We are all anxious to see, and interpret, the concentrated 3,000m drilling results at the Timmins Porcupine West GOLD Deposit. Do those results strengthen the Open Pit potential of the deposit? Does the drilling program have an overall effect on the entire deposit? What impact does the recent drilling have on the 43-101 Resource Report? What [...]
Explor Resources is pleased to announce the beginning of a diamond drill program consisting of 3,000 meters. During the winter of 2017, the Corporation completed a geophysical surveys consisting of airborne mag, VLF and EM by helicopter on the property. This airborne program has defined some very interesting structures on the property. The [...]
ROUYN-NORANDA, QUEBEC--(Marketwired - Aug 9, 2017) - Explor Resources Inc. (TSX VENTURE:EXS)(OTCQB:EXSFF)(FRANKFURT:E1H1)(BERLIN:E1H1) ("Explor" or the "Corporation") is pleased to announce that it has closed a second tranche of a non-brokered private placement of a maximum of 5,882,353 common shares and/or flow-through shares at a price of $0.085 [...]
Given the relative importance of the 3,000meter drilling campaign to the Timmins Porcupine West GOLD Deposit moving forward, Dupont, and his crew, are painstakingly going over every inch of core to put the lab results into the proper perspective. One of them actually created the HMC (Hollinger McIntyre Coniaurum) computer model of the TPW GOLD [...]
ROUYN-NORANDA, QUEBEC--(Marketwired - Aug 1, 2017) - Explor Resources Inc. (TSX VENTURE:EXS)(OTCQB:EXSFF)(FRANKFURT:E1H1)(BERLIN:E1H1) ("Explor" or the "Corporation") is pleased to announce that it has closed a first tranche of a non-brokered private placement of a maximum of 5,882,353 common shares and/or flow-through shares at a price of $0.085 [...]
We're all excited gold appears to be getting stronger lately, holding in the US$1,265-70 range. Given some of the most recent geopolitical events, it's somewhat surprising that we haven't exceeded US$1,300 as yet. Hopefully, that realm is close at hand? Word from my associates suggests we could be looking at the Timmins Porcupine West gold deposit [...]
The most recent information in regards to the drill core analysis is that we are close to seeing some preliminary results. Apparently, the lab has lost a key staff member recently, which has set their entire testing system back a couple of weeks. New supervisory staff have stepped in to bridge the gap, and they are doing their utmost to deal with [...]
Very nice to see gold trading a bit stronger to start the week. Optimistically, the upward trend will continue. The sad reality is the paper market will continue to dictate the price of the commodity, regardless of a diminishing supply, and growing demand in the physical gold market. We're seeing growing opinion amongst the experts that a [...]
With GOLD at recent lows, its nice to see EXS/EXSFF/E1H1 holding the prevailing .065-.07 level. That represents a Market Capitalization of just over $10 million CDN. Let's look at the company's 'Cap' for a minute. The Timmins Porcupine West GOLD deposit alone, with 1,000,000ounces at say $100/oz is at least $100 million. The Chester Copper deposit [...]
Explor Resources President Chris Dupont on Recent Drilling at Timmins as well as the East Bay and PG-101 Projects in Canada. Core samples have been sent to the laboratory for testing. Strong evidence of pyrite in the core, that is normally associated with the presence of gold, was seen in high concentrations under visual inspection. Confirmation [...]
I have spoken with Chris Dupont on three separate occasions in the past week. During those brief chats, I kept asking about his two trips to Toronto. Even though I thought he might share his thoughts and progress, the meetings he had must be of a very sensitive nature, as he would not even offer a clue. All he keeps repeating is that shareholders [...]
The drilling at the Timmins Porcupine West (TPW) is progressing nicely. Step-Out Holes #124 & #125 have been completed to a depth of 600 meters (1,968ft). Existing Hole #109 has been deepened to 900 meters. Existing Holes #101, 102, 103 & 104 are in the process of being deepened to 600 meters. Optimistically, the first results could be in the [...]