| Typhoon Will Begin an Exploration Program of Approximately $200,000 | |
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LAVAL, CANADA--(Marketwired - May 4, 2015) - TYPHOON EXPLORATION INC. ("Typhoon") (TSX VENTURE:TYP) is pleased to announce that it will begin shortly the 2015 exploration program on its Ranger and Sommet Properties (100%-owned), located near Mont-Brun in Abitibi. This exploration program will include prospecting, sampling and channel sampling. RANGER The Ranger property comprises 13 mining claims covering a surface of approximately 556.16 hectares (5.6 km2) and it is adjacent to the Fayolle Property, which contains more than 188,000 ounces of gold in the indicated category (see press release dated Sept. 6, 2012). SOMMET The Sommet property comprises 11 mining claims covering a surface of approximately 467.86 hectares (4.7 km2) and it is adjacent to the Trésor property from Axe Exploration. (See map below) ABOUT TYPHOON EXPLORATION INC. - Typhoon Exploration Inc. has only 32,506,791 shares outstanding.
- The Fayolle Property offers the potential to host important gold resources.
- Typhoon Exploration Inc. is in an excellent financial position with more than $1.9 million in cash and carries no debts.
QUALIFIED PERSON Mr. Daniel Gaudreault, ing., (OIQ), of Géologica Groupe-Conseil, is the Qualified Person as defined by NI 43-101, to supervise the preparation of the technical aspect of this press release. The common shares of Typhoon Exploration Inc. are listed on the TSX Venture Exchange under the symbol "TYP". Forward-Looking Statements Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release The map is available at the following address: http://media3.marketwire.com/docs/1005299a_Map.pdf
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Typhoon Exploration Inc.
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EXPLORATION STAGE |
CODE : TYP.V |
ISIN : CA9023976033 |
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ProfileMarket IndicatorsVALUE : Projects & res.Press releasesAnnual reportRISK : Asset profileContact Cpy |
Typhoon Expl. is a gold exploration company based in Canada. Typhoon Expl. holds various exploration projects in Canada. Its main exploration properties are MONEXCO / MCCORKILL, AIGUEBELLE - GOLDFIELDS, U3O8, FAILLE 1, DESTORBELLE and FAYOLLE in Canada. Typhoon Expl. is listed in Canada, in Germany and in United States of America. Its market capitalisation is CA$ 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. |