AGORACOM Small-cap Investor Relations Blog

• 2.06 g/t Au over 1.50 meters from 154.5 to 156.0 meters.
• 1.99 g/t Au over 1.80 meters from 438.0 to 439.8 meters.

ROUYN-NORANDA, QUEBEC–(Aug. 4, 2016) – Explor Resources Inc. (“Explor” or “the Corporation”) (TSX VENTURE:EXS)(OTCQX:EXSFF)(FRANKFURT:E1H1)(BERLIN:E1H1) is pleased to announce the results of the Diamond Drilling Program on the Corporation’s Ogden Gold Property. The property is located 12 kilometers southwest of the city of Timmins, Ontario. The property consists of 12 mining claims (96 mineral claim units) covering 1,540 hectares situated in the Porcupine mining division, district of Cochrane, in the Ogden and Price Townships, Ontario. These claims are contiguous to the east of the Corporation’s Timmins Porcupine West Property (the “TPW Property”). This preliminary program consisted of three sets of two holes each. East set was located with an approximate 2 kilometer spacing as shown on the attached plan.

The 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. Typically on the adjacent TPW Gold Property, higher grade mineralization was intersected below 300 meters of vertical depth requiring drill holes of 500 to 600 meters in length.

The most significant deposits in Timmins are spatially associated with porphyry units that are in proximity to the Porcupine Destor Fault. Also 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. Bearing that in mind, the preliminary exploration program consisted of six NQ holes for a total of 3,648 meters of diamond drilling. The holes averaged 600 meters in length. The preliminary goal of this Diamond Drill program was to test the IP Targets and to identify if the property contained favourable geology to host gold mineralization. The diamond drill program used geophysical targets identified by Explor’s ground geophysical survey as well as IP work conducted by Inmet and Knick Exploration. The program was successful in that all IP targets were intersected. The geological environment identified is very similar to the Corporation’s Timmins Porcupine West Property. As it was the case at TPW property, the rock type intersected included Quartz Feldspar Porphyry (QFP), Mafic Volcanics, and Sulfide zones containing fine grain pyrite mineralization.

The following results were obtained from this first drilling campaign:

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

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

Explor plans on analyzing the current results in context with the geological information obtained with this preliminary program and plans an exploration program for the fall/winter drilling season.

Assays are conducted on NQ sized half core sections. The diamond drill core is logged and sampled following general industry practices whereby logged and sample marked core is sawn in half, with one-half bagged and tagged for shipment to the assay laboratory and the remaining half of the sawn core returned to the core box for storage and future reference. Blanks and assay standards are inserted at regular intervals in each sample batch. Assays are conducted using a standard fire assay technique on a 30 gram sample with a gravimetric finish by Laboratoire Expert Inc., of Rouyn-Noranda, Quebec. Routine duplicates are completed by Laboratoire Expert inc. Pulps and rejects are returned and stored in secure containers. Intersections are reported using drilled widths unless specified otherwise, with assay values as simple averages of duplicates and gravimetric results.

Chris Dupont, President and Chief Executive Officer of Explor Resources Inc. commented: “We are extremely pleased and encouraged by these preliminary drill results and the confirmation of the potential of the gold bearing environment. This drilling campaign indicates to us that this large property block could potentially host a major gold deposit, and merits further exploration.”

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.

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 Limited 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:

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.

A map is available at the following address: http://media3.marketwire.com/docs/1064935.pdf

• Acquired 4 mining claims (24 mineral claim units) situated in the Porcupine mining division
• Claims are continuous to the Ogden Property
• Property will now consist of 13 mining claims (96 mineral claim units) covering 1,540 hectares situated in the Porcupine mining division

ROUYN-NORANDA, QUEBEC–(July 26, 2016) – Explor Resources Inc. (“Explor” or “the Corporation”) (TSX VENTURE:EXS)(OTCQX:EXSFF)(FRANKFURT:E1H1)(BERLIN:E1H1) is pleased to announce the acquisition of 4 mining claims (24 mineral claim units) situated in the Porcupine mining division, district of Cochrane, in the Ogden and Prince Township, Ontario. These claims are continuous to the Ogden Property. With this acquisition, the Ogden property will now consist of 13 mining claims (96 mineral claim units) covering 1,540 hectares situated in the Porcupine mining division, district of Cochrane, in the Ogden and Price Townships.

Explor Resources Inc. will pay $3,000 CDN and issue 300,000 common shares to acquire a 100% interest in the additional claims of the Ogden Property. The optionors have retained a 2% NSR in the property. This acquisition is subject to the approval of the TSX Venture Exchange.

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.

The Ogden Property is contiguous on the east side of the Timmins Porcupine West Property. The Timmins Porcupine West Project has as a structural target model, developed by Explor based on the location of “Hollinger-McIntyre-Coniaurum System mineralization”. The Hollinger Mine is located on the south side of the Pearl Lake Porphyry while the McIntyre Mine is located on the North side. The Coniaurum Mine was located on the east end of the Porphyry. Two major faults are located in proximity to the gold mines is this area. The Burrows Benedict fault is located to the east while the Porcupine Destor is located to the south. In the Timmins Porcupine West area, the Mattagami River fault is located to the east while the Porcupine Destor Fault is located to the south. The TPW has the Bristol Porphyry with mineralization located on both the North and South side of the Porphyry. Only the south side of the Porphyry has been significantly explored. It should be noted that the Hollinger-McIntyre-Coniaurum (HMC) System has produced a total of over 30 million oz of gold and is spatially associated with the Pearl Lake Porphyry.

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.

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 Limited 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:

Underground Mineral Resources at a 1.70 g/t Au cut-off grade are as follows:

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.

• Closed a non-brokered private placement of $1,200,000
• Each Warrant included in a Unit will allow the subscriber to purchase one common share of the Corporation at an exercise price of $0.20 for a period of two years ending July 5, 2018

ROUYN-NORANDA, QUEBEC–(July 5, 2016) – Explor Resources Inc. (“Explor” or the “Corporation“) (TSX VENTURE:EXS)(OTCQX:EXSFF)(FRANKFURT:E1H1)(BERLIN:E1H1) announces that it has closed a non-brokered private placement of $1,200,000 (the “Placement”). The Placement consists of an amount of 1,200 units at a price of $1,000 per Unit (the “Units“), each Unit consisting of a capital amount of $1,000 of unsecured convertible debentures (the “Debentures“) and of 3,333 common share purchase warrants of the Corporation (the “Warrants“). The Debentures bear interest at an annual rate of 7% and expire in two years from the closing of the Placement. Each holder of Debentures will be entitled to convert the principal amount of the Debentures in common shares of the Corporation, at a price of $0.15 per share. Each Warrant included in a Unit will allow the subscriber to purchase one common share of the Corporation at an exercise price of $0.20 for a period of two years ending July 5, 2018. Therefore, the Corporation will reserve an aggregate number of 8,000,000 common shares of its capital stock in the event of the conversion of the full principal amount of the Debentures and an aggregate number of 4,000,000 of its capital stock in the event of the exercise of all the Warrants.

One insider of the Corporation has subscribed for 50% of the Placement and will now hold 16% of the outstanding shares of the Corporation, taking into consideration the conversion of the Debentures and exercise of the Warrants.

In connection with the Placement, a total of 280,000 non-transferrable warrants will be issued to Finders dealing at arm’s length with the Corporation. Each warrant will be exercisable at $0.15 per common share of Explor for two (2) years from the closing date of the Placement.

The Debentures and any shares that may be issued on conversion of the Debentures, as well as the shares that could be issued on exercise of the Warrants and of the finders’ warrants are subject to a hold period of four months and one day, expiring November 6, 2016.

The Placement is subject to the final approval of the TSX Venture Exchange.

Issuance of Shares for Services to Agora

Explor Resources also announces that pursuant to the terms of an agreement announced on April 6, 2016 with Agora Internet Relations Corp. (“AGORA“), the Corporation will issue 80,714 common shares at a deemed price of $0.14 per share to AGORA for services rendered for the period ending July 1^st, 2016, in the amount of $11,300, as scheduled in the agreement.

The common shares to be issued upon this agreement will be subject to a hold period of four months and one day from the date of issuance. The issuance of shares for Advertising Services by AGORA is subject to TSX Venture approval.

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 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 Limited 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:

Underground Mineral Resources at a 1.70 g/t Au cut-off grade are as follows:

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.