InvestorsHub Logo
Followers 0
Posts 308
Boards Moderated 0
Alias Born 06/10/2011

Re: None

Wednesday, 05/24/2017 8:22:05 AM

Wednesday, May 24, 2017 8:22:05 AM

Post# of 129
$EXS...TIMMINS PORCUPINE WEST DRILLING UPDATE...Being a proud parent, and grandparent, I am both shocked, & horrified by the Manchester bombing. I’m certain I speak for all of us, sending our condolences to all the families affected by this sinister event. I can not imagine, or fathom, the depth of despair those people are feeling as I write these words. I have often commented on economic, and geopolitical events, and their ultimate impact on the markets generally, and GOLD specifically. This event, and others like it, shake everyone to the core, evoking anger, fear, and the belief our security is threatened. Ironically, I’m sad to say, all of that is positive for GOLD, the Precious Metals sector, and, of course, ultimately, for Explor Resources.
Last week’s video interview has been very well received. I’ve had a number of messages, and calls that expressed that attitude, especially the impromptu nature of it. Its just two guys talking about the Company, focussed on the current drilling at the Timmins Porcupine GOLD Deposit. For those of you that haven’t seen it, link to http://www.abnnewswire.net/press/en/88378/exs. My sources near the TPW are indicating that the deepening of Hole #109 is nearing completion, having surpassed the 800meter mark this past Monday, May 22nd. Obviously, the extracted core is being visually inspected, logged, sawed, and prepped for lab analysis. Once the work on #109 is finished, Chris Dupont’s ‘Step Out’ plan will commence, drilling to improve the TPW Resource Estimates. I will monitor progress, and report as quickly as I can. For a really good visual, watch this Explor animation, giving viewers not only an excellent perspective on the location, size & scope of the Timmins Porcupine GOLD Deposit, but also shows the location of some of the Company’s property holdings along the prolific Porcupine Destor Fault, in, & around Timmins, Ontario. https://drive.google.com/file/d/0B3Btkfz2LcyATkJNZGpKempYTlk/view. I would also suggest you review the TPW Presentation, at http://explorresources.com/assets/docs/presentations/Explor-Resources-TPW-Presentation-March-01-2016.pdf. I especially like Page 15, presenting actual pictures of core samples obtained during previous work at the site, and, the GOLD gradings associated with those samples, ranging from 29.58grams/tonne to 56.05grams/tonne. Those are really good grades. You never know, maybe even better this time around?
Dupont is heading to Timmins for the annual ‘Canadian Mining Exposition’ taking place at the end of the month. Hopefully, with continued success at the TPW GOLD Deposit, the Explor booth will be a very popular place this year. https://canadianminingexpo.com/ Explor Resources R1-11 (Arena 2 and Upper Deck).
The only other item to report is geologists on scene at the Company’s East Bay GOLD prospect in Quebec are apparently prospecting some interesting outcrops, before commencing the proposed drilling at the site.

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.