28 October 2013 17:39 [Source: ICIS news]
HOUSTON (ICIS)--Jourdan Resources acquired the Sault Au Cochons phosphate property in Forestville, Quebec, the Canadian fertilizer producer announced on Monday.
Quebec-based Jourdan has been engaged in the exploration and development of phosphate mining properties in the region and it believes the 15.7 square kilometer Sault Au Cochons site contains sizeable deposits of the nutrient.
Company president Michael Dehn said the early indications are that the Sault site will indeed be a very robust area for mining and will complement its other ventures in the region, allowing Jourdan to have the premiere collection of phosphate holdings in Canada.
Those ventures include the Dissimieux Lake site, the Cache Phosphate property as well as the Lac Catherine operation, which was acquired in early October.
“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 phosphate for fertilizer as the global population continues to grow and countries look for increased domestic food security," said Dehn.
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