22 November 2013 19:44 [Source: ICIS news]
HOUSTON (ICIS)--Jourdan Resources has acquired the West Arnaud Phosphate Property in the Quebec region, the Canadian fertilizer producer announced on Friday.
Quebec-based Jourdan is engaged in the exploration and development of phosphate mining properties in the region. Company officials said the West Arnaud acquisition is composed of six claims and has deposits estimated at mineral resource of approximately 371m tonnes.
Currently Jourdan has the Dissimieux Lake site, the Cache Phosphate property, as well as both the Lac Catherine operation and adjacent Sault Au Cochons site, which were acquired in October. Company officials said adding the West Arnaud property has now allowed Jourdan to become the leading phosphate exploration operation in Quebec.
“The addition of the West Arnaud Phosphate Project, near Sept-Iles, Quebec, in close proximity to what will be the next producing phosphate mine in Canada, is an acquisition by staking that has historical phosphate results and adds a new eastern high potential phosphate project to Jourdan's extensive Quebec phosphate property package,” said Michael Dehn, Jourdan CEO.
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