LAVAL, CANADA--(Marketwired - Mar 31, 2015) - TYPHOON EXPLORATION INC. ("Typhoon") (TSX VENTURE:TYP) is pleased to announce that it has acquired, by map designation, two (2) new gold properties. These new properties called Ranger and Sommet are 100%-owned by Typhoon.
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).
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.
They are both located within the Abitibi region, in Quebec, one of the richest regions in gold mines in the world.
ABOUT TYPHOON EXPLORATION INC.
- Typhoon Exploration Inc. has only 32,506,791 shares outstanding, of which 52% are held by insiders and institutional shareholders.
- The Fayolle Property offers the potential to host important gold resources.
- Typhoon Exploration Inc. is in an excellent financial position with more than $2 million in cash and carries no debts.
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
A map is available at the following address: http://media3.marketwire.com/docs/999557a_map.pdf.