Explor buys further claims at Duparquet
2009-07-14 12:09 ET - News Release
Mr. Christian Dupont reports
EXPLOR INCREASES EAST BAY PROPERTY
Explor Resources Inc. has acquired a 38-unit mineral package located in the Duparquet township, in the Rouyn-Noranda mining division, Quebec, for a total of 1,369.59 hectares. The units are contiguous to the East Bay property. Explor will pay $20,000 at signature to acquire a 100-per-cent interest in the additional East Bay claims.
This acquisition is in line with the Company's strategy of increasing its property along the Porcupine Destor Fault Zone (PDFZ), where several notable gold deposits have been found in the past, including the Timmins mining camp which produced more than 56 million oz of gold. The Company now owns 2,631.59 ha of land along this section of the PDFZ. The East Bay property is approximately 0.5 km west of the former Consolidated Beattie and Donchester Gold Mines, which produced over 1.0 million oz of gold between 1933 and 1956.
The East Bay Gold Property is located to the west of the Consolidated Beattie and Donchester Gold Property and contiguous to the ground on which Clifton Star Resources Inc. has intersected wide width of gold mineralization. Fred Archibald, PGeo, OGQ, vice-president of exploration, for Clifton Star Resources has reported that diamond drilling on their Beattie southeast extension and the Donchester north zone has intersected large zones of mineralization. He reported that DHB08-22 has intersected continuous mineralization from 302.80 metres (m) to 423.25 m depth over a core length of 120.45 m. DHD08-01 has intersected continuous mineralization from 233.0 m to 356.0 m depth over a core length of 123.0 m and with two other sections a total of 167.25 m of mineralization within this hole. In the same press release Clifton Star has reported 12.22 g/t over 11.8 meters (Clifton Star Press Release 2008-07-10).
Geological Context & Mineralization
The mineralization on the East Bay gold property is similar to the Beattie Island within Lac Duparquet and is hosted within the Destor Theolitic Unit of the Blake River Group. Mineralization is associated with interflow volcanic sediments between andesite flows and dioritic sills. The alteration consists of silicification, carbonization and considerable sulphide enrichment.
A two-phase exploration program is planned for the East Bay property. Phase I is designed to determine the location of the structural targets via magnetic and VLF geophysics. Phase II will consist of diamond drilling on the identified target(s).
Chris Dupont P.Eng is the qualified person responsible for the information contained in this release.
This document may contain forward-looking statements
