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Explor Adds European Representation to the Board

18.02.2015  |  Marketwired

ROUYN-NORANDA, CANADA--(Marketwired - Feb 18, 2015) - Explor Resources Inc. ("Explor" or the "Corporation") (TSX VENTURE:EXS)(OTCQX:EXSFF)(FRANKFURT:E1H1) is pleased to announce the appointment of Mr. Gerhard Merkel to the Board of Directors effective February 18, 2015.

Mr. Merkel has extensive experience as a CEO and CFO. His past experience includes being the CEO and CFO of Metex (Germany) Trading Company from 1994 to 2005. From 2005 to present, he has been CFO and COO of CGM Import-Export Ltd (Portugal) Import/Export. This company deals in the wholesale and retail of catering equipment. They are also involved in the production of catering accessories.

Mr. Merkel will be granted 100,000 stock options at a price of $0.075 per option. The options are valid for a period of five years from the date of grant. The appointment of Mr. Merkel is subject to the approval of the TSX Venture Exchange.

Mr. Merkel will act as an independent director and represent Explor to our European shareholders and as well act as an advisor to the President and CEO. The existing Board would like to welcome Mr. Merkel and trust that his past and future contribution will bring continued success to Explor Resources.

Explor Resources invites investors to visit our booth at the following conference:

Booth #2122 at the Investor Exchange of the PDAC 2015 located in the south building of the Metro Toronto Convention Center from March 1 to March 4, 2015.

The management team at Explor Resources Inc. looks forward to having you join us.

Chris Dupont P.Eng is the qualified person responsible for the information contained in this release.

Explor Resources Inc. is a publicly listed company trading on the TSX Venture (EXS), on the OTCQX (EXSFF) and on the Frankfurt and Berlin Stock Exchanges (E1H1).

This press release was prepared by Explor. Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the Policies of the TSX Venture Exchange) has reviewed or accepts responsibility for the adequacy or accuracy of this release.

Explor Resources Flagship project is the Timmins Porcupine West (TPW) Project located in the Porcupine mining camp, in the Province of Ontario. The TPW mineral resource (Press Release dated August 27, 2013) includes the following:

Open Pit Mineral Resources at a 0.30 g/t Au cut-off grade are as follows:
Indicated: 213,000 oz (4,283,000 tonnes at 1.55 g/t Au)
Inferred: 77,000 oz (1,140,000 tonnes at 2.09 g/t Au)
Underground Mineral Resources at a 1.70 g/t Au cut-off grade are as follows:
Indicated: 396,000 oz (4,420,000 tonnes at 2.79 g/t Au)
Inferred: 393,000 oz (5,185,000 tonnes at 2.36 g/t Au)

This document may contain forward-looking statements relating to Explor's operations or to the environment in which it operates. Such statements are based on operations, estimates, forecasts and projections. They are not guarantees of future performance and involve risks and uncertainties that are difficult to predict and may be beyond Explor's control. A number of important factors could cause actual outcomes and results to differ materially from those expressed in forward-looking statements, including those set forth in other public filling. In addition, such statements relate to the date on which they are made. Consequently, undue reliance should not be placed on such forward-looking statements. Explor disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, save and except as may be required by applicable securities laws.



Contact

Christian Dupont, President
888-997-4630 or 819-797-4630
819-797-6050
info@explorresources.com
http://www.explorresources.com


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