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$EXS...PDAC DAY ONE...PDAC 2018 kicked off at 9:00AM

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Goodwithtoys   Monday, 03/05/18 09:25:03 AM
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$EXS...PDAC DAY ONE...PDAC 2018 kicked off at 9:00AM Sunday. A variety of folks descended onto the Explor Booth #2122 immediately, and all four of the Company’s representatives sprung into action. It was a very busy day, with, as expected, quite a few private investors looking for corporate updates & information. I had the opportunity to review the latest TPW (Timmins Porcupine West GOLD Deposit) Power Point presentation, in written form, and was struck by the quality of the work, and its content. It hasn’t been uploaded to the website as yet, but will be shortly. Chris Dupont has been working hard on a plan to actually put the TPW into production. Apparently, we have a total of 8 GOLD veins in the Central Pit area of the known deposit, measuring roughly 750x570meters. Its estimated we have about 250,000ounces of GOLD at an average of 2grams per tonne in that portion of the known deposit. Its pretty obvious that Dupont has put all of his 40 years of Mining Engineering experience to the task of putting forward a very convincing scenario to investors, and lenders. Following some further delineation drilling at the Central Pit site, lenders will have all the information needed to finalize loan agreements, and the permitting process can begin. Dupont seemed very encouraged by the quality, and number of serious investors that spent time at the booth. Most seemed quite impressed with the TPW plan moving forward. I’m also hearing that the East Bay results may be announced as early as later today. Its rumoured we have a couple of impressive intersections. I’ll report more from the PDAC tonight, or tomorrow morning.

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