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Message: SGX-Kerrs - EXS-Eastford Lake

Update on below. EXS continues to move up relatively strongly. This move from 15 to 40 cents in less than 1 month could be (or could not be) due to Eastford Lake results pending. EXS has already drilled a discovery hole of 16.6g/t over 12m last year and are now following-up on previous drilled holes post IP survey. These holes are being drilled VERY close to SGX Kerrs property border. Also the system EXS has found heads NW towards SGX Kerrs property. SGX is 100's of metres from EXS drill holes not kms. IMO results to watch for.

red911

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SGX-Kerrs - EXS-Eastford Lake

posted on Feb 05, 09 10:29AM by red911

SGX Kerrs neighbour EXS (Eastford Lake, EL) moving up sharply since mid-January. Up again today. They started additional EL drilling early-December 2008 totest a new "geophysical signature that indicated the mineralized zone is striking in a north-northwesterly direction". SGX Kerrs property is VERY close N-NW of this ongoing drilling program. Everything north of EXS border is Kerrs. Previous SGX Kerrs driling only focused on northern Kerrs property around Bell Lake (not in EXS map). SGX has told us they would drill to follow-up on EXS discovery but we just haven't heard anything since. Could these EXS pending results be what is causing EXS to move up? We'll see.

Nigel always said he thought there was a mine at Kerrs.

red911

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Explor continues to outline Lynx gold zone

2008-12-02 16:31 ET - News Release

Mr. Christian Dupont reports

EXPLOR-PROGRESS REPORT EASTFORT LAKE LYNX GOLD ZONE

Explor Resources Inc.'s Lynx gold zone (see news in Stockwatch on June 10, 2008) has been traced using down hole geophysics. Explor has completed eight holes after the discovery of the Lynx gold zone on Eastford Lake. Hole No. 9 was drilled 25 metres to the east while holes No. 10 and 11 were drilled to the west along the structure. Hole No. 12 was drilled to the north of hole No. 7 and hole No. 13 was drilled to the south. The gold-bearing structure was intersected but the gold was found to be of much smaller intervals in the adjacent holes which prompted the down hole Mise a la masse survey. Hole No. 14 did not return any significant results. The property is situated in the Kerrs, Warden, Milligan townships and the Rayner Lake area southwest of Lake Abitibi, Ont., 90 kilometres 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.

                       From       To            Interval          Gold

(m) (m) (m) (ft) (g/tonne) (oz/ton)
Hole No.7 Zone 1 404.0 416.0 12.0 39.4 16.6 0.484
Zone 2 528.5 530,0 1.5 4.9 5.7 0.166
Hole No.8 617.0 618.5 1.5 4.9 1.0 0.029
Hole No.9 498.0 499.0 1.0 3.3 2.84 0.083
Hole No.10 Zone 1 453.5 455.0 1.5 4.9 11.3 0.329
Zone 2 467.0 471.5 4.5 14.8 3.34 0.098
Hole No.11 203.0 204.5 1.5 4.9 1.2 0.035
Hole No.12 282.5 285.5 3.0 9.8 1.25 0.036
Hole No.13 426.7 429.5 2.8 9.2 4.3 0.126
Hole No.14 - - - - - - -
Hole No.15 101.0 104.0 3.0 9.8 1.7 0.050

The results for hole No. 8 which has been drilled 800 m to the north of hole No. 7 reported low-grade gold values. Hole No. 14 had only anomalous values less than 500 parts per billion.

The Mise a la masse down hole IP survey has produced a geophysical signature that indicated the mineralized zone is striking in a north-northwesterly direction and dipping to the south-southwesterly direction. 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 (such as Hollinger-McIntyre system and Dome mine in the Porcupine gold camp). Explor will start drilling the newly defined geophysical signature within the week.

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