Jourdan to Test Quebec Phosphate Rock as a Natural Grow Media for Horticulture – Extend Commodity Brokering to Micronutrients
March 31, 2014 (Source: FSC Wire) — Highlights:
- Testing of phosphate rock from Jourdan’s Dissimieux Lake, Hache, Cache and Lac Catherine Phosphate Properties to commence in Q2 2014
- Macronutrients and Micronutrients to be tested for agronomic suitability for soil/growth media improvement and crop availability
- Brokering of calcium sulphate and magnesium sulphate expected to commence during Q2 2014
JOURDAN RESOURCES INC. (TSX-V: JOR) (“JOURDAN” or the “Company”) (www.jourdan.ca) is pleased to announce that it intends to commence testing of phosphate rock as a natural grow media utilizing material from its 100% owned Dissimieux Lake, Hache, Cache and Lac Catherine Phosphate Properties, all located in Quebec.
Recent successful drilling and sampling from Dissimieux Lake by Jourdan have demonstrated several zones of phosphate mineralization which contain a number of macro and micro nutrients in addition to phosphate. Similarly samples from the Hache and Cache properties have demonstrated ratios of macro and micro nutrients that are comparable to those from the zones at Dissimieux Lake (see table 1). Investors should note grab samples are selective by nature and may not be representative of average grades of the mineralization within zones.
The purpose of fertilizer use, especially for higher yields, is identical in temperate and tropical climates:
* to supplement the natural soil nutrient supply and build up soil fertility in order to satisfy the demand of crops with a high yield potential;
* to compensate for the nutrients used by plants or lost to the environment in order to maintain good soil conditions growing crops
Get our daily investorintel update
* to introduce Macro and Micro nutrients to the food chain for animals and human life
Mineral nutrient elements used in fertilizers can be divided into two groups – Macro and Micro Nutrients. The primary macronutrients are nitrogen (N), phosphorus (P), and potassium (K). These major nutrients are usually are lacking from depleted soils as plants use large amounts for their growth and survival.
Additional macronutrients are calcium (Ca), magnesium (Mg), and sulfur (S), which are secondary in importance only to nitrogen, phosphorus, and potassium, no less essential, but smaller amounts of those elements are typically needed for most crops. As well large amounts of calcium and magnesium are added when lime is applied to acidic soils to aid in reducing soil acidity. (See Figure 1.)
Jourdan’s phosphate projects in Quebec are enriched in P, Ca, and Mg. (See Table 1 and Map 1)
|Primary:||Nitrogen (N)||Phosphorous (P)||Potassium (K)|
|Secondary:||Calcium (Ca)||Magnesium (Mg)||Sulphur (S)|
Plants do not require micronutrients in the same volumes as primary and secondary macronutrients, though plants cannot thrive without these micronutrients. Scientists classify boron (B), chlorine (Cl), copper (Cu), iron (Fe), manganese (Mn), molybdenum (Mo), nickel (Ni), and zinc (Zn) as primary micronutrients.
And while not essential to plant life, humans require selenium (Se) and iodine (I) and these secondary micronutrients are added to fertilizer where the end use is beneficial to human life and the soils are depleted.
Jourdan’s phosphate projects are enriched in copper, zinc, iron and manganese, all primary micronutrients. (See Table 1 and Map 1)
|Primary:||Boron (B)||Zinc (Zn)||Copper (Cu)||Nickel (Ni)|
|Iron (Fe)||Chlorine (Cl)||Molybdenum (Mo)||Manganese (Mn)|
|Secondary:||Selenium (Se)||Iodine (I)|
Jourdan’s phosphate rock (PR) is an organic fertilizer that is a good source of phosphorus, calcium and other trace minerals. PR is a natural source of mined phosphorus. Jourdan plans to test different sizes of crushed PR with growers to evaluate the if there is any increased benefit versus their current grow medium.
Figure 1. Plant Requirements – Macro and Micro Nutrients http://jourdan.ca/pdf/20140331FIG1.pdf
Map 1 – Location of Jourdan Phosphate Projects in relation to other deposits in Quebec http://jourdan.ca/pdf/20140331MAP1.pdf
Commercially important fertilizers containing sulfur include ammonium sulfate, ammonium thiosulfate, potassium sulfate, potassium-magnesium sulfate, gypsum, and magnesium sulfate. As sulphur is a secondary macronutrient not abundant in Jourdan’s phosphate rocks, Jourdan intends to increase its focus in the calcium and magnesium sulphate brokering and increase its ability supply secondary macronutrients in mineral form to potential end users.
|Table 1. Selected sample results from Dissimieux Lake, Hache and Cache prospects|
|Sample||Cu||Mo||Ni||Zn||CaO||Fe2O3||K2O||MgO||MnO||P2O5||Property – Zone|
|E5809303||39||2||<1||189||10.2||27.2||0.66||6.46||0.4||4.72||DL – Fleury|
|E5809305||38||2||<1||200||9.79||24.6||0.96||5.26||0.36||4.18||DL – Fleury|
|E5809307||31||<2||2||209||9.48||22.4||0.85||5.22||0.32||3.91||DL – Fleury|
|E5809311||59||<2||<1||213||8.31||30.7||0.59||5.53||0.35||3.65||DL – Fleury|
|E5809318||58||<2||9||212||9.8||24.9||0.6||6.46||0.28||3.52||DL – Fleury|
|E5809319||57||2||3||186||10.9||22.6||0.69||6.15||0.31||3.77||DL – Fleury|
|E5809325||42||<2||17||174||8.81||17.4||0.76||5.58||0.22||3.44||DL – Fleury|
|E5809327||34||<2||27||155||9.56||16.8||0.75||5.85||0.25||3.88||DL – Fleury|
|E5809331||64||7||1||297||14.2||42.6||0.02||4.56||0.54||7.97||DL – Fleury|
|E5809333||46||4||3||350||7.94||40.3||0.82||3.65||0.59||3.38||DL – Fleury|
|E5809334||36||4||7||320||9.45||34.2||0.9||5.11||0.49||4.24||DL – Fleury|
|E5809336||37||6||<1||274||12.5||34.5||0.35||5.77||0.53||3.82||DL – Fleury|
|E5809386||41||2||15||178||9.5||16.1||0.86||4.22||0.17||3.05||DL – Fleury|
|E5809390||44||3||14||294||11.5||23.5||0.85||6.6||0.34||4.1||DL – Fleury|
|E5809393||66||4||11||279||10.1||26.6||0.7||6.96||0.37||3.16||DL – Fleury|
|E5809399||62||<2||51||323||11.5||29.9||0.23||11.4||0.35||7.24||DL – Fleury|
|E5809339||97||2||16||224||9.53||26.43||0.3||4.63||0.28||3.74||DL – Western Structure|
|E5809348||30||5||<1||284||8.61||34.6||0.54||4.02||0.51||3.9||DL – Western Structure|
|K435559||19||3||2||314||8.62||34.6||0.54||4.93||0.57||3.72||DL – Western Structure|
|K435560||39||<2||14||245||10.2||23.9||0.36||6.42||0.3||3.64||DL – Western Structure|
|K435565||22||<2||2||123||10.2||13.7||0.83||2.32||0.19||3.48||DL – Western Structure|
|K435472||38||3||8||236||8.67||26.2||0.86||4.26||0.43||3.2||DL – Western Structure|
|K435479||52||4||4||362||10.6||36.1||0.47||5.25||0.53||6.58||DL – Western Structure|
Fertilizing Crops to Improve Human Health
16 macro and micronutrients are needed by crops, animals and humans (source IFA – International Fertilizer Industry Association) http://jourdan.ca/pdf/20140331micronutrients.pdf
Essential Macronutrients – Primary
K An activator or cofactor in enzymatic reactions. Potassium deficiency only occurs during prolonged fasting. Adverse effects with deficiency include cardiac arrhythmias, muscle weakness, and glucose intolerance.
N An essential component of all proteins. A deficiency often results in stunted growth.
P Phosphorus is the second most abundant mineral in the body, after calcium. Found in almost every food, and as such, deficiencies are rare. Required for proper cell functioning, regulation of calcium, strong bones and teeth, and to provide energy to our cells.
Essential Macronutrients – Secondary
Ca Indispensable for skeletal function with 99% in bones and teeth, calcium also helps with vascular function, muscle contraction, nerve transmission and hormone action.
Mg A low magnesium status is associated with ageing ailments, including atherosclerosis, hypertension, osteoporosis, diabetes mellitus, and some cancers.
S Component of several amino acids essential to humans. Except for vegan diets, deficiencies are rare. Sulphur is needed for production of keratin and helps to keep hair, skin, bone, cartilage and tendons strong and healthy.
Essential Micronutrients – Primary
Zn Deficiency weakens the immune system. Due to the central role of zinc in cell division, protein synthesis and growth, zinc is particularly important for young children, adolescents and pregnant women.
B Essential in plant growth and gaining acceptance as an essential element for animals and humans.
Fe A lack of iron is the most common nutritional disorder in humans worldwide and is most prevalent in the developing world. Symptoms of iron deficiency include anemia, poor growth and labored breathing after mild exercise.
Mo Though a rare genetic disorder, a deficiency of the molybdenum co-factor usually results in premature death in early childhood.
Cu An antioxidant for humans, copper is essential for the immune and nervous system, skeletal health, for iron metabolism and for the formation of red blood cells. Deficiencies lead to anemia.
Mn Manganese deficiency has not been reported for humans. However, symptoms observed in livestock are impaired reproductive performance, skeletal deformities and shortened tendons.
Ni The latest confirmed nutrient essential to plants. Not essential for animals or humans. Soil deficiencies lead to a decrease of plant productivity.
Cl Not essential for animals or humans. Soil deficiencies lead to a decrease of plant productivity.
Essential Micronutrients – Secondary
I Iodine deficiency disorders are cause of the mental impairment of nearly 20 million babies annually during pregnancy and the development of hyperthyroidism (goitre).
Se For humans, selenium has antioxidant, anti-inflammatory, anti-cancer, anti-viral and anti-ageing benefits.
Quality assurance / Quality Control (“QA/QC”)
Surface grab samples averaging 1 kilogram each were taken by qualified personnel from Jourdan. Samples were bagged, sealed and numbered on-site, and delivered to Jourdan’s Mississauga office by Jourdan staff. Blank samples, standards and duplicates were inserted into the sample stream and the full set of samples was transported to AGAT Laboratories in Mississauga, Ontario for analysis. At the laboratory facility, samples were inventoried, weighed and dried; crushed 75% to under 2 millimetres; riffled split with a 250 gram sub-sample pulverized 85% to under 75 microns; then followed by analysis using packages 201-078 Lithogeochemical Analysis by ICP/ICPMS Finish and 201-676 XRF Whole Rock Analysis. Approximately 5% of the samples were submitted to ALS Canada for check analysis.
The technical information in this news release was approved by Mr. Stephen Wallace, P. Geo, VP Exploration of Jourdan Resources, and a Qualified Person under NI 43-101 regulations.
About Jourdan Resources
Jourdan Resources Inc. is a Canadian junior mining exploration company focused on phosphate. We continually strive to maximize shareholder value by targeting the highest quality phosphate projects with a professional and highly experienced management team. Our approach combines creativity, experience, and technical expertise with tenacity and determination to advance existing projects while always being prepared to take advantage of new opportunities that can add value for our shareholders. We are committed to conducting ourselves in an open, professional, and responsible manner, while always remaining available to all shareholders. Our goal is to become the dominant phosphate miner in North America.
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, production, and development of mining properties in phosphates. Our goal is to be the dominant speciality phosphate miner in North America
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this news release.
Cautionary Note Regarding Forward-Looking Statements
Certain statements contained in this news release, including any information as to our strategy, projects, plans or future financial or operating performance and other statements that express management’s expectations or estimates of future performance, may constitute forward-looking information (collectively “forward-looking information”) within the meaning of Canadian securities laws. Forward-looking information may be identified by terminology such as “may”, “will”, “could”, “should”, “expect”, “plan”, “anticipate”, “believe”, “intend”, “estimate”, “projects”, “predict”, “potential”, “continue” or other similar expressions concerning matters that are not historical facts and include, but are not limited to, resource estimates, capital and operating expenditures, economic conditions, availability of sufficient financing, receipt of approvals, satisfaction of closing conditions and any and all other timing, development, operational, financial, economic, legal, regulatory and/or political factors that may influence future events or conditions. Such forward-looking statements are based on a number of material factors and assumptions, including, but not limited to, access to capital markets and other sources of financing and associated cost of funds, final receipt of any required approvals, sufficient working capital for development and operations, access to adequate services and supplies, availability of markets for products, commodity prices, foreign currency exchange rates, interest rates, availability of a qualified work force, availability of manufacturing equipment, no material changes to the tax and regulatory regime, the ultimate ability to execute business plans on economically favourable terms and those material factors and assumptions disclosed in other public filings of Jourdan Resources.
While we consider these assumptions to be reasonable based on information currently available to us, they may prove to be incorrect. Actual results may vary from such forward-looking information for a variety of reasons, including but not limited to, risks and uncertainties disclosed in other public Jourdan Resources filings, changes in general economic, market and business conditions, competition for, among other things, capital and skilled personnel, and other unforeseen events or circumstances, that may cause the actual financial results, performance or achievements of the Company to be materially different from estimated future results, performance or achievements expressed or implied by the forward-looking statements. Copies of the Company’s public filings under applicable Canadian securities laws are available at www.sedar.com. The Company further cautions that information contained on, or accessible through, this website is current only as of the date of filing such information and may be superseded by subsequent events or filings. Other than as required by law, Jourdan Resources does not intend, and undertakes no obligation, to update any forward looking information to reflect, among other things, new information or future events.
Raj Shah has professional experience working for over a half a dozen years at financial firms such as Merrill Lynch and First Allied Securities Inc., ... <Read more about Raj Shah>