Explor Resources Inc.
TSX VENTURE : EXS

Explor Resources Inc.

June 04, 2007 16:43 ET

Explor Starts Drilling Program Eastford Lake Gold Project

ROUYN-NORANDA, CANADA--(Marketwire - June 4, 2007) - Explor Resources Inc. (TSX VENTURE:EXS) is pleased to announce that Phase III of a 2,100 metre drill program has been started on the Eastford Lake Gold Property. The property is situated in the Kerrs, Warden, Milligan Townships and the Rayner Lake area, south-west of Lake Abitibi, Ontario in the Timmins-Porcupine mining camp.

The Eastford Lake Property consists of 137 contiguous unpatented mining units for a total of 2,200 hectares contiguous with the SAGE Gold Inc. property. (See SAGE Gold Inc. press release dated November 08, 2005)

Phase II drilling completed in April 2006 confirmed the presence of gold bearing rock and structures typical of world class gold camps. The drilling confirmed mafic and ultramafic volcanics as well as multiple intrusions of quartz-feldspar-porphyry. Two pyretic shear zones were intersected with anomalous gold values. Geophysical surveys have identified six targets along a major fault-like structure running east-northeast through the central part of the property. The major fault that was intersected is coincident with the northern, or "up-ice" cut-off of a large gold and mercury in soil geochemical anomalies.

The drill was mobilized on June 01, 2007 and has started the first hole to test the interpreted bedrock source of the fragile, friable carbonatized quartz porphyry float and fuchsitic altered ultramafic float located within the north-west end of the gold/quartz boulder train previously discovered. Deep drift/overburden cover (up to 90m) made discovery and exploration of the fault like structure difficult.

Chris Dupont P.Eng is the qualified person responsible for the information contained in this release.

About Explor Resources Inc.

Explor Resources Inc. is a Canadian-based natural resources company with mineral holdings in Ontario, Quebec and Saskatchewan. Explor is currently focused on exploration in the Abitibi Greenstone Belt. The belt is found in both provinces of Ontario and Quebec with approximately 33% in Ontario and 67% in Quebec. 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 Company is headquartered in Quebec and was incorporated in Alberta in 1986.

Chris Dupont P.Eng is the qualified person for Explor Resources Inc.

Explor Resources Inc. is a public listed company trading on the TSX Venture (EXS).

This press release was prepared by Explor Resources inc. The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this release.

Contact Information

  • Explor Resources Inc.
    Christian Dupont
    President
    800-388-8668 or 819-797-4630
    or
    CHF Investor Relations:
    Jan Moir
    Vice President
    416-868-1079 x.237
    jan@chfir.com