RE:RE:RE:STOCKHOUSE DEAL ROOM...DealRoom: NEW Opportunities in Legendary Mining Camps Stockhouse Editorial Here is a question for mining investors. Where would you find one of the largest underground, single-shaft base metals mine in Canada? Is it in Ontario? Quebec? Manitoba? Perhaps British Columbia? No. This honour belongs to the Bathurst Mining Camp, in New Brunswick. Specifically, it is located at Brunswick Mine, in the Bathurst Mining Camp (BMC). But this is more than the largest single-shaft mine in Canada. BMS was one of the largest single-shaft mines in the world. The Bathurst Mining Camp is not on the radar of many mining investors. It should be. With more than 46 VMS deposits (Volcanogenic Massive Sulphide), this has been one of the worlds most-prolific sources for polymetallic base metals deposits, in continuous production since 1964. Explor Resources Inc. (TSX: V.EXS, OTCQB: EXSFF, FRA: E1H1, Forum) is looking to expand on the tradition of this historic camp with its Chester VMS & Copper Property, situated on the edge of the BMC. This advanced-stage project has a robust copper resource, which also offers zinc and silver credits. Thats Legendary Camp #1. Explor is also actively developing another advanced-stage project, the Timmins Porcupine West (TPW) gold property, situated in the Timmins Gold Camp, part of the world-famous Abitibi Greenstone Belt. Thats Legendary Camp #2. TPW exhibits gold mineralization associated with a porphyry. The geological formation bears strong similarities to the Hollinger McIntyre Mine Porphyry. The Hollinger McIntyre Mines geological system has already yielded approximately 30 million ounces of gold. TPW already boasts a 1+ million ounce that are NI 43-101 compliant resource. To finance further development of these highly prospective projects, EXS has announced a new private placement, hosted in the Stockhouse DealRoom. Most Stockhouse investors are now familiar with the DealRoom, and the investment opportunities that can be accessed through participating in these private placements. Explor Resources is currently seeking to raise a maximum of $2 million (CAD). Its offering is a hybrid mix of common shares and flow-through shares, with the precise terms as follows. Each unit is priced at $1,000. The units are comprised of 7,143 common shares (priced at $0.07) and 7,143 flow-through common shares, also priced at $0.07. Each common share (including the flow-through shares) has a half-warrant attached to it, for a total of 7,143 warrants per unit. As many investors already know, a flow-through share confers the same equity interest as a normal common share, plus it offers the holder additional tax credits. These credits flow through from the issuing company to the holder of the flow-through share. Each whole warrant allows the holder to purchase one additional common share, at an exercise price of $0.12. Warrants remain valid for a period of 24 months from the date of the closing of the financing. The typical holding period (four months) applies to all units contained in the offering. According to the Explor term sheet, proceeds from the financing will be used to advance development of both the Chester Project and Timmins Porcupine West Project. However, investors doing their due diligence on this Company will immediately note that these are only two of a large portfolio of exploration properties. image: https://www.stockhouse.com/getattachment/e3b64e74-9bc0-4086-9ae4-2c63ec4505f2/Explor_properties.jpg?width=450&height=313 Explor_properties.jpg (click to enlarge) With four active projects and 10 other inventory properties, EXS will continue to develop its two flagship properties, while it seeks opportunities to monetize and/or add value to its remaining holdings. For mining investors, EXS provides a ground-floor opportunity to buy into a company with two established mineral resources, in legendary mining districts with the flow-through tax credits as icing on the cake. Read more at https://www.stockhouse.com/news/newswire/2018/01/29/dealroom-new-opportunities-legendary-mining-camps#c8l5wQ7AedBbpP1E.99