Explor Chester Copper Property Review
December 18 2013 - 11:51AM
Marketwired
Explor Chester Copper Property Review
ROUYN-NORANDA, CANADA--(Marketwired - Dec 18, 2013) - Explor
Resources Inc. ("Explor" or the "Corporation")
(TSX-VENTURE:EXS)(OTCQX:EXSFD)(FRANKFURT:E1H1)(BERLIN:E1H1) is
pleased to announce a review of the historical data on the Chester
Copper Property. All available information on the New Brunswick
Department of Mines, SEDAR and private files were reviewed.
Please note that the historical information in Explor's Press
Release dated April 10, 2013 is based on a review of the NI 43-101
technical report entitled "Technical Report Chester Copper Property
New Brunswick Canada" dated May 30, 2008 and effective March 20,
2008 as prepared by Robert C. Sim, P.Geo and Bruce M. Davis, FAus
IMM. The NI 43-101 technical report was completed for First Narrow
Resources Corp. and was filed on www.sedar.com on June 3, 2008.
The mineral resource estimate was prepared under the direction
of Robert Sim, P.Geo., with the assistance of Bruce Davis, FAusIMM.
Mr. Sim was the independent Qualified Person as defined by NI
43-101, and was responsible for the mineral resource estimate.
Estimations were made using ordinary kriging with a nominal
block size of 2 meters. The resource estimate was generated from
drill hole sample assay results and the interpretation of a
geologic model which relates to the spatial distribution of copper
and silver. Interpolation characteristics were defined based on the
geology, drill hole spacing and geostatistical analysis of the
data. The resources were classified by their proximity to the
sample locations and are reported, as required by NI 43-101,
according to the CIM standards on Mineral Resources and
Reserves.
The mineral resource estimate was based on a 3-D geologic and
mineralization model that integrates all exploration work on the
project as of March 20, 2008. A rigorous quality control and
quality assurance protocol was used on the project, including blank
and reference samples with each batch of assays. All drill samples
were analyzed by ICP at Activation Labs in Ancaster, Ontario,
Canada. The 2006 and 2007 drill program and sampling protocol was
managed by Ernest Brooks, P. Geo, CIM and F.G.A.C., the Qualified
Person as defined by NI 43-101 for the Chester project. Assay
quality control and quality assurance standards were managed by Mr.
Sim and Mr. Davis.
At present, to the best of Explor's knowledge, information and
belief, there is no new material scientific or technical
information that would make the disclosure of the mineral resource
as stated in the historical NI 43-101 inaccurate or misleading.
Chris Dupont P.Eng is the qualified person responsible for the
information contained in this release.
Explor Resources Inc. is a publicly listed company trading on
the TSX Venture (EXS), on the OTCQX (EXSFD) and on the Frankfurt
and Berlin Stock Exchanges (E1H1).
This Press Release was prepared by Explor. Neither the TSX
Venture Exchange nor its Regulation Services Provider (as that term
is defined in the Policies of the TSX Venture Exchange) has
reviewed or accepts 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, Québec, 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 Québec with approximately 33% in Ontario and 67% in
Québec. 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.
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 be 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.
Christian Dupont, President888-997-4630 or
819-797-4630819-797-6050Website: www.explorresources.com/Investor
Relations:Gary Lindsey, North America: Ph: 1-720-273-6224Michael
Adams, Europe : E-mail: info@star-ir.com