AllPennyStocks.com

Teaching Investors How To Turn Pennies Into Dollars TM


Subscribe to our free newsletter:

 Quote:   Symbol Lookup  (TSX = T.xxx, TSX-V = V.xxx)


Advertising    Contact Us    Message Boards
 
   

Exchange: TSX Venture

Market Cap: 5.2 Million

Outstanding Shares: 20 Million

Price Sept. 28, 2006: $0.26

JRN Recent Stock Quote and News: Click Here

Information As Of September 28, 2006

"Jourdan Resources Inc. is in the process to complete a major property acquisition in the uranium sector. The property is based in the United States with proven reserves on it. When completed, this project along with the Guillet concession will become one of the two main properties."


Overview

Jourdan Resources Inc. is a Canada-based company engaged in the acquisition, exploration and development of mineral properties. The company's four projects are the Guillet Property, Tavernier Property, Windy Property and Comtois Property. All of the company's properties are located in the province of Quebec, Canada.

The Guillet Property is made up of 20 claims and was named after the township in which it is located. On the property, Gold occurs in quartz veins that are found along the main schistosity and less frequently at the interface between volcanics and the iron-formations. The Tavernier property consists of 15 claims in the township bearing the same name. Mineralization grading up to 49g/t over up to 1.12m occurred in past exploration. The Windy Property is comprised of 66 cells covering 3692ha south of Chibougamau. It is located at the intersection of two major regional faults along which several gold deposits and occurrences are known to occur. The property is comprised of 64 designated cells covering some 2700ha in Comtois township. The property has only been explored briefly and Jourdan plans to revive the project in the upcoming year.


Investment Highlights
  • Québec hosts many world-class ore deposits and is well known for its precious (gold) and base (copper, nickel, and zinc) metal output as well as its industrial mineral production. Furthermore, Québec is the world’s second largest producer of niobium, and Canada’s second largest gold and iron producer.
  • The Guillet Property claims cover 320 ha and is entirely owned by Jourdan with a 2% royalty to the Audet estate.
  • In the Guillet Property, gold occurs in quartz veins that are found along the main schistosity in weakly zones of weak-shear zones and less frequently at the interface between volcanics and the iron-formations.
  • As a result of numerous anomalies resulted from performed surveys on the Guillet Property, further investigation needs to be done.
  • The Cadillac-Larder Lake Break area running through Ontario and Quebec, which is near the company's Tavernier Property has historically been Canada's most prolific area for Gold production.
  • The Tavernier project has 15 claims covering some 240 ha and the claims are under option from Late Léo Audet and are now in his estate.
  • The real potential of the Tavernier property lies in the untested brittle-ductile transition resulting from the shearing along the contact between two contrasting rock types.
  • Jourdan Resources was one of the first companies to enter the area where their Windy Property is located. Recently, Agnico-Eagle Mines Ltd. (TSX:AEM), a major resource explorer and producer purchased land in the Chibougamau mining camp.
  • The Windy property is comprised of 66 cells covering 3692ha south of Chibougamau. 5 mineral occurrences part of the MRNF inventory are found on these claims, 4 for gold and 1 for base metals.
  • The Guillet and Tavernier Properties are being actively explored and results should be out this fall.
 

 


Projects

Guillet Property

The Guillet Property is made up of 20 claims and was named after the township in which it is located. It lies some 5km from the town of Belleterre in Quebec Temiscaming or some 175km to the southeast of Val-d’Or. The claims cover 320 ha and are entirely owned by Jourdan with a 2% royalty to the Audet estate.

The claims are underlain by volcanics of the Baby Group forming a narrow arc-shaped belt laid in granitic rocks and cut by Grenvillian gneisses towards the south and east. On the property the rocks have a general northeast orientation with steep SE dips. The volcanics consist mainly of pillowed mafic volcanics with minor tuffaceous horizons and thin oxide iron formations. The volcanics are cut by numerous gabbroic and lamprophyre dykes.

Gold occurs in quartz veins that are found along the main schistosity in weakly zones of weak-shear zones and less frequently at the interface between volcanics and the iron-formations. It occurs in very fine rarely visible grains within the quartz. Sulphides occurring with the gold rarely exceed 1% and consist of pyrite, chalcopyrite and galena.

Locally, a north-south structure as also been observed and this structure was explored in the northern part of the property and in the adjoining property by Vantex. On the Jourdan property, it is expressed by intense shear corridors with boudinaged quartz veins and more abundant pyrite. On the Vantex property, this structure intersects a northeast shear corridor that project onto the Jourdan property.

Further exploration on the Jourdan Property will attempt to locate the intersection of the north and northeast structures onto our ground. In winter of 2004-2005, the property was covered with a new grid and magnetometer and soil geochemical surveys were carried out over the entire property while an IP survey was performed in the western sector. The numerous anomalies resulted from the surveys need to be further investigated.

Tavernier Property

The Tavernier property consists of 15 claims in the township bearing the same name. It is located some 50km to the northeast of Val-d’Or. The claims cover some 240 ha and the claims are under option from Late Léo Audet and are now in his estate. Jourdan must spend $100 000 in exploration and make a cash payment of $25 000 in order to complete the acquisition. A 2% royalty in the name of Leo Audet will remain.

The claims are underlain by Keewatin mafic volcanics, an east-west trending mafic volcanic belt with rare sedimentary, tuffaceous inte or iron-formation interflows. The volcanics are cut by numerous syn- to post deformation granodioarite to diorite dykes, sills or stocks.

The mineralization on the property is found at the interface between the volcanics and intrusive. Mineralization grading up to 49g/t over up to 1.12m in past exploration. A pre NI 43-101 resource of 179 368 st grading 6.8g/t forms the historic resource. These numbers

The real potential of the property lies in the untested brittle-ductile transition resulting from the shearing along the contact between two contrasting rock types. Generally speaking, the intrusive will undergo brittle deformation creating conduits in which the quartz veins are injected. The geometry of these veins will tend to be oblique to the deformation and therefore would have been missed in past exploration programs.

Jourdan is currently reavaluating the properties in order to evaluate its potential in the light of a revised geological model. It is worth noting that this type of mineralization occurs some 8.7km from Tavernier in the Croinor Deposit.

Windy Property

The Windy Property is comprised of 66 cells covering 3692ha south of Chibougamau. The property is underlain by volcanic sequences and injected with numerous dykes. It is located at the intersection of two major regional faults along which several gold deposits and occurrences are known to occur (Lac Shortt, Joe Mann, Chevrier).

5 mineral occurrences part of the MRNF inventory are found on these claims, 4 for gold and 1 for base metals. Moreover, I target from the VMS target evaluation study (ET 2005-01), 6 from the gold target evaluation (ET2006-01) and 1 target from Diagnos’ regional artificial intelligence compilation of the Abitibi are found on these claims.

The claims lie on a splay of the Opawica - Guerchville regional fault oriented roughly east-west and branching south from the main structure. It has been traced from the JoeMann Mine to the Lac Shortt Mine. The regional structure is cut by the northeast trending Fancamp fault along which the Chevrier gold deposit is located (8 305 996 t grading 2,28 g/t Au including 2 089 670 t @ 5,01 g/t - GM 52088).

The property is underlain by volcanics of the Des Vents member of the Obatogamau Group comprised of pillowed to massive mafic volcanics topped by pyroclastics with occasional thin sedimentary horizons. Gabbro dykes along the main schistosity are also common.

Comtois Property

The property is comprised of 64 designated cells covering some 2700ha in Comtois township. It is located some 15 kilometres to the east of Lebel-sur-Quévillon.

Archean volcanic and sedimentary rocks including mafic to intermediate flows, intermediate to felsic volcanic flows and volcaniclastic rocks, argillites, greywackes, conglomerates, graphitic shales and iron formation are found locally. The rocks on the property are mostly metamorphosed to greenschist facies and to upper amphibolite facies along intrusion margins.

The property has only been explored briefly and Jourdan plans to revive the project in the upcoming year.


Mining In Quebec

The mining industry is a key component of Québec’s economy. In 2003, mining investments reached more than 742 million dollars. Québec hosts many world-class ore deposits and is well known for its precious (gold) and base (copper, nickel, and zinc) metal output as well as its industrial mineral production. Furthermore, Québec is the world’s second largest producer of niobium, and Canada’s second largest gold and iron producer. It is also an important producer of titanium slag and chrysotile.
 

Québec is a tremendously vast territory with a rich and diversified geological potential. Ninety percent of its bedrock consists of Precambrian rocks that host several types of ore deposits, including lode gold, volcanogenic massive sulphides, magmatic nickel-copper, and diamondiferous kimberlites.

 

 


Recent News and Press Releases

Jourdan Resources Inc.: Closing of a Private Placement (Thu, Jun 29, 2006)

Jourdan Resources Inc.: Comtois Property Acquisition (Mon, Apr 17, 2006)

Jourdan Resources Inc.: Shares for Debt Settlement (Fri, Apr 07, 2006)
 

Jourdan Resources Inc.: Nomination to the Board of Directors, Final Closing of the Financing and Incentive Stock Option Plan approved. (Tue, Apr 04, 2006)

 

 
Management Team

Michel L. Côté - President and CEO
Mr. Côté obtained a Bachelor Degree in Economic Science at Montreal University in 1971 and worked in the stock market field all through his career. He notably holds down the position of Executive Vice President at Midland Walwyn Capital from December 1987 to March 1990; afterwards, he was appointed president of Alpha Capital Inc. until September 2001. Mr. Côté sits on the committees of various juniors companies registered on the stock exchanges such as TSX-V, CNQ and on NEX.

Guy Girard - CFO
Mr. Girard graduated from UQTR (Trois-Rivières, Quebec) in 1985 with a finance degree. In 1992, he obtained a master degree in finance from Laval University (Quebec City). From 1985 to 1998, Mr. Girard worked as representative, director and vice-president for various Canadian securities firms. In 1998, Mr. Girard founded Avensys Corporation Inc. and was its vice-president finance until August 2003. During this period while being responsible of the financial operations of Avensys Corporation Inc. and its five subsidiaries, Mr. Girard worked and realized many acquisitions and financing transactions. Mr. Girard was President of Cogivar Corporation and Vice-President of Pamérica Corporation, two capital poll companies, which have recently completed their major transactions in order to qualify under the TSX Venture regulations. Mr. Girard is presently a partner of Sugarhill Capital, a Montréal based merger and acquisition consulting firm. He is also a director of Kree Technologies Corporation, Wanted Technologies Corporation and Jourdan Resources Inc., which are listed on the TSX-Venture exchange, as well as a member of many committees.

Marc Labrecque - Secretary
Mr. Labrecque is a well success business man. He has more than 25 years of experience in sales and managing enterprise in retail sector, He was the owner of different large grocery stores (Loeb and Provigo) from 1992-2000, General Manager of Loblaws in 2000-2002 and He was the General Manager for Provigo’s banner (9 branchs) and Intermarché (11 branchs) from 2002 to 2004 in Northern Quebec. Since 2004 He is Vice-President Development and co-partner for Alarme Labrex (an important Alarm enterprise in Security in the Quebec province).

André E. Audet - Administrator
Mr. Audet is involved in the venture capital field for more than 30 years. Since 1990, he was President and co-founder of Capital Capda Corporation, a specialized firm in venture capital. From 1993 to 1996 Mr. Audet was administrator and a member of the Via Rail investment committee. Since 1994, he is an administrator and the co-founder of Brome Inc. financial Corporation, a society involve in different advance financing. Since 2005 he is on the investment committee of Novocap I and II, limited partnership and he is also an administrator of HLT Energie 92006 Inc, a society listed on the TSX Ventures.

Stuart Lee - Administrator and Geologist
Mr. Lee is a former geologist and has more than 30 years of experience in the mining exploration field. Mr. Lee played an important part in the creation and the financing of numerous exploration societies, which most of them became productive society. From 1996 to 1999, he occupied the position of President and general Manager of Millennium Gold Corp., an exploration society in Thailand. From 1999 to 2003, he occupied the function of President and General Manager of Wildcat Exploration Inc., an exploration company in Manitoba concentrated in the gold bearing camps of Bissett. From 2003 to 2005, he was administrator of Sahelian Goldfields Inc. (today known as Sage Gold Inc.)
 

 


Contacts

Jourdan Resources Inc.
1200 Escale Street, C.P. 43
Val D'or (Qc) J9P 4N9
Phone: 819-856-3598
Fax : 819-825-6316

Email: jourdan@cablevision.qc.ca

 


SEDAR Filings

JRN filings with SEDAR can be found here. All Fillings are current and the Company is fully reporting.

 

FORWARD LOOKING STATEMENTS

This report includes forward-looking statements that reflect Jourdan Resources Inc. current expectations about its future results, performance, prospects and opportunities. Jourdan Resources Inc. has tried to identify these forward-looking statements by using words and phrases such as "may," "will," "expects," "anticipates," "believes," "intends," "estimates," "plan," "should," "typical," "preliminary," "we are confident" or similar expressions. These forward-looking statements are based on information currently available and are subject to a number of risks, uncertainties and other factors that could cause Jourdan Resources Inc.'s actual results, performance, prospects or opportunities to differ materially from those expressed in, or implied by, these forward-looking statements. These risks, uncertainties and other factors include, without limitation, the Company's growth expectations and ongoing funding requirements, and specifically, the Company's growth prospects with scalable customers, and those outlined above. Other risks include the Company's limited operating history, the Company's history of operating losses, consumers' acceptance, the Company's use of licensed technologies, risk of increased competition, the potential need for additional financing, the terms and conditions of any financing that is consummated, the limited trading market for the Company's securities, the possible volatility of the Company's stock price, the concentration of ownership, and the potential fluctuation in the Company's operating results.

 

Disclaimer

AllPennyStocks.com feature stock reports are intended to be stock ideas, NOT recommendations. Please do your own research before investing. It is crucial that you at least look at current SEC filings and read the latest press releases. Information contained in this report was extracted from current documents filed with the SEC, the company web site and other publicly available sources deemed reliable. For more information see our disclaimer section, a link of which can be found on our web site. This document contains forward-looking statements, particularly as related to the business plans of the Company, within the meaning of Section 27A of the Securities Act of 1933 and Sections 21E of the Securities Exchange Act of 1934, and are subject to the safe harbor created by these sections. Actual results may differ materially from the Company's expectations and estimates. This is an advertisement for Jourdan Resources Inc. The purpose of this advertisement, like any advertising, is to provide coverage and awareness for the company. The information provided in this advertisement is not intended for distribution to, or use by, any person or entity in any jurisdiction or country where such distribution or use would be contrary to law or regulation or which would subject us to any registration requirement within such jurisdiction or country.

 
© 1999-2006 AllPennyStocks.com. All rights reserved. AllPennyStocks.com is not a Registered Broker/Dealer or Financial Advisor, nor do we hold ourselves out to be. All materials presented on our web site and individual reports released to the public through this web site, e-mail or any other means of transmission are not to be regarded as investment advice and are only for informative purposes. Before making a purchase or sale of any securities featured on our web site or mentioned in our reports, we strongly encourage and recommend consultation with a registered securities representative. This is not to be construed as a solicitation or recommendation to buy or sell securities. As with any stock, companies we select to profile involve a degree of investment risk and volatility. Particularly Small-Caps and OTC-BB stocks. All investors are cautioned that they may lose all or a portion of their investment if they decide to make a purchase in any of our profiled companies. Past performance of our profiled stocks is not indicative of future results. The accuracy or completeness of the information on our web site or within our reports is only as reliable as the sources they were obtained from. The profile and opinions expressed herein are expressed as of the date the profile is posted on site and are subject to change without notice. No investor should assume that reliance on the views; opinions or recommendations contained herein will produce profitable results. AllPennyStocks.com may hold positions in securities mentioned herein, and may make purchases or sales in such securities featured on our web site or within our reports. In order to be in full compliance with the Securities Act of 1933, Section 17(b), AllPennyStocks.com will disclose in it's disclaimer, what, if any compensation was received for our efforts in researching, presenting and disseminating this information to our subscriber database and featuring the report on the AllPennyStocks.com web site. AllPennyStocks.com has been compensated three thousand dollars by a non-affliated third-party, Beacon Equity Research for its efforts in presenting the JRN profile on its web site and distributing it to its database of subscribers as well as other services. AllPennyStocks.com may decide to purchase or sell shares on a voluntary basis in the open market before, during or after the profiling period of this report. As of the profile date, no shares have been sold. Information presented on our web site and within our reports contain "forward looking statements" within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Any statements that express or involve discussions with respect to predictions, expectations, beliefs, plans, projections, objectives, goals, assumptions or future events or performance are not statements of historical fact and may be "forward looking statements." Forward looking statements are based on expectations, estimates and projections at the time the statements are made that involve a number of risks and uncertainties which could cause actual results or events to differ materially from those presently anticipated. Forward looking statements in this action may be identified through the use of words such as “expects’”, “will,” “anticipates,” “estimates, “believes,” or that by statements indicating certain actions “may,” “could,” or “might” occur.
THE READER SHOULD VERIFY ALL CLAIMS AND DO THEIR OWN DUE DILIGENCE BEFORE INVESTING IN ANY SECURITIES MENTIONED. INVESTING IN SMALL CAP SECURITIES IS SPECULATIVE AND CARRIES A HIGH DEGREE OF RISK.
We encourage our readers to invest carefully and read the investor information available at the web sites of the Securities and Exchange Commission (SEC) at: http://www.sec.gov and/or the National Association of Securities Dealers (NASD) at: http://www.nasd.com. Readers can review all public filings by companies at the SEC's EDGAR page. The NASD has published information on how to invest carefully at its web site.

 

 

 


 

AllPennyStocks.com © 1999 - 2008. AllPennyStocks.com is a web publishing venture produced by AllPennyStocks.com Media, Inc.