ROUYN-NORANDA, CANADA--(Marketwire - Sept. 22, 2009) - Explor Resources Inc. (TSX VENTURE:EXS- News)is pleased to announce the commencement of exploration on its 100% owned Montrose Gold Property situated in Montrose and Midlothian Townships in the Larder Lake mining division, district of Cochrane, province of Ontario, which acquisition was previously announced (July 17, 2007 and April 25, 2008).
Explor Resources inc. will cut a total of 50 kilometers of line and complete a geophysical program of mag/VLF and IP survey. Very little overburden has been observed in the area of line cutting with lots of rock outcrops. Numerous shear zones and gold showing have been observed in the area of the line cutting.
The work to be conducted is located in Montrose/Midlothian Townships approximately 8 kilometres northwest of the town of Matachewan. The property is approximately 64 km west of the city of Kirkland Lake, Ontario. Excellent access is provided by Hwy 66 from Kirkland Lake. Explor currently owns 184 mining claims for a total of 3432 contiguous hectares in the area. The most obvious feature in the area is the Young Davidson Mine 10 kilometres to the east of the property. Northgate has reported exploration results up to 46.8 grams/tonne over 9.1 meters on their Young Davidson Property, as per the Northgate press release dated December 20, 2007.
The property is located in a greenstone belt composed mainly of sequences of meta-sedimentary rocks descriptively similar to the Temiskaming meta-sedimentary rocks found in the Kirkland Lake area. The area is characterized by a wide northeast deformation zone of shearing. The claims are located in an area with very little overburden. A series of untested airborne anomalies have been observed on the property.
Explor plans on conducting a two phase exploration program. Phase I is designed to better determine the location of the structural targets via review of existing technical information, ground exploration, outcrop sampling and geophysics. Phase II will consist of diamond drilling the identified target or targets.
Chris Dupont P.Eng is the qualified person responsible for the information contained in this release.
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.
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 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.
This document may contain forward-looking statements relating to Explor's operations or to the environment in which it operates. Such statements are based on operations, estimates, forecasts and projections. They are not guarantees of future performance and involve risks and uncertainties that are difficult to predict and may be beyond Explor's control. A number of important factors could cause actual outcomes and results to differ materially from those expressed in forward-looking statements, including those set forth in other public filling. In addition, such statements relate to the date on which they are made. Consequently, undue reliance should not placed on such forward-looking statements. Explor disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, save and except as may be required by applicable securities laws.
