Explor Resources Inc.
TSX VENTURE : EXS

Explor Resources Inc.

May 13, 2008 13:51 ET

Explor Completes Drilling of Nelligan Nickel Property

ROUYN-NORANDA, QUEBEC--(Marketwire - May 13, 2008) - Explor Resources Inc. (TSX VENTURE:EXS) is pleased to announce the completion of the Drilling program on its Nelligan Nickel Property. The property consists of twenty-one (21) Mineral Claims situated in Nelligan Township in the Val-d'Or mining district of Quebec. Covering an area of approximately 1198 hectares, the Nelligan Project is located in the eastern-central part of Nelligan Township approximately 20 km west of the town of Desmaraisville, Quebec.

The Nelligan Property is being explored for Nickel-Cobalt. Previous historical work includes trenching by the Canadian Nickel Company (circa 1960-1970). Grab samples by Explor of up to 2.3% Ni were obtained. The structure was traced over a distance of 1.5 kilometres. The targets were located mostly on a 200 m spacing on an east-west structural trend.

The 2008 Exploration program consisted of a 3838 meters of NQ Core drilling. A total of 19 holes were completed. The drilling has indicated that overall the Ultra Mafic complex is weakly anomalous in Ni and carry locally heavy fine disseminated sulphide mineralization and locally highly anomalous concentrations of Nickel, Cobalt and Cu. The highlights of the drilling include the following two zones:

Nelligan Hole #10; highly anomalous Ni from 13 m to 103 m with Ni values ranging from 400 ppm to 2808 ppm. Anomalous Cobalt of up to 180 ppm were obtained.

Nelligan Hole #16: Highly anomalous Copper at 97.0 to 99.0 m with Copper grade of 1.487% over 2.0 meters.

The property is located in a greenstone belt composed mainly of sequences of meta-volcanic and meta sedimentary rocks cut by faults and deformation zones that lie in a NE-SW direction. The Bachelor Lake Mining Camp is located nearby and is known for its precious metal and polymetallic potential. This property is located directly to the west of the Bachelor Lake Mine and Mill and the former Conigas Mine.

About Explor Resources Inc.

Explor Resources Inc. is a Canadian-based natural resources company with mineral holdings in Ontario, Quebec, 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 Quebec with approximately 33% in Ontario and 67% in Quebec. The Belt has produced in excess of 180,000,000 ounces of gold 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
    1-819-797-6050 (FAX)
    www.explorresources.com