Explor Resources Inc.
15 Gamble St. E., Suite 204
Rouyn Noranda, QC
Canada J9X 3B6
800-388-8668 or 819-797-4630
Investor Relations: Gary Lindsay
Stratastar Marketing Group LLP
CIBC Mellon Trust
P.O. Box 2517
600 Dome Tower
333 7th Ave., S.W.
Calgary, ALB T2P 4P4
Explor Resources Inc. is a gold and base metals exploration company with mineral holdings in Ontario, Quebec and Saskatchewan. The company is currently focused on exploration in the Abitibi Greenstone Belt of Ontario and Quebec, where more than 180 M ounces of gold and more than 450 Mt of Cu-Zn ore have been found to date. Explor's total land position in the Abitibi Greenstone Belt is approximately 10,434 hectares. Explor also owns 1,991 hectares of mining claims in Saskatchewan and 250 hectares in New Brunswick.
The Timmins Porcupine West Gold Property is located in Bristol and Ogden Townships in the Porcupine Mining Division , District of Cochrane, Province of Ontario. The property consists of 106 unpatented mining units located in the Bristol and Ogden Townships in the Timmins-Porcupine Mining Camp for a total 1,930 hectares. The property is bisected by highway 101 and can be accessed from the city of Timmins located 13 km to the east. The property is contiguous with West Timmins Mining Inc. (WTM) where WTM intersected 83.40 meters (273.55 feet) grading 12.75 g/t (0.37 oz/t) on their property. (WTM Press Release June 24, 2009)
History and Geological Background:
The property has been explored since 1927 by numerous ground geophysical surveys and diamond drilling of up to 111 holes. In 1984, Dome Exploration discovered and delineated a gold mineralized zone that is approximately 350 meters long and 45 meters wide. The zone strikes east northeast and dips to the north at 70 to 80 degrees. Drill programs by Teck Corporation, Cameco Gold and TOM Exploration Inc., have extended the mineralization to 350 meters of depth. The gold mineralization to date appears to be associated with a major porphyry unit. Cameco's 2002 drilling program at Timmin's Porcupine West Gold property confirmed a large gold system - 2000 meters along strike, up to 1500 meters wide and more than 600 meters deep. (report filed with Ontario Ministry of Mines in 2002).
The most significant deposits in Timmins are spatially associated with porphyry units that are in proximity to the Porcupine Destor Fault. The deposits appear to be also associated with splay faults that trend off to the North of the Porcupine Destor fault inside an interpreted splay fault corridor as shown on the attached plan.
The Timmins Porcupine West Project has as a Target Model "The Hollinger-McIntyre-Coniaurum System." The Hollinger-McIntyre-Coniaurum (HMC) System has produced a total of over 30 million oz of gold is spatially associated with the Pearl Lake Porphyry. The high-grade gold bearing quartz veins which hosted the bulk of the gold at the HMC occurred in the adjacent mafic volcanics, located outboard from the porphyry itself.
Explor intends on the utilization of the existing historical data to create a 3D litho and mineralization model to generate high quality drill targets with an interpreted significant gold mineralization inside that corridor favourable rock package.
Timmins Porcupine West Exploration video http://explorresources.com/_resources/videos/Explor_Timmins_Porcupine_West.html
B-TV Video http://www.b-tv.com/features/watch-now.html?id=479
TPW geology and drill hole location map
TPW geology and drill hole location map
Chris Dupont, President and CEO Jacques Frigon, CFO and Corporate Secretary Directors
- ADR - OTC Market Tier - Current Information
- Incorporated in Canada
- Company Officers
- Christian Dupont of Janeville New Brunswick
- Geoff Carter of Toronto, Canada
- Mario Colantonio of Porcupine Ontario
- Jacques Frigon of Amos, Quebec
Fiscal Year End - 12/31 Share Structure:
- Dallaire & Lapointe, Inc.
Outstanding Shares -106.1 million
Warrants Outstanding - 13 million
Broker Warrants - 2 million
Options Outstanding - 10.3 million Fully Diluted Shares -131.4 million
ChrisDupont, P.Eng., President and Director
Mr. Dupont is a mining engineer and has been active in the mining industry since early 1970's. He has been involved with junior public companies for more than 15 years. Mr. Dupont has previously held positions as senior mining engineer for Noranda and chief engineer for Exall Resources, as well as project manager for Luzenac Inc., a producer of micronized talc products. His past experience includes President and Director of Kayorum Gold Mines from 1992 to 1997, Director of Fieldex Exploration from 1997 to 1998 and Vice President and Director of TOM Exploration from 2000 to 2006.
Mr. Frigon is a lawyer who has been involved in the exploration industry since 1992. He has held the position of Director for Greenshield Resources Inc. and Fieldex Exploration Inc. Mr. Frigon became member of Explor Resources' Board of Directors in November of 2007.
GeoffCarter, P.Eng., Director
Mr. Carter is a mining engineer and has been active in the mining industry since the late 1960's and involved with public companied for more than 30 years. He has held positions at Anglo American, Hudson Bay Mining & Smelting, and was Vice-President at Inspiration Coal. He has also been a director and president of Ourominas Minerals, director of Bankers Petroleum and Trans Atlantic Enterprises. Since 1990, Mr. Carter has been involved in independent research, due diligence reports, NI 43-101 reports and valuations, as well as general corporate advisory for the mining industry.
Mario Colantonio, P. Eng.
Structural Engineer / Principal
Porcupine Engineering Services Inc.
200-81 Shamrock Ave(formerly Commercial),
PO Box 1348
South Porcupine, ON, P0N 1H0
Office (705) 235-2110
Fax: (705) 235-3316
Important Historical Information -Why the HMC Model indicates TPW will have 20-30mil oz. of Gold:
The McIntyre-Hollinger, also known as the Schumacher Mine, has been in continuous production since the early 1900's and had produced over 902 t (29 Moz) of gold to 1985. Mineralisation is present as a series of quartz-ankerite veins, stockworks and sinuous lodes and stringers crosscutting the host rocks. These veins outcrop on the Hollinger leases and plunge north-easterly through the McIntyre Mine. They branch at the western end of the Pearl Lake Porphyry (a quartz-albite-sericite schist) and continue east in mafic hosts on both margins of the approximately east-west elongated porphyry body. Individual veins often parallel foliation and fold hinges, while the system as a whole follows the dominant NE trending fold axes. In addition, at McIntyre, there is disseminated auriferous pyrite and quartz vein and stringer mineralisation within carbonaceous and graphitic material.
The weather forecast at Kidd Creek
May 11, 2011 - Explor Intersects 8.12 g/t over 15.3 meters - Press Release:
April 19, 2011 - Explor Intersects 9.41 g/t over 7.5 meters on TPW - Press Release
February 17, 2011 - Explor Intersects 135.04 g/t over 3.1 meters on TPW - Press Release
February 8, 2011 - Explor Starts Drilling Kidd Creek Township Property
Explor's April 6, 2010, Press Release:
Explor's April 21, 2010, Press Release:
Explor's May 6, 2010, Press release:
Explor's May 10, 2010, Press Release:
Explor's August 11, 2010, Press Release:
Explor Acquires Golden Harker PropertyFont size: A | A | A11:26 AM ET 12/30/10 | Marketwire
Explor Resources Inc. (TSX VENTURE: EXS) is pleased to announce the acquisition of a 15 mineral claims package totalling 242.8 hectares, situated in Harker Townships in the Larder Lake Mining Division, District of Cochrane, Province of Ontario, known as the Golden Harker Property.
Explor Resources inc., will pay a total of $25,000 CDN and issue 400,000 common shares for an Option to acquire a 100% interest in the Golden Harker Property. The Optionors have retained a 2.0% NSR in the property. This acquisition is subject to regulatory approval.
Details of Explor's Progress and Prospects for the Future, plus a Corporate Profile:
June 6, 2011
Michael Ballanger: Buy Gold Stocks in May and Make Some Hay (myself)!
by The Gold Report
April 20, 2010
Michael Ballanger: There's Still Money in the Juniors
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