Explor Resources Inc.
TSX VENTURE : EXS

Explor Resources Inc.

December 04, 2007 11:26 ET

Explor Starts Launay Nickel Exploration Program

ROUYN-NORANDA, CANADA--(Marketwire - Dec. 4, 2007) - Explor Resources Inc. (TSX VENTURE:EXS) is pleased to announce the start of Phase I of its exploration program on the Launay Nickel Project. The Launay Nickel Project is comprised of 2249.4 hectares and is located 20 kilometers west of Amos, Quebec and 45 kilometers northwest of Val d'Or, Quebec. Phase I will consist of 60 kilometers of line cutting and geophysics to determine targets, which will then be followed up by a 1000 meter diamond drill program.

The Launay Nickel Project is contiguous with and to the northwest of the 4,080 hectare Royal Nickel Property as shown in the attached plan. The Royal Nickel Property covers the entire Dumont nickel deposit which is cited to contain 175,000,000 tonnes at 0.47% nickel (Geological Survey of Canada report -1986) and the Royal Nickel website.

THE PROPERTY

The structure that contains the Dumont nickel deposit is defined by a magnetic high geophysical signature that is bounded by two faults that cross the Royal Nickel property in a northwest to southeast direction. The same two parallel faults and magnetic high continues through Explor's ground to the northwest (Quebec Ministere Ressources Naturelles website). Excellent access is provided by a logging road that connects the Launay-Guyenne road to the property, approximately 4.5 km from the Town of Launay.

The most obvious topographical feature in the area is Lake Doyon, approximately 1.3 km to the west of the property as well as gently rolling hills consisting of outcrops and eskers. Royal Nickel Corporation (RNC), a private company, has completed 19,000 meters of diamond drilling on the property to date. Anomalous platinum and palladium grades have been intersected on the property. Recent drilling by RNC has outlined PGM enrichment (greater than 0.5 g/t) over 5 m within the Central Zone.

The mineralized zones are contained in mafic volcanic rocks. In general, the geological structure is a nickel- bearing dunite unit that is bounded on the north by a gabbro unit and on the south by a peridotite unit. The mineralization includes magnetite bearing dunite, containing olivine with pentlandite, azurite, and millerite as nickel-bearing minerals.

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

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, 450,000,000 tonnes of base metal ore over the last 100 years. The Company is headquartered in Quebec and was incorporated in Alberta in 1986.

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.

The Launay Nickel Project geological map is available at the following address:
http://www.ccnmatthews.com/docs/EXplor_carte.jpg

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

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