Explor Resources Inc.

Published : January 09th, 2008

Acquires Moose Brook Copper Property

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EXPLOR RESOURCES INC. TSX.V:EXS

 

 

 

Explor Resources Acquires Moose Brook Copper Property

 

EXPLOR ACQUIRES MOOSE BROOK COPPER PROPERTY
Rouyn-Noranda, Canada, January 8, 2008

Explor Resources Inc. is pleased to announce the acquisition 16 mineral claims totalling 250 hectares, situated in Restigouche County, province of New Brunswick, known locally as the Moose Brook Group.

Explor Resources inc., will pay $25,000 CDN and issue 200,000 common shares for an Option to acquire 100% interest in the Moose Brook mineral claims. The optionee has retained a 2.0% NSR in the property. This acquisition is subject to regulatory approval.

The Moose Brook Copper Property is located in Restigouche County, near Mount Carleton Provincial Park,
1.0 kilometer north of Mount Villebon and 3.0 kilometers south of Highway 180 in the province of New Brunswick. The property can be reached from Bathurst via Highway 180 on all weather gravel road to Saint Quentin, New Brunswick.

The Moose Brook copper occurrence is in a relatively unexplored part of northern New Brunswick, in Lower Devonian rocks of the Tobique Chaleurs Zone. Cu-sulphide mineralization occurs in a quartz stockwork that is hosted by a vitrophyric rhyolite flow. This rhyolite is intercalated with westerly-dipping, shallow marine sedimentary rocks. The rhyolite exhibits a well-developed tectonic fabric so it is probably synvolcanic. To the southwest felsic rocks become abundant whereas, to the east mafic rocks become volumetrically more significant. Grab samples collected from trenches have yielded up to 6 wt. % Cu. There is potential for a porphyry-Cu deposit at relatively shallow depth. Explor plans on conducting a two phase exploration program. Phase I will consist of line cutting and geophysics to determine the location of the structural targets. Phase II will consist of diamond drilling the identified target or targets.

Chris Dupont P.Eng is the qualified person responsible for the information contained in this release.

About Explor Resources Inc.
Explor Resources Inc. is a Canadian-based natural resources company with mineral holdings in Ontario, Quebec, Saskatchewan and New Brunswick. Explor is currently focused on exploration in the Abitibi Greenstone Belt. The belt is found in both provinces of Ontario and Quebec with approximately 33% in Ontario and 67% in Quebec. The Belt has produced in excess of 180,000,000 ounces of gold and 450,000,000 tonnes of cu-zn ore over the last 100 years. The Company is headquartered in Quebec and was incorporated in Alberta in 1986.
Explor Resources Inc. is a public listed company trading on the TSX Venture (EXS).

This press release was prepared by Explor Resources inc. The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this release.

For further information contact:
Chris Dupont, President
Tel: 800.388.8668
www.explorresources.com

Investor Relations:
Carol Kim, The Buick Group
Tel: 877.748.0914 Ext. 304
ckim@buickgroup.com

 


 





Explor Resources Inc.

EXPLORATION STAGE
CODE : EXS.V
ISIN : CA30215D2086
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Explor Resources is a gold and copper exploration company based in Canada.

Explor Resources holds various exploration projects in Canada.

Its main exploration properties are MONTROSE, DESTOR, EASTFORD LAKE, KIDD TOWNSHIP, SAUVE, GOLDEN HARKER, EAST BAY, OPAWICA, LAUNAY, CARNEGIE, NELLIGAN, TIMMINS PORCUPINE WEST and PG-101 in Canada.

Explor Resources is listed in Canada and in United States of America. Its market capitalisation is CA$ 4.4 millions as of today (US$ 3.4 millions, € 3.0 millions).

Its stock quote reached its highest recent level on March 05, 2010 at CA$ 8.10, and its lowest recent point on June 07, 2019 at CA$ 0.02.

Explor Resources has 146 770 000 shares outstanding.

Your feedback is appreciated, please leave a comment or rate this article.
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Financings of Explor Resources Inc.
6/13/2013Closes a Private Placement of $750,000
2/19/2013Closes a Private Placement of $1,600,000
Option Grants of Explor Resources Inc.
3/13/2013Hires European Investor Relations Firm
7/14/2011Continues With Investor Relations Firm
1/31/2011Grants Stock Options
1/28/2010Grants 2,650,000 Stock Options at $ 0,92
4/7/2008(angl) Grants 1,800,000 Stock Options at $ 0,30
2/19/2008Amendment : increase of Stock options plan to 6,759,986
Nominations of Explor Resources Inc.
7/2/2013Appoints Jonathan Challis to the Board of Directors
Project news of Explor Resources Inc.
9/24/2013(Timmins Porcupine West)Intersects 3.23 g/tonne Au Over 6.0 Meters on Timmins Porcup...
8/13/2013(Timmins Porcupine West)Intersects 5.10 g/tonne Au Over 4.5 Meters on Timmins Porcup...
5/30/2013Resource Update
4/2/2013(Timmins Porcupine West)Intersects 6.90 g/tonne Au Over 6.5 Meters on Timmins Porcup...
1/10/2013(Timmins Porcupine West)To Begin 10,000 Meter Diamond Drill Program On Timmins Porcu...
10/25/2012CORRECTION FROM SOURCE: Explor Resources News Release
10/25/2012(Timmins Porcupine West)Intersects 6.14 g/tonne Au Over 4.50 Meters on Timmins Porcu...
9/26/2012(Timmins Porcupine West)Intersects North Limb of Syncline on Timmins Porcupine West
5/11/2011(Timmins Porcupine West)Intersects 8.12 g/tonne Au Over 15.3 Meters on Timmins Porcu...
3/22/2011(Timmins Porcupine West)Increases Timmins-Porcupine West Property
2/17/2011(Timmins Porcupine West)Intersects 135.04 G/Tonne AU Over 3.1 Meters on Timmins Porc...
2/4/2011(Eastford Lake)Eastford Lake Drill Program Update
1/10/2008(Eastford Lake) Begins Phase IV Exploration Program on Eastford Lake
Corporate news of Explor Resources Inc.
7/28/2016Explor Increases East Bay Property
7/5/2016Explor Closes a Private Placement of Unsecured Convertible D...
6/6/2016Explor increases Kidd Township Property
5/27/2016Explor Increases Ogden Property
5/17/2016Explor Announces Kidd Township Property Diamond Drilling Pro...
5/4/2016Explor Closed a Private Placement of Unsecured Convertible D...
4/20/2016Explor Issues Shares for Services to Agora
4/8/2016Explor Signs Memorandum of Understanding With First Nations
4/8/2016Explor Announces Ogden Property Diamond Drill Program
4/8/2016Explor Resources launches Agora online Marketing and Awarene...
1/14/2016Explor Board of Directors Approves the Restatement of Shareh...
1/14/2016Explor Board of Directors Approve Restatement of the Shareho...
11/4/2015Explor Completes Drill Program in Duparquet on East Bay Gold...
11/4/2015EXPLOR ANNOUNCES START OF DIAMOND DRILL PROGRAM ON TIMMINS P...
11/4/2015Explor Closed a Private Placement of Unsecured Convertible D...
11/4/2015Explor announces a private placement of unsecured convertibl...
11/3/2015Explor Closed a Private Placement of Unsecured Convertible D...
10/28/2015Explor Announces a Private Placement of Unsecured Convertibl...
10/19/2015Explor Announces Start of Diamond Drill Program on Timmins P...
10/6/2015Explor Completes Drill Program in Duparquet on East Bay Gold...
7/22/2015Explor Increases Kidd Township Property
4/21/2015Explor’s Timmins Porcupine West Update
4/21/2015Explor's Timmins Porcupine West Update
3/17/2015Explor Increases Kidd Township Property
2/18/2015Explor Adds European Representation To The Board
2/18/2015Explor Adds European Representation to the Board
2/10/2015Explor Announces the Closing of a Private Placement of Unsec...
1/5/2015Explor Closes A Private Placement For An Amount Of CDN $315,...
1/5/2015Explor Closes a Private Placement for an Amount of CDN $315,...
12/29/2014Explor Signs Option Agreement and Private Placement for the ...
12/29/2014IIROC Trading Resumption - EXS
12/29/2014Explor Signs Option Agreement and Private Placement for the ...
12/24/2014IIROC Trading Halt - EXS
12/23/2014Explor Acquires Ogden Claims
12/23/2014Explor Acquires Ogden Claims
12/22/2014Explor Resources Closes Transaction For The Sale Of The Ches...
12/22/2014Explor Resources Closes Transaction for the Sale of the Ches...
11/25/2014Explor Completes an Exploration Program on the Launay Nickel...
11/5/2014Explor Closes A First Tranche Of A Private Placement For An ...
11/5/2014Explor Closes a First Tranche of a Private Placement for an ...
12/20/2013News Release
12/18/2013News Release
12/7/2013News Release
11/14/2013News Release
10/22/2013News Release
10/22/2013Annual and Special Meeting
9/24/2013News Release
9/17/2013News Release
8/27/2013News Release
8/27/2013Reports NI 43-101 Resource Update: 609,000 Indicated Au oz; ...
7/10/2013News Release
7/8/2013News Release
7/2/2013News Release
6/4/2013Signs Memorandum of Understanding With First Nations
5/24/2013Hires Canadian Investor Relations Firm
5/22/2013News Release
4/16/2013News Release
4/10/2013News Release
4/2/2013News Release
3/15/2013News Release
3/13/2013News Release
2/20/2013News Release
2/19/2013News Release
1/18/2013News Release
10/25/2012News Release
9/26/2012News Release
7/7/2012Continues With Investor Relations Firm
6/6/2012News Release
5/15/2012News Release
5/1/2012News Release
4/23/2012News Release
4/17/2012News Release
4/5/2012News Release
3/27/2012News Release
3/15/2012News Release
3/13/2012News Release
3/8/2012News Release
2/23/2012News Release
2/14/2012News Release
1/18/2012News Release
12/20/2011News Release
12/9/2011News Release
12/9/2011News Release
12/5/2011Reports Initial NI 43-101 Resource / 127,000 Indicated Au oz...
10/14/2011News Release
10/13/2011News Release
10/6/2011News Release
9/23/2011News Release
8/30/2011News Release
8/25/2011News Release
8/17/2011News Release
8/3/2011News Release
7/6/2011(Timmins Porcupine West)to Host an Open Conference Call and Webconference to Discuss...
5/11/2011News Release
5/3/2011News Release
1/21/2008Increases East Bay Gold Property
1/9/2008 Acquires Moose Brook Copper Property
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