Why Explor Resources?
- Flagship Property Offers The Following:
- NI 43-101 Resource – 609,000 oz Indicated / 470,000 Inferred
- Teck Resources To Spend $12 MILLION To Earn 70%
- Property Is 2.5 KM From Lake Shore Gold Mine
- Property Is 13 KM From Downtown Timmins
- 2nd Project 43-101 Open Pit Resource
- 1.4 MILLION T Indicated @ 1.38% Copper
- 2.09 MILLION T Inferred @ 1.26% Copper
ONTARIO AND NEW BRUNSWICK PROPERTIES CURRENTLY UNDER EXPLORATION
Timmins Porcupine West (TPW) (4300 ha)
- NI 43-101 Resource: 609,000 oz Indicated
470,000 oz Inferred Gold
- 13 km from downtown Timmins
- Property is 2.5 km, NE of LSG West Timmins Mine
- Model: Hollinger McIntyre Gold System: 30,000,000 oz. Au
- Discovery Hole 10-30 : 9.22g/tonne over 11.0 meters
- Optioned to Teck Resources
- Teck to spend $12,000,000 to earn 70% interest
Chester Copper & VMS Project (3500ha)
- Mineral Target: Cu, Pb, Zn, Ag, & Au
- 70 km SW of Bathurst NB
- Structural Model Complete
- 300 m wide x 2000m long mineralized Corridor identified
- Ramp to ore zone (480 meter long (3m x 4m)
- Optioned to Brunswick Resources (BRU)
- Brunswick to spend $500,000 over 3 years
- Explore to receive $40,000 and 5,000,000 shares of BRU
- Open pit resource – NI 43-101 Resource: 1,400,000 Indicated t @ 1.38% Cu
2,089,000 Inferred t @ 1.26 % Cu
Kidd Creek Project (2466 ha)
- Mineral Target: Cu-Zn Ore
- Located 1.0 km west of Kidd Creek Mine
- Kidd Mine yielded 130M tonnes of Cu-Zn Ore since 1960
- Numerous Geophysical max/min and IP Targets
- Diamond Drilling winter 2015/2016
QUEBEC PROPERTIES CURRENTLY UNDER EXPLORATION
East Bay (3203 ha):
- Mineral Target: Gold
- Lies on Porcupine Destor Fault Zone, on strike with Beattie & Donchester mine
- Historical channel samples by Lacana Mining in 1982 including: 0.81 oz/ton over 5ft; 0.16 oz/ton over 6 ft; 0.10 oz/ton over 10 ft
- Wrap around Clifton Star
Nelligan (1198 ha):
- Mineral Target: Nickel
- Located in Val d’Or mining district of Quebec
- Historical grab samples of 10% Ni and 0.6% Cu obtained by INCO
- Discovered anomalous Nickel, Copper Zones
Launay (2250 ha):
- Mineral Target: Nickel
- Mineralized zones contained in mafic volcanic rocks
- Contiguous to Royal Nickel’s Dumont property (NW end)
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