Agoracom: Small Cap Investment - Explor Resources - Eastford Lake Lynx Gold Zone: Explor Intersects 142.26 Grams/Tonne Over 3.0 M

Exploring for gold and base metals in the Abitibi Greenstone Belt

Abitibi has produced more than 180 M ounces of gold and more than 450 Mt of Cu-Zn ore to date

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Eastford Lake Lynx Gold Zone: Explor Intersects 142.26 Grams/Tonne Over 3.0 M

posted on Feb 09, 2009 11:48AM

February 9, 2009

Progress Report Eastford Lake Lynx Gold Zone: Explor Intersects 142.26 Grams/Tonne Over 3.0 Meters

ROUYN-NORANDA, CANADA--(Marketwire - Feb. 9, 2009) - Explor Resources Inc. (TSX VENTURE:EXS) is pleased to announce that the LYNX Gold Zone (Press Release June 10, 2008) has been traced using down hole geophysics. Explor has completed three holes wedged off-of Hole #7 in order to confirm the geophysical signature as determined by the mise a la masse down hole survey reported in the press release dated December 02, 2008. The main vein of the Lynx Gold Zone containing visible gold appears to strike in a north-north westerly direction and is dipping to the south-south westerly direction. The wedge holes have intersected visible gold (VG) similar to that intersected in Hole # 7. The property is situated in the Kerrs, Warden, Milligan Townships and the Rayner Lake area, south-west of Lake Abitibi, Ontario, 90 km east of the Timmins-Porcupine gold mining camp. The Eastford Lake Property consists of 170 contiguous unpatented mining units for a total of 3,100 hectares.

 Hole #        From      To      Interval           Gold
--------------------------------------------------------------
                 (m)     (m)   (m)     (ft) (g/tonne)  (oz/ton)
Hole # 7A     407.0   408.0   1.0     3.28      5.03     0.147
              429.0   430.0   1.0     3.28      6.47     0.189

Hole # 7B     405.0   406.0   1.0     3.28      4.50     0.131
Hole # 7B(i)  425.7   429.0   3.3    10.83     45.45     1.326
              443.0   444.0   1.0     3.28      3.03     0.088

Hole # 7C(ii) 406.0   408.0   2.0     6.56     13.12     0.328
Hole #7C(iii) 427.0   430.0   3.0     9.84    142.26     4.150
              435.5   437.0   1.5     4.92      1.33     0.039
              487.1   488.0   0.9     2.95      1.81     0.053
              492.5   494.0   1.5     4.92      1.05     0.031

(i)    This interval of 45.45 gpt over 3.3m includes 13.245 gpt/1.3m, 
       131.2gpt/1.0m and 1.568gpt/1.0m (VG)

(ii)   This interval of 13.12 gpt over 2.0m includes 12.767 gpt/1.0m and 
       13.468gpt/1.0m

(iii)  This interval of 142.26 gpt over 3.0m includes 272.46gpt/1.2m, 
       115.72 gpt/0.8m and 7.245 gpt/1.0m (VG).

Assays were conducted on sawn NQ sized half-core sections. Further drilling is required before the true width of the reported intersection can be determined. The saw blade is routinely cleaned between samples when visible gold is noted during logging and sampling of the drill core. Assays were conducted by Techni-lab of Ste-Germaine de Boule, Quebec using standard fire assay on a 30-gram (one assay tonne) sample with a gravimetric finish procedure. Standard, blanks and check assays were included at regular intervals in each sample batch. Gold standards were prepared by CDN Resource Laboratories Ltd.

The combination of widespread ankerite alteration and gold mineralization hosted by many different rock types, including quartz-feldspar porphyry, altered ultramafics, tholeiitic basalt and metasediments are reminiscent of the diverse types of gold mineralization found in major gold camps (e.g. Hollinger-McIntyre System and Dome Mine in the Porcupine Gold Camp). Explor will continue drilling the newly defined gold zone once the modelling is complete.

Chris Dupont P.Eng is the qualified person for Explor Resources Inc. and is responsible for the information contained in 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 Québec 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 Québec and was incorporated in Alberta in 1986.

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