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Liberty Star Provides Part 3 of Year End Update – February 5, 2017

Posted by AGORACOM-JC at 6:39 PM on Sunday, February 5th, 2017

Liberty Star Uranium & Metals Corp. (LBSR: OTCBB) is an Arizona-based mineral exploration company engaged in the acquisition and exploration of mineral properties in the states of Arizona and Alaska. Currently the company controls properties which are located over what management considers some of North America’s richest mineralized regions for copper, gold, silver, molybdenum (moly), and uranium.

INTERVIEW: American Creek Discusses a Compelling Property Portfolio $AMK.ca

Posted by AGORACOM-JC at 8:42 AM on Thursday, February 2nd, 2017

INTERVIEW: American Creek Discusses the Invaluable addition of Jeff Kyba P.Geo to the Team $AMK.ca

Posted by AGORACOM-JC at 8:10 AM on Tuesday, January 31st, 2017

  • American Creek Resources is a precious metals exploration company with an impressive portfolio of high-potential gold and silver projects in British Columbia.  These include properties in B.C.’s prolific Golden Triangle, one of the richest areas of mineralization in the world.
  • MTJLS Mineralization in the Treaty Creek claims area lies within the same broad hydrothermal system that generated the several deposits on the Seabridge Gold KSM and the Pretivm Brucejack properties that lie immediately southwest of the Treaty Creek claims
  • So far over 130 million ounces of gold, 800 million ounces of silver and 20 billion pounds of copper (all categories included), representing one of the greatest concentrations of metal value on the planet, have been delineated within the geological system shared by KSM, Brucejack, and Treaty Creek.

Hub On AGORACOM / Corporate Profile / Watch Interview!

American Creek Announces That JV Partner Tudor Gold Has Retained Jeff Kyba, P. Geo. $AMK.ca

Posted by AGORACOM-JC at 9:14 AM on Tuesday, January 24th, 2017

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  • Retained the services of Mr. Jeff Kyba, P. Geo., to provide advice and direction on the exploration and development of Tudor’s mineral claims in the “Golden Triangle” near Stewart, British Columbia
  • Brings a wealth of personal knowledge about the mineralization and potential of this geologically rich area. 

CARDSTON, ALBERTA–( Jan. 24, 2017) - American Creek Resources Ltd. (TSX VENTURE:AMK) (“American Creek”) is pleased to report that Tudor Gold Corp. (“Tudor”) has retained the services of Mr. Jeff Kyba, P. Geo., to provide advice and direction on the exploration and development of Tudor’s mineral claims in the “Golden Triangle” near Stewart, British Columbia.

Mr. Kyba has worked with both the British Columbia Geological Survey and the British Columbia Ministry of Mines as the Regional Geologist for the Skeena Mining District, BC’s busiest district which includes the “Golden Triangle”. He brings a wealth of personal knowledge about the mineralization and potential of this geologically rich area.

Mr. Kyba is best known for his work with the British Columbia Geological Survey where, together with a fellow geologist, he carried out one of the most important and influential studies of the geology of the “Golden Triangle”. That study resulted in the publishing of the foremost report on the Treaty Glacier south to Stewart portion of the “Golden Triangle” titled Structural and stratigraphic control of porphyry and related mineralization in the Treaty Glacier – KSM – Brucejack – Stewart trend of western Stikinia. They formed the opinion that this trend, which encompasses both Tudor/American Creek joint ventures, the Treaty Creek and Electrum projects, “is one of the most productive and promising in northwestern British Columbia.”

Walter Storm, President and CEO of Tudor Gold, stated: “We see it as a great advantage to have Mr. Kyba involved in our exploration program. At Tudor Gold we rely on the best people and the most technologically advanced exploration methods we can employ. Mr. Kyba will fit right in.”

Darren Blaney, American Creek CEO stated: “We are thrilled with this new development of Mr. Kyba now being involved in advancing our joint venture projects with Tudor. We have referenced his geological study work several times in the past. To now have him personally join in the effort adds both credibility and significant further discovery potential to our projects. We are very much looking forward to the upcoming 2017 exploration programs.”

Information relating to the Corporation is available on its website at www.americancreek.com.

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.

American Creek Resources Ltd.
Kelvin Burton
403 752-4040
info@americancreek.com
www.americancreek.com

American Creek Reports on JV Partner Tudor Gold’s Electrum Project Bulk Sample with 539 g/t Ag With 2.82 g/t Au and 1.97% Zn $AMK.ca

Posted by AGORACOM-JC at 9:20 AM on Thursday, January 12th, 2017

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  • Tudor Gold Corp.  has released the final results of the 2016 exploration program conducted at the Electrum Project JV located in northwest BC’s “Golden Triangle” near Stewart
  • Bulk Sample with 539 g/t Ag With 2.82 g/t Au and 1.97% Zn

CARDSTON, ALBERTA–(Jan. 12, 2017) - American Creek Resources Ltd. (TSX VENTURE:AMK) (“American Creek”) is pleased to report that Tudor Gold Corp. (“Tudor”) has released the final results of the 2016 exploration program conducted at the Electrum Project JV located in northwest BC’s “Golden Triangle” near Stewart.

Background

The Electrum project is a 60:40 joint venture between Tudor (as operator) and American Creek. The Electrum property is located directly between the past producing Silbak Premier mine some 25 Km south and Pretium Resources’ Brucejack deposit some 20 Km to the north (currently under development with production targeted for 2017). Within that same area are several other past producing mines as well as new projects undergoing exploration. One small area of the Electrum property itself includes the site of the historic East Gold mine which was mined by hand between 1939 and 1965, and which produced 3,816 oz of gold and 2,442 oz of silver from 45 tons of hand selected ore (BC Ministry of Mines Assessment Report 30206); mining operations ceased with the unfortunate and untimely death of the mine operator. More recently, the Scottie Gold mine operated from 1981 to 1985 approximately five kilometers from the Electrum property. The current owners of the Scottie Gold mine, Rotation Minerals Ltd., note on their website that the mine “milled vein material averaging 16.20 g/t gold, producing 2,967,748 grams of gold (95,426 ounces gold) from 183,147 tonnes of mineralization” (these historic production values have not been independently verified).

Tudor was attracted to the Electrum property by the presence of a complex system of mineralized fault structures within which are networks of gold and silver bearing quartz veins. The gold and silver typically occurs within these veins as electrum, a naturally occurring amalgam of both metals.

The complexity of both the fault structures and the vein networks make it very difficult to specifically target the veins of gold and silver bearing materials using conventional surface-based exploration techniques such as diamond drilling or magnetotelluric surveys. With that in mind, Tudor set out to develop an exploration program which includes sub-surface exploration techniques and which targets mineralization rather than just vein structures. In this way, Tudor will gain a better and more useful understanding of the overall geology of the property.

The success of the East Gold mine demonstrates that the mineralized fault material is accessible using conventional underground mining systems and practices. The cost of either rehabilitating the East Gold mine or opening new adits is, however, prohibitive at this stage of the project’s development. Tudor is instead focused on a scalable bulk sampling program which would, if warranted, conclude with the development of an open-cut mine of sufficient size to generate both a return for shareholders and financing for further exploration on the property. As with other properties in this area of the “Golden Triangle”, an open-cut mine could be carried out in association with related conventional underground mining.

Tudor’s exploration programs and long-term planning take into account two of the key economic advantages of the Electrum property; it is within 4 kilometers of a power-line, and the property is adjacent to an established haul road leading to the bulk terminal and deep-water port at Stewart.

2016 Exploration Program

The exploration program achieved the following three goals set for the 2016 field season:

  1. Diamond drilling aimed at furthering the exploration work previously carried out by American Creek,
  2. Trench sampling of a newly discovered mineralized surface exposure in what is now referred to as the “New Blast Zone”, and
  3. Collection and analysis of a 4 tonne bulk sample from the New Blast Zone.

In addition to the work aimed at achieving these goals, work carried out during the 2016 field season included the construction of temporary (removable) bridges and the stabilization and improvement of road access to ensure safe and efficient access to the property.

2016 Diamond Drilling

Nineteen drill holes totaling 1,406 meters were completed. A total of 1492 core samples were collected and assayed. The 2016 drilling program was carried out to extend and expand on the drilling programs carried out by American Creek in previous years. The results of the 2015 American Creek drilling program included these findings previously released by American Creek:

Drill Hole From (m) To (m) Interval (m) Gold (g/t) Silver (g/t)
EL15-02 9.0 10.0 1.0 1.04 78.0
EL15-03 16.5 17.5 1.0 6.09 242.0
EL15-04 32.0 33.0 1.0 6.76 38.0
EL15-05 28.0 29.0 1.0 1.31 189.0
35.0 36.0 1.0 6.93 62.0
EL15-07 13.0 14.0 1.0 14.65 22.0
14.0 15.0 1.0 6.59 461.0
35.0 36.0 1.0 3.47 58.0
EL15-08 1.0 2.0 1.0 1.05 89.0

One of the key goals of both the American Creek and Tudor drilling programs was to confirm that mineralized exposures visible on the surface carried on at depth below the surface. The results of these drilling programs do suggest that, as expected, mineralization carries on at depth.

Of particular interest, holes TG16-13-UTM, TG16-14-UTM, and TG16-15-UTM reveal sub-surface mineralization in the area generally below the newly identified “New Blast Zone”. Because of the complexity of the fault structures in this area, however, Tudor is currently unable to state with the certainty required by NI 43-101 that the sub-surface mineralization confirms the presence of an unbroken, continuous zone of mineralization linking these drill holes with the surface mineralization.

Trench Sampling

As noted in the Tudor news release issued September 12, 2016, a trenching program was carried out on the New Blast Zone. The program targeted a vein system which is infilled with a fine-grained blackish, blue-grey mineralization. The structure includes wide sharp edged quartz fragments in a foliated sulphide-quartz-carbonate matrix; the sulphides are pyrite, pyrrhotite, with thin galena/silver seams.

Twelve representative specimens were collected across the vein structure. Assays of those specimens yielded averages of 3,461.92 grams (111.30 oz) silver per tonne and 2.24 grams gold per tonne. Complete results of the trench sampling may be found in the noted news release on the Tudor website at www.tudor-gold.com.

Four Tonne Bulk Sample

Following the success of the trench sampling program, a 4 tonne bulk sample was collected from the New Blast Zone. The sample was collected utilizing localized blasting resulting in an exposed face of approximately 120 square meters, and a total rubble pile of approximately 600 cubic meters, from which was selected approximately 4 tonnes of representative material.

The collected bulk material was then crushed to a size of “3 inch minus” using a crusher at a quarry in Mission, British Columbia. The crushed material was then provided to ALS Global’s metallurgical laboratory (‘ALS’) in Kamloops, BC for metallurgical processing and testing. The processing included the use of rod and ball mill grinding followed by both floatation and gravity separation. The resultant material was then analyzed in four separate test runs over four consecutive days. The overall results of the analysis are set out in the following table:

Au (g/t) Ag (g/t) PB (%) Zn (%) Sulphur (%)
2.82 539 1.96 1.97 13.8

As with the trenching program, Tudor is very encouraged by these results. A complete description of the processing and testing employed by ALS will be added to the Tudor website at www.tudor-gold.com.

2017 Exploration Program

Tudor is satisfied that the results of the 4 tonne bulk sample program, together with all previous exploration work on the property, justifies scaling up the exploration program on the Electrum property. Tudor is satisfied that all of these results justify long-term planning based on an assumption that currently known mineralization on the property has the potential to support a modest sized open-cut mine that can be scaled up as further exploration dictates.

Subject to obtaining all necessary permits and financing, the current plan for the 2017 field season is to carry out the largest possible bulk sample program along with an as yet to be determined amount of diamond drilling.

The anticipated bulk sample program will utilize commercially available mining equipment commonly used in open-pit mining. Blasting will be carried out with the use of track-mounted drills, and on-site crushing will be carried out with the use of track-mounted crushers. It is anticipated that crushed, mineralized material will be hauled to Stewart and from there it will be transported to an appropriate smelter for final processing.

Walter Storm, Tudor President and CEO, stated: “We are very pleased with the results of the work on the Electrum this summer. Not only have we confirmed and increased the known mineralized gold and silver zones, we have also begun to develop a much better understanding of the geology of the property and we are satisfied that we have a proper basis for expanding our exploration program.”

Darren Blaney, American Creek CEO stated: “We are very pleased with what Walter and the Tudor team have accomplished with this initial program. The bulk sample results are very encouraging and indicate the future potential of the property. We are very much looking forward to 2017.”

The Qualified Person for the Electrum property and the technical data in this new release is James McCrea, P. Geo. for the purposes of National Instrument 43-101.

American Creek also has other projects in BC’s prolific “Golden Triangle” including the Treaty Creek Project which is a joint venture between Tudor, American Creek and Teuton Resources Corp. and the 100% owned Dunwell property package which encompasses the past producing Dunwell gold/silver mine.

Information relating to the Corporation is available on its website at www.americancreek.com.

Cautionary Statements regarding Forward-Looking Information: Certain statements contained in this press release constitute forward-looking information. These statements relate to future events or future performance. The use of any of the words “could”, “intend”, “expect”, “believe”, “will”, “projected”, “estimated” and similar expressions and statements relating to matters that are not historical facts are intended to identify forward-looking information and are based on the Company’s current belief or assumptions as to the outcome and timing of such future events. Actual future results may differ materially.

All statements including, without limitation, statements relating to the potential mineralization and geological merits of the Electrum property and other future plans, objectives or expectations of the Company are forward looking statements that involve various risks and uncertain ties. There can be no assurance that such statements will prove to be accurate and actual results and future events could differ materially from those anticipated in such statements. Important factors that could cause actual results to differ materially from the Company’s plans or expectations include risks relating to the actual results of current exploration activities, fluctuating gold prices, possibility of equipment breakdowns and delays, exploration cost overruns, availability of capital and financing, general economic, market or business conditions, regulatory changes, timeliness of government or regulatory approvals and other risks detailed herein and from time to time in the filings made by the Company with securities regulators. The Company expressly disclaims any intention or obligation to update or revise any forward-looking statements whether as a result of new information, future events or otherwise except as otherwise required by applicable securities legislation.

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.

American Creek Resources Ltd.
Kelvin Burton
403 752-4040
info@americancreek.com
www.americancreek.com

INTERVIEW: Liberty Star Provides Part 2 of Year End Update – $LBSR.us

Posted by AGORACOM-JC at 4:54 PM on Wednesday, January 11th, 2017

Liberty Star Uranium & Metals Corp. (LBSR: OTCBB) is an Arizona-based mineral exploration company engaged in the acquisition and exploration of mineral properties in the states of Arizona and Alaska. Currently the company controls properties which are located over what management considers some of North America’s richest mineralized regions for copper, gold, silver, molybdenum (moly), and uranium.

Hub On AGORACOM / Corporate Profile / Watch Interview

Explor Announces Multiple Copper Zones Grades Up to 3.65% Cu Over 5.35 Meters on the Chester Copper Property $EXS.ca

Posted by AGORACOM-JC at 5:02 PM on Tuesday, January 10th, 2017

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  • 12 Diamond Drill Holes completed on the Chester Copper Property
  • 3.65% Cu Over 5.35 Meters
  • increase in strike length of the known mineralization from 500 to 750 meters

ROUYN-NORANDA, QUEBEC–(Jan. 10, 2017) - Explor Resources Inc. (“Explor” or the “Corporation“) (TSX VENTURE:EXS)(OTCQB:EXSFF)(FRANKFURT:E1H1)(BERLIN:E1H1) is pleased to announce further results from the 12 Diamond Drill Holes completed on the Chester Copper Property. The Chester Copper property is located in the Northumberland County, 70 km southwest of Bathurst, New Brunswick and 50 km west-northwest of Miramichi, New Brunswick, within the Bathurst Mining Camp. This area has an extensive history in base metal production from VMS deposits.

There has been very little exploration work in this area of the Bathurst Mining Camp (BMC) since the initial exploration more than 60 years ago. Of significance also is the fact that three (3) age date studies of the rock in the area since 2005 have indicated an age of 469+/- 0.3 ma. All of the main largest VMS deposits in the BMC (including BMS #12 and #6, the Caribou Deposit (currently being developed by Travalli) and the past producing Heath Steele Mines, are associated with this age date for the footwall felsic rocks. That new data in 2007 places Explor’s Chester deposit is in the same time frame as the Brunswick Mining No. 12 and No. 6 deposits located in the BMC.

New Brunswick is the home of the No 12 massive sulphide deposit (The Brunswick Deposit) which was in continuous production from 1964 to its closure in March of 2013 (to Feb 2013, 135,903,168 tonnes milled at 3.44 % Pb, 8.74 % Zn, 0.37 % Cu and 102 g/t Ag). The Brunswick deposits (No 6 and No 12) are situated in the Nepisiguit Falls Group of rocks in the Lower Tetagouche group of the BMC. There are 46 known VMS deposits in the BMC.

The property is located in the southern-most part of the Bathurst Mining Camp and consist of 174 Mineral Claim Units within a total of five (5) Mineral Claims (1571, 2428, 6003, 6005 and 7045) comprising approximately 3,828 hectares as shown on the attached map.

Chris Dupont, President and Chief Executive Officer of Explor Resources Inc. commented: “We are extremely pleased and encouraged by these preliminary drill results. The presence of multiple copper mineralized zones in each of the holes drilled is very significant in terms of exploration. The increase in strike length of the known mineralization from 500 to 750 meters confirms the potential to significantly increase the resources on the property. The property continues to be open on strike to the west and Northwest.”

A total of 4 diamond drill holes were drilled on claim 1571. The first three diamond drill holes that were drilled were fan holes from the same location. This successfully tested the extension of the copper stringer zone for a distance of 250 meters west of previous drilling. The fourth drill hole was located approximately 100 meters west (and 38 meters south) of the first three drill holes, confirming the continuity of the mineralization to the west and Northwest and adding 250 meters of strike length to the known deposit. It intersected the target horizon and favorable geology from 49 meters to 172 meters.

Further to the west the copper deposit goes down dip and onto claim 6003. At about 1,100 meters west of the first drill hole, drill hole 6003-16-012 was drilled at a vertical dip. It eventually went to a depth of 600 meters and intersected previously unknown mineralization near surface (18 meters) and also extending the deep main Chester Stringer zone an additional 650 meters westward than any previous reliable drilling (i.e. casing in place and core in government storage). It also confirms the existence of the alteration zone and the host stratigraphic horizon to a depth not previously known or expected. The chloritized favorable horizon extends from a depth of 472.5 meters to 561 meters with low grade copper mineralization documented from 519 meters to 543 meters.

In the north part of claim 6003, an untested soil geochemical anomaly was tested. Copper mineralization was discovered as pyrrhotite and chalcopyrite veinlets in felsic volcanic associated with the soil anomaly. Copper mineralization was also discovered in this area in 2014 and a soil survey on claim 7045 to the west have unexplained copper and lead anomalies which may be associated with previously mentioned soil anomaly and this horizon.

To the south on Claim 6005, two drill holes were put down to test a soil anomaly apparently associated with a historical drill hole, dating to about the 1956 to 1958 era, with a reported value of more than 2% copper. No indication of any mineralization was discovered in the two drill holes.

Preliminary results are shown below for Hole # 1571-16-002:

Summary of Results From Drill Hole 1571-16-002
Zones From
(m)
To
(m)
Length
(m)
Au
(ppb)
Ag
(ppm)
Cu
(%)
Zn
(ppm)
Pb
(ppm)
1 49.40 49.73 0.33 41 2.70 1.820 269 67
2 51.45 52.30 0.85 49 2.40 1.240 284 80
3 77.85 84.30 6.45 65 3.35 1.53 438 57
includes 77.85 80.70 2.85 47 2.78 1.18 350 61
and 80.70 81.93 1.23 28 1.60 0.18 401 48
and 81.93 84.30 2.37 105 4.94 2.66 562 56
4 112.90 113.30 0.40 105 9.6 7.111 439 49
5 121.00 127.00 6.00 82 3.92 3.20 381 43
includes 121.00 125.10 4.10 114 4.99 4.26 469 43
or 124.10 125.10 1.00 289 10.10 10.23 1014 76
and 126.05 127.00 0.95 26 2.60 1.70 276 62
6 141.80 142.90 1.10 114 3.55 2.889 317 40
142.90 151.10 8.20 3,6 0.16 0.065 59 21
7 151.10 151.85 0.75 34 2.8 2.130 252 26
FW Zone 171.5 171.85 0.35 50 3.2 1.580 214 42

A total of 8 zones of copper mineralization were intersected in the above referenced Hole # 1571-16-002.

Preliminary results are shown below for Hole # 1571-16-003:

Summary of Results From Drill Hole 1571-16-003
Zones From
(m)
To
(m)
Length
(m)
Au
(ppb)
Ag
(ppm)
Cu
(%)
Zn
(ppm)
Pb
(ppm)
1 58.10 58.57 0.47 28 4 1.760 586 52
2 64.00 70.80 6.80 42 4.3 1.45 565 106
includes 64.00 67.10 3.10 39 6.0 2.09 660 186
or 65,50 67.10 1.60 75 11.5 4.05 1279 360
and 69,90 70.80 0.90 139 7.0 3.05 1033 58
3 77.70 78.60 0.90 76 2.4 1.220 328 44
4 112.65 112.85 0.20 60 6.7 4.330 592 42
5 115.25 120,60 5.35 64 4.9 3.65 445 49
includes 115.25 117.40 2.10 47 4.6 3.25 372 39
and 117.40 120.,60 3.20 76 5.2 3.97 501 56
FW Zone 157.30 158.85 1.55 343.10 15.00 13.20 995.00 91.13

A total of 6 zones of copper mineralization were intersected in the above referenced Hole # 1571-16-003. Samples have been sent to the lab and assays are pending.

The Chester Property is known to contain both a copper deposit and a VMS deposit. The copper deposit has an Open Pit resource with Measured & Indicated resource of 1,400,000 tonnes grading 1.38% Cu, 0.06% Zn & 3.5 g/t Ag and an inferred resource of 2,089,000 tonnes grading 1.26% Cu (assayed for Cu only).

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 OTCQB (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.

About Explor Resources Inc.

Explor Resources Inc. is a Canadian-based natural resources company with mineral holdings in Ontario, Québec, Saskatchewan and New Brunswick. Explor is currently focused on exploration in the Abitibi Greenstone Belt. The belt is found in both provinces of Ontario and Québec with approximately 33% in Ontario and 67% in Québec. The Belt has produced in excess of 180,000,000 ounces of gold and 450,000,000 tonnes of cu-zn ore over the last 100 years. The Corporation was continued under the laws of Alberta in 1986 and has had its main office in Québec since 2006.

Explor Resources Flagship project is the Timmins Porcupine West (TPW) Project located in the Porcupine mining camp, in the Province of Ontario. Teck Resources Ltd. is currently conducting an exploration program as part of an earn-in on the TPW property. 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.

To view the image associated with this press release, please visit the following link: http://media3.marketwire.com/docs/1082322a.pdf

Christian Dupont, President
888-997-4630 or 819-797-4630
819-797-1870
www.explorresources.com
info@explorresources.com

Explor Announces Increase of Ogden Property With Acquisition of 2 Mining Claims $EXS.ca

Posted by AGORACOM-JC at 8:52 AM on Wednesday, January 4th, 2017

Exs logo

  • Announced the acquisition of 2 mining claims (3 mineral claim units) situated in the Porcupine mining division, district of Cochrane
  • Claims are located in Ogden Township contiguous and to the east of the Ogden Property

ROUYN-NORANDA, QUEBEC–(Jan. 4, 2017) - Explor Resources Inc. (TSX VENTURE:EXS)(OTCQB:EXSFF)(FRANKFURT:E1H1)(BERLIN:E1H1) (“Explor” or “the Corporation”) is pleased to announce the acquisition of 2 mining claims (3 mineral claim units) situated in the Porcupine mining division, district of Cochrane, in the Ogden Township, Ontario. These claims are located in Ogden Township contiguous and to the east of the Ogden Property. Highway 101 West is north of the property and provided excellent access to the city of Timmins. The claims were acquired because of encouraging results obtained in Explor’s past exploration on this property.

Explor Resources Inc. will pay CDN $1,000 and issue 100,000 common shares to acquire a 100% interest in the additional Ogden claim. The optionors have retained a 2% NSR in the property. This acquisition is subject to the approval of the TSX Venture Exchange.

With this acquisition, the Ogden property now consists of 15 mining claims (99 mineral claim units) covering 1,588 hectares situated in the Porcupine mining division, district of Cochrane, in the Ogden and Price Townships, Ontario. The Ogden property has been previously explored by Hollinger Mines, Tex-Sol Exploration, Inmet Mining Corporation, Amax Mineral Exploration, Noranda Exploration and Knick Exploration. The majority of the holes drilled by previous operators were less than 100 meters in length. Historically on the Ogden Property, the only hole that hit significant mineralization was a diamond drill hole by Tex-Sol Exploration in 1965 which returned 6.0 g/t Au over 9.1 m at a shallow depth. On the TPW Gold Property significant mineralization was intersected below 300 meters of vertical depth requiring drill holes of 500 to 600 m in length. Explor has completed a drill program on the Ogden Property with the following encouraging results:

Hole #OG-16-02 intersected 2.06 g/t Au over 1.50m from 154.5 to 156.0 meters

Hole #OG-16-05 intersected 1.99 g/t Au over 1.80m from 438.0 to 439.8 meters.

The preliminary exploration program conducted by Explor consisted of six NQ holes for a total of 3,648 meters of diamond drilling. The holes averaged 600 meters in length. The property was found to contained favourable geology to host gold mineralization. The diamond drill program used geophysical targets identified by Explor’s ground geophysical surveys conducted by Explor and Knick Exploration. The program was successful in that all IP targets were intersected. The geological environment identified was similar to the Timmins Porcupine West Property. Rock type intersected included Quartz Feldspar Porphyry (QFP), Mafic Volcanics, and Sulfide zones containing fine grain pyrite mineralization.

The most significant deposits in Timmins are spatially associated with porphyry units that are in proximity to the Porcupine Destor Fault. The deposits appear to be also associated with splay faults that trend off and to the North of the Porcupine Destor fault inside an interpreted splay fault corridor.

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 OTCQB (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.

About Explor Resources Inc.

Explor Resources Inc. is a Canadian-based natural resources company with mineral holdings in Ontario, Québec, Saskatchewan and New Brunswick. Explor is currently focused on exploration in the Abitibi Greenstone Belt. The belt is found in both provinces of Ontario and Québec with approximately 33% in Ontario and 67% in Québec. The Belt has produced in excess of 180,000,000 ounces of gold and 450,000,000 tonnes of cu-zn ore over the last 100 years. The Corporation was continued under the laws of Alberta in 1986 and has had its main office in Québec since 2006.

Explor Resources Flagship project is the Timmins Porcupine West (TPW) Project located in the Porcupine mining camp, in the Province of Ontario. Teck Resources Ltd. is currently conducting an exploration program as part of an earn-in on the TPW property. 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.

Explor Resources Inc.
Christian Dupont
President
819-797-1870
888-997-4630 or 819-797-4630
info@explorresources.com
www.explorresources.com

American Creek Resources Reports on Treaty Creek JV Project Exploration $AMK.ca

Posted by AGORACOM-JC at 9:11 AM on Wednesday, December 28th, 2016

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  • Hole E-16-05 intersected intermittent values of gold from near surface to a depth of 276 metres, including 0.459 g/t Au over 15m from 27m to 42m, 0.473 g/t Au over 16.5m from 172.5m to 189m, and 0.438 g/t Au over 12m from 264m to 276m
  • Results of the 2016 program, along with the final MT survey report and analysis, once received, will be instrumental in identifying high potential drill targets for the upcoming 2017 exploration program

CARDSTON, ALBERTA–(Dec. 28, 2016) - American Creek Resources Ltd. (TSX VENTURE:AMK) (“American Creek”) is pleased to report that operator Tudor Gold Corp. (“Tudor”) has released the assays for the remaining five holes at the Treaty Creek JV Project located in BC’s “Golden Triangle” immediately north of Seabridge Gold’s KSM project and in the same region as Pretivm’s Brucejack project.

As previously announced on October 28, 2016, hole CB-16-03 resulted in the discovery of a significant new gold zone including the best mineralized intersection (338 meters of 0.70 g/t gold) discovered to date at Treaty Creek. The hole was drilled 870 meters northeast of discovery hole CB-09-14 drilled by American Creek in 2009 which included 241 meters of 0.80 g/t gold. Hole CB-16-03 along with holes CB-16-02 and CB-16-02 were drilled on the Copper Belle zone (west side of the Treaty Glacier). All three 2016 holes on the Copper Belle zone hit wide intervals of gold mineralization.

Four additional holes were drilled on the east side of the Treaty Glacier in the Treaty Gossan area and the last hole was drilled on the Eureka zone. These holes provided critical information that will be utilized in interpreting both the geology and the Magnetotelluric (MT) survey data. Hole E-16-05 intersected intermittent values of gold from near surface to a depth of 276 metres, including 0.459 g/t Au over 15m from 27m to 42m, 0.473 g/t Au over 16.5m from 172.5m to 189m, and 0.438 g/t Au over 12m from 264m to 276m.

The results of the 2016 program, along with the final MT survey report and analysis, once received, will be instrumental in identifying high potential drill targets for the upcoming 2017 exploration program.

Darren Blaney, American Creek CEO stated: “The 2016 Treaty program has successfully laid the foundation for the upcoming 2017 program. Tudor has extended the known mineralization at Copper Belle, found a significant new gold zone, and extended gold intervals to depth. The three holes at Copper Belle are all in close proximity to the “discovery contact” discussed in the 2014 Kyba/Nelson BC Geological Survey report, to the Sulphurets thrust fault, and to clastic sequencing (Turbidites) found just up the ridge from the drilling. According to the report, these three things in combination increase the chances of “being in the right neighborhood of BC’s next big deposit.” We believe the results thus far at Treaty Creek are the beginning of that discovery process.”

The Qualified Person under NI 43-101 for the Treaty Creek exploration program and the technical data in this news release is James Hutter, P.Geo.

The Treaty Creek Project is a joint venture between Tudor, American Creek and Teuton Resources Corp. (“Teuton”). Tudor is the operator and holds a 60% interest with both American Creek and Teuton each holding respective 20% fully carried interests in the property (carried until a production notice is given).

American Creek is a Canadian junior mineral exploration company focused on the acquisition, exploration and development of mineral deposits within the Province of British Columbia, Canada.

Information relating to the Corporation is available on its website at www.americancreek.com.

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.

American Creek Resources Ltd.
Kelvin Burton
403 752-4040
info@americancreek.com
www.americancreek.com

Explor Closes a First Tranche of a Maximum of $1 Million Private Placement in Flow-Through Shares

Posted by AGORACOM-JC at 4:16 PM on Friday, December 23rd, 2016

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  • Closing of a first tranche of a non-brokered private placement of a maximum of 11,764,705 flow-through common shares at a price of $0.085 each, for total gross proceeds of up to CDN $1,000,000 
  • First tranche of the Private Placement closed today consists in the sale of 7,058,824 flow-through shares for an aggregate subscription of $600,000.

ROUYN-NORANDA, QUEBEC–(Dec. 23, 2016) - Explor Resources Inc. (TSX VENTURE:EXS)(OTCQX:EXSFF)(FRANKFURT:E1H1)(BERLIN:E1H1) (“Explor” or the Corporation) announces the closing of a first tranche of a non-brokered private placement of a maximum of 11,764,705 flow-through common shares at a price of $0.085 each, for total gross proceeds of up to CDN $1,000,000 (the “Private Placement“). The first tranche of the Private Placement closed today consists in the sale of 7,058,824 flow-through shares for an aggregate subscription of $600,000.

The net proceeds from the Private Placement will be incurred by the Corporation in exploration expenditures on mining properties located in the province of Québec.

In connection with the Private Placement, the Corporation will pay to an arm’s length finder, finder’s fees representing a cash amount equal to 8% of the subscribed amount through the finder, and non-transferrable finder’s warrants entitling to purchase such number of common shares of the Corporation equal to 8% of the aggregate number of shares subscribed through the finder. These finder’s warrants will be exercisable at a price of $0.085 per common share, up to 24 months from the closing date.

The securities issued pursuant to the first closing of the Private Placement are subject to a hold period of four months and a day ending April 24, 2017. The Private Placement is subject to the final approval of the TSX Venture Exchange.

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.

About Explor Resources Inc.

Explor Resources Inc. is a Canadian-based natural resources 46company with mineral holdings in Ontario, Québec, Saskatchewan and New Brunswick. Explor is currently focused on exploration in the Abitibi Greenstone Belt. The belt is found in both provinces of Ontario and Québec with approximately 33% in Ontario and 67% in Québec. The Belt has produced in excess of 180,000,000 ounces of gold and 450,000,000 tonnes of cu-zn ore over the last 100 years. The Corporation was continued under the laws of Alberta in 1986 and has had its main office in Québec since 2006.

Explor Resources Flagship project is the Timmins Porcupine West (TPW) Project located in the Porcupine mining camp, in the Province of Ontario. Teck Resources Ltd. is currently conducting an exploration program as part of an earn-in on the TPW property. 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.

Explor Resources Inc.
Christian Dupont
President
819-797-1870
888-997-4630 or 819-797-4630
info@explorresources.com
www.explorresources.com