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Typhoon Exploration Inc.

Publié le 21 février 2007

Resource Grades at Fayolle showing similar to other Gold mineralizations

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Mots clés associés :   Canada |

�������������������������������������������������������������������������������Laval, Canada, February 21, 2007

RESOURCE GRADES AT FAYOLLE SHOWING SIMILAR TO OTHER GOLD MINERALIZATION SYSTEMS IN QUEBEC AND ONTARIO

The new mineral resource estimates according to National Instrument 43-101 aimed only a portion of the Fayolle property covering less than 1% of the entire property, a 400 meter long by 300 meter wide by 150 meter deep segment, defined by approximately 18,000 meters of drilling (refer to Figure 1, Location Map).

The Company is currently pursuing its drill campaign aimed at testing the depth and lateral extensions of the gold mineralization at Aiguebelle-Goldfields, located 800 meters west of Fayolle showing, and secondly the depth and lateral extensions of Fayolle showing. The specific objective of the campaign is to link the two gold mineralizations, which could potentially increase the tonnage.

The Fayolle property covers a 26.25 km2 area, of which 8 kilometers is directly located on the prolific Destor-Porcupine Fault that yielded more than 75 million ounces of gold.

Figure 1: Location map of the Fayolle and Aiguebelle-Goldfields properties

The mineral resources at Fayolle showing are 848,600 tonnes @ 1.40 g/t gold (for 39,397 ounces of gold) in the Indicated category and an additional 6,568,600 tonnes @ 0.70 g/t gold (for 148,609 ounces of gold) in the Inferred category.

In comparison, the average gold grades at Fayolle showing are similar to Osisko Exploration�s Canadian-Malartic project (refer to the news release dated December 6, 2006 at www.osisko.com).

  • However, the Canadian-Malartic gold mineralization already extends over a distance of 1,470 meters, between 460 and 850 meters in width, and to a depth of 620 meters, and contains more than 240,000 meters of drilling to date.

The point here is that the bulk-style of gold mineralization in the Val-d�Or, Malartic, Rouyn-Noranda, Timmins and Frotet has similar gold grades between 1 and 2.5 g/t gold:

�������� Fayolle (Rouyn-Noranda, Quebec) between 0.70 and 1.40 g/t gold;

�������� Canadian-Malartic (Malartic, Quebec) beween 1.14 et 1.20 g/t gold (all Inferred resources, according to different estimation methods);

�������� Goldex Extension Zone (Val-d�Or, Quebec) between 1.92 and 2.49 g/t gold (Inferred and Indicated resources; Agnico-Eagle Mines, 2005);

�������� Tro�lus (Chibougamau, Quebec) at 1.09 g/t gold (production grade from 1996 to 2005; refer to the �Minerals and Metals Sector, Natural Resources Canada�, 2000);

�������� Sigma Open Pit (Val-d�Or, Quebec) between 1.76 and 2.19 g/t gold (reserves at 1.76 g/t gold, Measured and Indicated resources at 2.19 and Inferred resources at 1.91; Century Mining Corp., 2005); and

�������� Dome (Timmins, Ontario) at 1.80 g/t gold (reserves in 2000; refer to the �Minerals and Metals Sector, Natural Resources Canada�, 2000).

This similarity demonstrates that the gold mineralizations are probably of the same metallogenic style or origin. In addition, tonnages can attain significant sizes:

�������� Canadian-Malartic � 170+ million tonnes;

�������� Goldex Extension Zone - 20+ million tonnes;

�������� Tro�lus � approximately 50 million tonnes;

�������� Sigma Open Pit � 30+ million tonnes; and

�������� Dome � 30+ million tonnes.

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

Contact and information

Typhoon Exploration Inc.

Tel.: (450) 622-4066; Fax: (450) 622-4337

e-mail: info@explorationtyphon.com

Toll free

1-877-622-4004

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.

Données et statistiques pour les pays mentionnés : Canada | Tous
Cours de l'or et de l'argent pour les pays mentionnés : Canada | Tous

Typhoon Exploration Inc.

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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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