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
Message: Re-Starts Drilling on Eastford Lake Gold Project
| February 25, 2009 |
| Explor Re-Starts Drilling on Eastford Lake Gold Project |
| ROUYN-NORANDA, CANADA--(Marketwire - Feb. 25, 2009) - Explor Resources Inc. (TSX VENTURE:EXS) is pleased to announce that it has completed its initial modelling of the holes that have intersected the LYNX Gold Zone (Press Release June 10, 2008 and February 09, 2009). The new drilling is designed to test the strike and depth of the high grade visible gold vein that was initially discovered in Hole #EG-09-07 and the recently drilled wedge holes. The main vein of the Lynx Gold Zone contains visible gold and appears to strike in a north-north westerly direction and dip steeply to the south-south west. The property is situated to the 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. 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. Explor invites its investors to visit our booth #2122 at the Investor Exchange of the PDAC 2009 located in the south building of the Metro Toronto Convention Center from March 01 to March 04, 2009. 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 Quebec 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 Quebec and was incorporated in Alberta in 1986. |
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