Typhoon Exploration Inc.

Published : April 16th, 2008

ACQUISITION OF A PROPERTY WITH URANIFEROUS POTENTIAL

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ACQUISITION OF A PROPERTY WITH URANIFEROUS POTENTIAL

 

Laval, Canada April 16, 2008 � Typhoon Exploration Inc. (� Typhoon �) announces that it has reached an agreement to acquire a 100% interest in the U3O8 property.

 

The property is comprised of 57 claims, located in the Havre Saint-Pierre area.  Due to this property�s proximity to the C�te-Nord property, 100% owned by Typhoon, it benefits from the same access advantages. This addition will permit a survey of the some expansions of the mineralization discovered during the autumn 2007 campaign.

 

Following the terms and condition of the agreement, Typhoon has committed to issue 950 000 common shares and to disburse 6 000 $ CAN to the vendor upon signature of the contract..  The property has a 2% royalty in favour of the vendor, if the mine is placed into commercial production.

 

Typhoon hired the consulting firm Modelaur to proceed with a petrographical survey of various mineral bearing facies. The result of this survey shows that the mineralization discovered on the C�te-Nord property is mainly constituted of uranothorite. A common vector seems to unite the various petrographical phases surveyed; the increase of chloritization observed at the biotite level. This increase of chloritization could have favoured, to a certain extent, a further remobilization of the uranium.  This practical hypothesis will be applied on site during the 2008 campaign.

 

Mr. Robert Gagnon, P. Geo., Technical Advisor, a Qualified Person as defined by National Instrument 43-101, supervised the preparation of the information in this news release.

 

The common shares of Typhoon Exploration are listed on the TSX Venture Exchange under the symbol � TOO �. 

 

Contact & Information

 

T�l. : (450) 622-4066 � T�lec.. : (450) 622-4337
Toll free 1- 877- 622-4004
 
info@explorationtyphon.com
www.explorationtyphon.com

 

TSX-V : TOO

 

Statements in this release that are not historical facts are � forward-looking statements � within the meaning of the U.S. Private Securities Litigation Reform Act of 1995. Readers are cautioned that any such statements are not guarantees of future performance, and that actual developments or results may vary materially from those in these � forward-looking statements �. The TSX Venture Exchange does not accept responsibility for the adequacy or accuracy of this release.

-30-

Typhoon Exploration Inc.

EXPLORATION STAGE
CODE : TYP.V
ISIN : CA9023976033
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Typhoon Expl. is a gold exploration company based in Canada.

Typhoon Expl. holds various exploration projects in Canada.

Its main exploration properties are MONEXCO / MCCORKILL, AIGUEBELLE - GOLDFIELDS, U3O8, FAILLE 1, DESTORBELLE and FAYOLLE in Canada.

Typhoon Expl. is listed in Canada, in Germany and in United States of America. Its market capitalisation is CA$ 1.6 millions as of today (US$ 1.3 millions, € 1.1 millions).

Its stock quote reached its lowest recent point on February 20, 2009 at CA$ 0.01, and its highest recent level on September 24, 2010 at CA$ 1.71.

Typhoon Expl. has 36 180 000 shares outstanding.

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Annual reports of Typhoon Exploration Inc.
2008 Annual Report
Financings of Typhoon Exploration Inc.
12/11/2012Preparing for a $150,000 Private Placement
Option Grants of Typhoon Exploration Inc.
4/15/2013Grants Options
2/14/2011Grant of 570,000 stock options
Project news of Typhoon Exploration Inc.
9/25/2013(Fayolle)Exploration Program Underway on the Fayolle Project
5/8/2013(Fayolle)Update on the Fayolle Project
6/28/2011(Fayolle)Undertakes Airborne Magnetic Geophysical and Electromagnetic...
5/18/2011(Destorbelle)and its Partner Are Analyzing Results From the Drilling Camp...
3/17/2011(Fayolle)Announces an Average of 22.2 g/t Gold for Drilling in 2010
2/23/2011(Fayolle)New Discovery of Gold and Silver at More Than 750 Meters of ...
2/16/2011(Fayolle)Hits 7.14 g/t Gold Over 10.00 Metres, 318 g/t Silver and Con...
2/15/2011(Aiguebelle - Goldfields)Has Begun a Drilling Campaign on the Aiguebelle-Goldfields P...
2/14/2011(Destorbelle)The Drilling Campaign on the Destorbelle Project Is on Sched...
2/28/2008(Fayolle)Moves In Another Drill and Identifies New Targets at Fayolle
5/24/2007(Aiguebelle - Goldfields) Updates Property Explorations
2/21/2007(Fayolle)Resource Grades at Fayolle showing similar to other Gold min...
Corporate news of Typhoon Exploration Inc.
7/13/2015Typhoon Exploration Announces the Publication of the NI 43-1...
3/31/2015Typhoon Acquires Two New Properties
3/31/2015Acquires Two New Properties
2/27/2015Typhoon Grants Options
12/30/2014Typhoon Exploration Inc. Closes a Second Tranche of a Privat...
12/17/2014Typhoon Exploration Inc. Closes a $171,500 Private Placement
10/21/2014Typhoon and Hecla Will Initiate an Exploration Campaign on t...
7/31/2014Update on the Joint Venture Between Typhoon and Hecla
6/26/2014Typhoon Shareholders Approved Resolutions at the 2014 Annual...
5/21/2014Typhoon Exploration Carried Out Soil and Magnetic Ground Sur...
5/9/2014Typhoon Exploration: Amendment to Stock Option Plan
4/29/2014Typhoon Exploration: Second Drillhole Results from the Cinco...
4/17/2014Typhoon Exploration Announces the Acquisition of a Building ...
4/15/2014Typhoon Exploration Receives its First Drilling Assay Result...
10/29/2013(Fayolle)Visible Gold at Fayolle
10/23/2013Very Active with 3 Exploration Programs Underway
10/1/2013Adopts Advance Notice By-Law
8/8/2013Shareholders Unequivocally Approved Resolutions at the 2013 ...
7/30/2013Annual General Assembly is Scheduled for August 8th, 2013
7/30/2013Annual General Assembly is Scheduled for August 8th, 2013
6/10/2013Amends Option Agreement
5/2/2013(Fayolle)Aurizon Continues Its Work on Fayolle
4/9/2013(Fayolle)Positive Preliminary Economic Assessment Options for the Fay...
3/15/2013Announcement
10/30/2012(Fayolle)The Fayolle Deposit is at an Advanced Stage and Hosts Signif...
10/9/2012Announces Results of Reconnaissance Work on the Nordair Prop...
7/13/2011(Fayolle)and Aurizon Mines Ltd. Intersects 1,480 g/t Au at More Than ...
6/13/2011Completes a Second Placement With Aurizon Mines Ltd
3/8/2011Welcomes Jean-Pierre Thomassin in its Management Team
1/25/2011Has Begun its Drilling Campaign at Destorbelle
4/16/2008ACQUISITION OF A PROPERTY WITH URANIFEROUS POTENTIAL
12/28/2007 Obtains Receipt For Final Prospectus
8/3/2007Shareholders Approve Resolutions at Annual Meeting
6/19/2007Acquires Key Ground near Goldcorp
6/12/2007Obtains 125 G/T Gold on Monexco
2/6/2007Nouvelles Exploration typhon - News
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