Explor Resources Inc. (TSX VENTURE:EXS
- News) is pleased to
announce the commencement of a 2500 meter Diamond Drilling Program on its
Destor Gold Property. The Destor Property is located in located in the
central part of Destor township approximately 30,6
km north of Rouyn-Noranda, Quebec. Excellent access is provided by Highway
393 that traverses the northern part of the property and connects to the town
of Duparquet, Quebec. The property consists of 10 mining claims covering an
area of approximately 279 hectares.
The property is located in a greenstone
belt approximately 1 km north of the Porcupine Destor Fault Zone, a major
structure which is spatially related to several major gold deposits. Numerous
faults, shears and other structural features closely related to the main
Porcupine Destor Fault Zone occur on the claim group. The two most
significant faults on the claim group are the Duquesne and the Lepine Lake
Faults.
The Destor Property is located halfway
between the former Beattie Gold Mine and the Aiguebelle mine. The southern
portion of the Destor Property hosts similar sheared and faulted feldspar
porphyries which host the past-producing Duquesne mine located 1,6 km along strike to the east.
Explor has completed a VTEM survey on
the property and compiled all known public and private geological data.
Several high priority targets have been generated and a 10 hole, 2500 meter
drill program is planned on the property.
Chris Dupont P.Eng is the qualified
person responsible for the information contained in this release.
Explor Resources Inc. is a publicly
listed company trading on the TSX Venture Exchange (EXS).
This press release was prepared by
Explor Resources Inc. Neither TSX Venture Exchange nor its Regulation
Services Provider (as that term is defined in the policies of the TSX Venture
Exchange) accepts responsibility for the adequacy or accuracy of 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.
This document may contain
forward-looking statements relating to Explor's operations or to the
environment in which it operates. Such statements are based on operations,
estimates, forecasts and projections. They are not guarantees of future
performance and involve risks and uncertainties that are difficult to predict
and may be beyond Explor's control. A number of important factors could cause
actual outcomes and results to differ materially from those expressed in
forward-looking statements, including those set forth in other public
filling. In addition, such statements relate to the date on which they are
made. Consequently, undue reliance should not placed
on such forward-looking statements. Explor disclaims any intention or
obligation to update or revise any forward-looking statements, whether as a
result of new information, future events or otherwise, save and except as may
be required by applicable securities laws
|