Rouyn-Noranda, Canada, December 18, 2013 - Explor Resources Inc. ("Explor" or the "Company") (TSX-V: EXS, OTCQX: EXSFD, FSE & BE: E1H1) is pleased to announce an examination of the Copper Property Chester present historical data. All information available on the New Brunswick Department of Mines, SEDAR, and private files was reviewed.
Please note that the historical information in Explors press release from 10. April 2013 on a review of the NI 43-101-compliant technical report entitled "30 Technical Report Chester Copper Property New Brunswick Canada". May 2008 and valid for the 20. March 2008 are based. This report was prepared by Robert C. Sim (P.Geo.) And Bruce M. Davis (FAusIMM) on behalf of First Narrow Resources Corp. created and on 3. June 2008 filed on www.sedar.com.
The mineral resource estimate was prepared under the direction of Robert Sim (P.Geo.) With the support of Bruce Davis (FAusIMM). Mr. Sim is the Independent Qualified Person under NI 43-101 who was responsible for the mineral resource estimate.
The estimates were made using the usual kriging method with a nominal block size of 2 meters. The resource estimate was calculated using assay results from the drill holes and interpretation of a geological model related to the spatial distribution of copper and silver. The interpolation properties were determined based on the geology, the distance between the holes and the geostatistical analysis of the data. The resources have been classified based on their proximity to the sampling points and are reported in accordance with NI 43-101 in accordance with the CIM Mineral Resources and Reserves Guidelines.
The mineral resource estimate was based on an 3D geology and mineralization model, all up to the 20. March 2008 exploration work on the project. Work on the project has undergone rigorous quality control and assurance. This included the addition of blank and reference samples to each set of samples. All drill samples were analyzed by ICP from Activation Labs of Ancaster, Ontario, Canada. The 2006 and 2007 drilling program and sampling protocol were overseen by Ernest Brooks (P.Geo., CIM and FGAC), the Qualified Person as defined by NI 43-101 for the Chester project. The guidelines for assuring quality control and assurance of the assay results were managed by Mr. Sim and Mr. Davis.
At this time, to the best of Explor's knowledge and belief, there is no material new scientific or technical information to suggest that the mineral resource referred to in the historical NI 43 101 compliant report is false or misleading.
Chris Dupont (P.Eng) is the Qualified Person responsible for the information in this news release.
Explor Resources Inc. is a publicly traded company whose shares are traded on the TSX Venture (EXS), the OTCQX (EXSFD) and the Frankfurt and Berlin Stock Exchanges (E1H1).
This news release has been prepared by Explor. The TSX Venture Exchange or its regulatory bodies (referred to in the Articles of Incorporation of TSX Venture Exchange as Regulation Services Providers) have not reviewed this report and are not responsible for its adequacy or accuracy.
About Explor Resources Inc.
Explor Resources Inc. is a Canadian mineral resource company with mineral properties in Ontario, Quebec, Saskatchewan and New Brunswick. Explor is currently concentrating its exploration activities on the greenstone belt Abitibi. The belt covers the two provinces of Ontario and Quebec, with approximately 33% of these in Ontario and 67% in Quebec. Over the past one hundred years, more than 180.000.000 ounces of gold and more than 450.000.000 tonnes of copper-zinc ore have been extracted from the belt.
This document may contain forward-looking statements about the holdings Explor operates or the environment in which it operates. Such statements are based on operations, estimates, projections and plans. These statements are not guarantees of future performance and involve risks and uncertainties that are difficult to predict or predict and may not be within Explor's control. A number of important factors could cause actual results to differ materially from those expressed in forward-looking statements, including those described in other publications. In addition, such statements only relate to the time at which they are made. One should therefore not rely on such forward-looking statements. Explor has no intention or obligation to update or revise such forward-looking statements as a result of new information, future events or otherwise, except as required by applicable securities laws.
For more information, please contact: Investor Relations:
Christian Dupont, President Gary Lindsey, North America: Tel: + 1-720-273-6224
Phone: + 1 888-997-4630 or
+1 819-797-4630 Michael Adams, Europe: Email: ppgad@pucrs.br
Fax: + 1 819-797-6050
Website: www.explorresources.com
No liability is assumed for the accuracy of the translation! Please note english original message!
Source: IRW-Press.com.
