Explor Resources Inc. (fka EXSFF)

[douginil]

Joe

The report you shared with us (you posted that it is now up on the web site entitled Timmins Porcupine West Presentation).

Page 9 references Thunder Creek mine (Lake Shores's mine). Thunder Creck started to encounter high grade ore .... at 500m ... 83.4m of 12.75 g/tonne at 889.4m to 972.8m.

P 9
Stated that Explor TPW holes average depth was 300m, average means some are deeper & shallower

P 11
Shows a wide range of hole depths with ore; from 123.7m to 734.1m.
Hole 10-30-W1 shows 3.1m of 135.04 Au g/t down to 657m
Hole 10-39 shows 9.22 g/t over 11.0m down to 734.1m Within the 11m there was a 4.1m section at 23.69 g/t

Look at the diagram on p 16. We do not know where the bottom of the "U" shaped deposit is.

Remember the phrase "open at depth" has often been used, so if we drill down to 1500m we may see more and richer ore. However, the drilling to date already appears to support commercial development.

It is a judgement call as to continue drilling to identify the limits (East - West - North - South) of the ore deposit versus drlling to deeper depths, or drill to search for a "glory hole".

During the mine development phase additional drilling will be done to identify the depths for planning the mine.

Doug