Explor Timmins Porcupine West Gold Property Retraction
09 August 2019 - 6:55AM
Explor Resources Inc. (“Explor” or “the
Corporation”) (TSX-V: EXS, OTC PK EXSFF, FSE & BE:
E1H1) announces that it is retracting the information that
was provided in an article published on February 5, 2019 on the web
site Metalsnews.com entitled “ Explor Resources Inc.: Gold Miner
Exploring and Developing in the Historically Prolific Timmins
Mining Camp in Ontario, Canada: Interview with Chris Dupont,
President and CEO” and in the interview given in February 2018 by
Mr. Dupont to George Tsiolis of Agoracom (together referred to as
the “Information”).
Part of the Information was pertaining to the
exploration potential of the Timmins Porcupine West property, owned
by Explor, was not presented in conformity with Section 2.3 (2) of
National Instrument 43-101 Standards of Disclosure for Mineral
Projects and is not confirmed by a current Technical Report
complying with NI 43-101. Also, certain technical prospective
data contained in the Information were pertaining to a potential
mining production and are not confirmed by a current independent
preliminary economic evaluation. Thus, the Information should not
be relied upon and the Corporation has required to have the article
and interview mentioned above retracted.
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 OTCQB
(EXSFF) 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. The Corporation was continued under the laws of
Alberta in 1986 and has had its main office in Québec since
2006.
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.
For further information please contact:
Christian Dupont,
President |
Tel: 888-997-4630 or
819-797-4630 |
Fax:
819-797-1870 |
Website:
www.explorresources.com |
Email:
info@explorresources.com |
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