Explor Resources's Profile

Company is exploring for gold and base metals in the Abitibi Greenstone Belt. Abitibi has produced more than 180 M ounces of gold and more than 450 Mt of Cu-Zn ore to date. Flagship Property hosts NI 43-101 Resource - 609,000 oz Indicated / 470,000 Inferred

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 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
  • Announced the start of a 2,000 meters diamond Drill program


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
  • So encouraged by the initial results of the 3000 meter program, decided to more than double the diamond drilling program planned to 7275.7 meters

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)

12 Month Stock Chart

Last changed at 03-Nov-2016 09:27AM by AGORACOM

Management & Directors

  • Chris Dupont, P.Eng.,

    President and Director

    Chris is a mining engineer and has been active in the mining industry since the early 1970’s. He has been involved with junior public companies for more than 15 years. Chris has previously held positions as senior mining engineer for Noranda and chief engineer for Exall Resources, as well as project manager for Luzenac Inc., a producer of micronized talc products. His past experience includes President and Director of Kayorum Gold Mines from 1992 to 1997, Director of Fieldex Exploration from 1997 to 1998 and Vice President and Director of TOM Exploration from 2000 to 2006.

  • Geoff Carter, P. Eng.

    Director

    Geoff is a mining engineer and has been active in the mining industry since the late 1960’s and involved with public companies for more than 30 years. He has held positions at Anglo American, Hudson Bay Mining & Smelting, and was Vice-President at Inspiration Coal. He has also been a director and president of Ourominas Minerals, director of Bankers Petroleum and Trans Atlantic Enterprises. Since 1990, Geoff has been involved in independent research, due diligence reports, NI 43-101 reports and valuations, as well as general corporate advisory for the mining industry.

  • Mario Colantonio

    Director

    Mario is a civil engineer and has been active in the mining industry since the mid 1980’s. He received his B.Sc. degree in civil engineering from Queen’s University in 1985. His primary focus has been with the engineering and management for capital and maintenance projects mainly for mill/mine infrastructure including feasibility studies. He has held senior engineering management positions for AMEC and is presently President of a privately owned engineering consulting firm.

  • Jonathan Challis, P.Eng.

    Director

    Jonathan is a mining engineer with over 30 years of experience in the operation, management, financing and analysis of mining projects around the world. Mr. Challis started his professional life as a mining Engineer with Gold Fields of South Africa Limited in 1974 before returning to Europe where he worked as a mining analyst and project financier for several European Institutions. He subsequently joined McLeod Young Weir in London in 1987 as a mining analyst prior to relocating to Toronto in 1990. In 1994, he joined CM Oliver in Toronto as a Director and Senior Mining Analyst, prior to moving back to London where he was instrumental in establishing a European presence for that company. In 1997, he joined Ivanhoe Capital Corporation and was involved in several Canadian resources companies in the roles of CEO, President and director.

  • Gerhard Merkel

    Director

    Gerhard has extensive experience as a CEO and CFO. His past experience includes being the CEO and CFO of Metex (Germany) Trading Company from 1994 to 2005. From 2005 to present, he has been CFO and COO of CGM Import-Export Ltd (Portugal) Import/Export. This company deals in the wholesale and retail of catering equipment. They are also involved in the production of catering accessories.

Broker Fact Sheet

  • EXS Broker Fact Sheet
    Thu Mar 29, 2019
    Fact sheet details
Explor Resources
Symbol
EXS
Exchange
TSX-V
Shares
107,696,971 as of 07/31/2016
Industry
Metals & Minerals
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