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Typhoon Exploration Inc.

Publié le 16 avril 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.

EXPLORATEUR
CODE : TYP.V
ISIN : CA9023976033
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Typhoon Expl. est une société d’exploration minière d'or basée au Canada.

Typhoon Expl. détient divers projets d'exploration au Canada.

Ses principaux projets en exploration sont MONEXCO / MCCORKILL, AIGUEBELLE - GOLDFIELDS, U3O8, FAILLE 1, DESTORBELLE et FAYOLLE au Canada.

Typhoon Expl. est cotée au Canada, aux Etats-Unis D'Amerique et en Allemagne. Sa capitalisation boursière aujourd'hui est 1,6 millions CA$ (1,3 millions US$, 1,1 millions €).

La valeur de son action a atteint son plus bas niveau récent le 20 février 2009 à 0,01 CA$, et son plus haut niveau récent le 24 septembre 2010 à 1,71 CA$.

Typhoon Expl. possède 36 180 000 actions en circulation.

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Rapports annuels de Typhoon Exploration Inc.
2008 Annual Report
Financements de Typhoon Exploration Inc.
11/12/2012Preparing for a $150,000 Private Placement
Attributions d'options de Typhoon Exploration Inc.
15/04/2013Grants Options
14/02/2011Grant of 570,000 stock options
Projets de Typhoon Exploration Inc.
25/09/2013(Fayolle)Exploration Program Underway on the Fayolle Project
08/05/2013(Fayolle)Update on the Fayolle Project
28/06/2011(Fayolle)Undertakes Airborne Magnetic Geophysical and Electromagnetic...
18/05/2011(Destorbelle)and its Partner Are Analyzing Results From the Drilling Camp...
17/03/2011(Fayolle)Announces an Average of 22.2 g/t Gold for Drilling in 2010
23/02/2011(Fayolle)New Discovery of Gold and Silver at More Than 750 Meters of ...
16/02/2011(Fayolle)Hits 7.14 g/t Gold Over 10.00 Metres, 318 g/t Silver and Con...
15/02/2011(Aiguebelle - Goldfields)Has Begun a Drilling Campaign on the Aiguebelle-Goldfields P...
14/02/2011(Destorbelle)The Drilling Campaign on the Destorbelle Project Is on Sched...
28/02/2008(Fayolle)Moves In Another Drill and Identifies New Targets at Fayolle
03/07/2007(Opinaca)Amorce les travaux du Projet Opinaca, Baie James, Quebec
24/05/2007(Aiguebelle - Goldfields)Nouvelles Exploration Typhon - News
24/05/2007(Aiguebelle - Goldfields) Updates Property Explorations
21/02/2007(Fayolle)Resource Grades at Fayolle showing similar to other Gold min...
Communiqués de Presse de Typhoon Exploration Inc.
13/07/2015Typhoon Exploration Announces the Publication of the NI 43-1...
31/03/2015Typhoon Acquires Two New Properties
31/03/2015Acquires Two New Properties
27/02/2015Typhoon Grants Options
30/12/2014Typhoon Exploration Inc. Closes a Second Tranche of a Privat...
17/12/2014Typhoon Exploration Inc. Closes a $171,500 Private Placement
21/10/2014Typhoon and Hecla Will Initiate an Exploration Campaign on t...
31/07/2014Update on the Joint Venture Between Typhoon and Hecla
26/06/2014Typhoon Shareholders Approved Resolutions at the 2014 Annual...
21/05/2014Typhoon Exploration Carried Out Soil and Magnetic Ground Sur...
09/05/2014Typhoon Exploration: Amendment to Stock Option Plan
29/04/2014Typhoon Exploration: Second Drillhole Results from the Cinco...
17/04/2014Typhoon Exploration Announces the Acquisition of a Building ...
15/04/2014Typhoon Exploration Receives its First Drilling Assay Result...
29/10/2013(Fayolle)Visible Gold at Fayolle
23/10/2013Very Active with 3 Exploration Programs Underway
01/10/2013Adopts Advance Notice By-Law
08/08/2013Shareholders Unequivocally Approved Resolutions at the 2013 ...
30/07/2013Annual General Assembly is Scheduled for August 8th, 2013
30/07/2013Annual General Assembly is Scheduled for August 8th, 2013
10/06/2013Amends Option Agreement
02/05/2013(Fayolle)Aurizon Continues Its Work on Fayolle
09/04/2013(Fayolle)Positive Preliminary Economic Assessment Options for the Fay...
15/03/2013Announcement
30/10/2012(Fayolle)The Fayolle Deposit is at an Advanced Stage and Hosts Signif...
09/10/2012Announces Results of Reconnaissance Work on the Nordair Prop...
13/07/2011(Fayolle)and Aurizon Mines Ltd. Intersects 1,480 g/t Au at More Than ...
13/06/2011Completes a Second Placement With Aurizon Mines Ltd
08/03/2011Welcomes Jean-Pierre Thomassin in its Management Team
25/01/2011Has Begun its Drilling Campaign at Destorbelle
16/04/2008ACQUISITION OF A PROPERTY WITH URANIFEROUS POTENTIAL
28/12/2007 Obtains Receipt For Final Prospectus
08/11/2007(fr) PRÉVOIT DISTRIBUER DES ACTIONS DE DIAMOND FRANK
03/08/2007Shareholders Approve Resolutions at Annual Meeting
19/06/2007Acquires Key Ground near Goldcorp
19/06/2007Prend Position près de Goldcorp
12/06/2007Obtains 125 G/T Gold on Monexco
29/05/2007Début des Travaux sur la Propriété Monexco
24/04/2007Nouvelles Exploration typhon
14/03/2007Cloture un financement de 1,000,000 $ avec Mineralfields po...
08/03/2007acquiert une propriété uranifère dans le secteur cote nord, ...
06/02/2007Nouvelles Exploration typhon - News
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