Typhoon and Hecla Will Initiate an Exploration Campaign on the Fayolle Property
LAVAL, CANADA--(Marketwired - Oct 21, 2014) - Typhoon Exploration Inc. ("Typhoon") (TSX VENTURE:TYP) announces that it will initiate an exploration campaign in collaboration with Hecla Quebec Inc., on the Fayolle property (50%-owned by Hecla and 50%-owned by Typhoon). The Fayolle project needs to increase its resource base by the discovery of a new orebody. Typhoon and Hecla will devote great efforts towards the achievement of this goal.
2014-2015 WORKS
The 2015 winter drilling program needs to be planned early and will benefit greatly from additional work which will begin shortly, with 25.2 km of line cutting and an induced polarization survey of 33.85 km on the Cinco zone and on the soil anomaly south of Fayolle. (see map below)
ABOUT THE FAYOLLE PROPERTY
The Fayolle Property comprises 39 mining claims and covers 1,373 hectares straddling the Porcupine-Destor Fault, one of the most productive gold bearing structures of the Abitibi Belt. The mineralized zones on the Fayolle Deposit are distributed along a major shear corridor of approximately 3 kilometres long by 1 kilometre wide.
Typhoon is pleased to announce the appointment of Mr. David Secours as a new member of the Company's Board of Directors.
Mr. David Secours has been involved in sales for over twenty years. He acted as a Territory Representative in several regions of Quebec for the company Goodfellow. He is today the Sales Manager as well as in charge of business relations with China for BMB Distributions, one of Canada's largest distribution companies in the floor covering business.
Mr. David Mc Donald, President and CEO of Typhoon Exploration Inc., states: "The arrival of Mr. Secours on the board of Directors is most significant. Mr. Secours' professional and career experience will bring competence, wisdom and complement Typhoon's vision.
The Company would also like to take this opportunity to announce the departure of Mr. Michel Basque as a Director. Typhoon and the Board of Directors would like to thank Mr. Basque for the time he devoted to the Company.
ABOUT TYPHOON EXPLORATION INC.
Typhoon Exploration Inc. holds only 29,706,791 shares outstanding.
QUALIFIED PERSON
Mr. Daniel Gaudreault, ing., (OIQ), of Géologica Groupe-Conseil, is the Qualified Person as defined by NI 43-101, to supervise the preparation of the technical aspect of this press release.
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
To view the maps associated with this press release, please visit the following link: http://media3.marketwire.com/docs/974072_ENG.pdf
