).