Explorex Resources Inc. is pleased to provide this update in regards to its activities at several key projects. Kagoot Brook Co-Mn-Base Metal Project, New Brunswick Historical work at Kagoot Brook has delineated two drainages, two kilometres apart, that exhibit remarkably high cobalt values up to 6,000 ppm in the silts . The Company has received [...]
Explorex Resources Inc. is pleased to announce it has entered into an option agreement with Mariner Resources Corp. , whereby Mariner has the right to earn 75% in and to the Silver Dollar Property for certain cash payments, share issuances and work commitments. Option Agreement The Silver Dollar property is 100% owned by Explorex. Explorex has [...]
Explorex Resources Inc. is pleased to announce it has commenced its 2018 exploration program at its 'never been drilled' Kagoot Brook cobalt project in New Brunswick. Kagoot Brook 2018 Exploration Program The exploration program at Kagoot Brook will be conducted in two phases. The first phase will include line cutting followed by a detailed [...]
Explorex Resources is pleased to announce that it has now fulfilled all of its obligations under the May 15, 2016, option agreement with Happy Creek Minerals to purchase a 100% interest in Happy Creek's Silver Dollar project, located approximately 45 kilometres southeast of Revelstoke, B.C. Happy Creek will retain a 1% NSR on the project. The [...]
Explorex Resources is pleased to announce that the non-brokered private placement unit offering announced on June 19, 2018, for gross proceeds of $500,000 has closed oversubscribed for total gross proceeds of $553,750 . The Company is also pleased to announce the receipt of the Exploration Work Permit for the Kagoot Brook Cobalt Project from the [...]
Explorex Resources is pleased to announce a non-brokered private placement totalling $500,000. The Company's strategic partner, Ganfeng Lithium Co. Ltd., through a subsidiary, has committed to a participation level to maintain their equity interest in the Company. Explorex Non-Brokered Private Placement The $500,000 non-brokered Private Placement [...]
Explorex Resources is pleased to announce that it has executed the Option Agreement to acquire a 75% interest in the Kagoot Brook Cobalt Project in New Brunswick from Great Atlantic Resourcesand is planning to perform a comprehensive exploration program this summer. Kagoot Brook Cobalt Project's Key Highlights: 6,000 ppm cobalt reported from stream [...]
Explorex Resources Inc. is very pleased to announce that it has executed a Letter of Intent with three private Finnish companies to acquire the development stage Hautalampi project within the renowned Outokumpu Mining Camp of eastern Finland owned by Vulcan Hautalampi Oy . Hautalampi is an unmined, cobalt enriched nickel-copper sulphide deposit [...]
Explorex Resources is very pleased to announce that it has appointed David Baril to its Advisory Board. David is a qualified Professional Mining Engineer with over 35 years of international mining experience including positions in underground and open pit mining operations, marketing & commercial and refining. He has experience in all phases of the [...]
Explorex Resources Inc. is pleased to announce that it has executed a Letter of Intent to acquire a 75% interest in the Kagoot Brook cobalt project in New Brunswick from Great Atlantic Resources Corp. . Project's Key Highlights: 6,000 ppm Cobalt reported from stream silt sample; Areas of highly anomalous stream sediment samples coincident with [...]
Explorex Resources is pleased to announce results from the Company's field exploration program at the Silver Dollar project, completed in late 2017 and receipt of a second option payment in regards to the Arlington project in southern BC. Key Highlights 1.4 km long well-defined silver, lead, zinc and antimony soil anomaly was delineated extending [...]
Explorex Resources is pleased to announce results from the Company's reconnaissance exploration program at the Cobalt-Paragon project, Ontario , completed in late 2017. Key Highlights 2.34% Co and 730 g/t Ag grab sample from the Paragon-Hitchcock muck pile; 7.47% Cu and 3.23 g/t Au grab sample from the Cobalt-Frontenac muck pile; New target [...]
