Mr. Michael Dehn reports

JOURDAN ACQUIRES 100% OF HACHE PHOSPHATE PROPERTY, NEAR SAGUENAY, QUEBEC

Jourdan Resources Inc. has acquired 100-per-cent interest in the 87-square-kilometre Hache phosphate property, composed of 155 claims and located 500 kilometres north the town of Saguenay, 20 kilometres west of Jourdan's Cache phosphate property, and contiguous with Glen Eagle Resources' Moose Lake property in the province of Quebec, Canada. The Hache phosphate property is 10 kilometres due west and 12 kilometres due east of the La Hache-Est historic resource.

To acquire the Hache phosphate property, Jourdan will issue 600,000 shares within five days of the TSX Venture Exchange's approval. No additional consideration is being paid for the acquisition, and there are no royalties on the properties.

The Hache phosphate properties are 10 kilometres due west and 12 kilometres due east of the La Hache-Est historic resource. The La Hache-Est historic resource (source: Sigeom/La Hache-Est non-metallic mineral deposit and GM 23170 (Nov. 1 1968), Soquem Rapport des Travaux, Explorations Terre Nova Ltee Project 13-778-01 La Hache-Est) is reported as 20.32 million tonnes containing 24.75 per cent iron, 5.15 per cent titanium and 5.21 per cent phosphorus pentoxide. This project was originally looked at as a potential source of iron ore, and at the time had not been considered for its potential for phosphate or titanium.

The northeast claims of the Hache phosphate property are contiguous with the Moose Lake project of Glen Eagle Resources, with part of the Hache phosphate property surrounded by the Moose Lake project claims on the north, east and south. The Hache phosphate property is within five kilometres of the drilling on the Lac Original zone on the Moose Lake project. Previous significant results released by Glen Eagle Resources on the Lac Original zone are shown in the attached table.

    SIGNIFICANT RESULTS FROM GLEN EAGLE
  RESOURCES' MOOSE LAKE PROJECT, ADJACENT 
   TO JOURDAN'S HACHE PHOSPHATE PROPERTY 
    (ALL RESULTS HAVE BEEN PREVIOUSLY 
     RELEASED BY GLEN EAGLE RESOURCES)

Hole        From     To Length   P2O5      Release
              (m)    (m)    (m)    (%)        date

LO1203      13.5   84.0   70.5    4.7   2012-05-23
LO1208       3.5   57.5   54.0    5.4   2012-07-31
LO1209       3.5  102.0   98.5    3.9   2012-08-08
LO1212       4.0   68.5   64.5    5.3   2012-08-08
LO1210      45.5  105.0   59.5    5.1   2012-09-18
LO1211      10.9  102.0   91.1    3.8   2012-09-18
LO1213       4.0   80.0   76.0    5.7   2012-09-18
LO1213      16.0   80.0   64.0    6.1   2012-09-18
LO1217       3.6   62.1   58.5    5.0   2012-09-18
LO1224       4.5   76.5   72.0    5.4   2013-02-04
LO1236      39.0   93.0   54.0    5.4   2013-02-04
LO1238      43.5  102.0   58.5    6.0   2013-02-04

The Hache phosphate property is 20 kilometres due west of Jourdan's Cache phosphate property. Although the Lac Hache phosphate property has not been explored for phosphate historically, recent airborne geophysics indicated narrow very magnetic rock units, similar in geophysical response to the Cache, Sault Au Cochons and Lac Catherine phosphate properties. Jourdan's previous success at Dissimieux Lake have aided in developing a more-regional phosphate exploration model that has led to these recent property acquisitions by the company.

"Jourdan continues to target and acquire properties that are foundation building in a regional phosphate production model with the idea of using a central production facility for many properties," stated Michael Dehn, Jourdan's president and chief executive officer. "By looking at surface zones of phosphate mineralization and areas relatively close to infrastructure, we feel this model opens up the North Shore for phosphate exploration from Saguenay to Sept-Isles."

Jourdan continues to target and consolidate low-risk and high-potential-value phosphate properties along the north shore of the St. Lawrence River near Baie Comeau, Que. The results reported by Arianne for its Lac A Paul feasibility study, as well the Mine Arnaud partnership owned by Investissement Quebec (a Crown corporation) and Yara International ASA (a Norwegian company), demonstrate that large economic phosphate deposits in the region where Jourdan operates is not a unique occurrence.

Completion of the acquisition remains subject to TSX-V approval. The securities of the company to be issued on acquisition will be subject to a four-month hold period.

The technical information in this news release was approved by Stephen Wallace, PGeo, vice-president, exploration, of Jourdan Resources, and a qualified person under National Instrument 43-101 regulations.

We seek Safe Harbor.