OTCPK:EXSFF - Post by User
Post by
BFREE2on Jun 09, 2010 5:42pm
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Post# 17174671
Update for the lads.
Update for the lads.Jun 09, 2010 17:33 ET
Explor to Begin New Diamond Drilling Program on Eastford Lake Property
ROUYN-NORANDA, QUEBEC--(Marketwire - June 9, 2010) -
Explor Resources Inc. (TSX VENTURE:EXS) is pleased to announce the beginning of a 2700 meter drilling program on the Eastford Lake Gold Property, program that will be focussing on intersecting the gold bearing shear zones that are intersected by a major fault structure that is trending in a north north easterly direction and through the Lynx Gold Zone.
The main vein of the Lynx Gold Zone contains visible gold and appears to strike in a north-north westerly direction and is steeply dipping to the south south-westerly direction. The property is situated in the Kerrs, Warden, Milligan Townships and the Rayner Lake area, south-west of Lake Abitibi, Ontario, 90 km east of the Timmins-Porcupine gold mining camp. The Eastford Lake Property consists of 170 contiguous unpatented mining units for a total of 3,100 hectares.
A recent study realized by Robert Tremblay of Val-d'Or focussed on mapping all structural features and their correlation with gold mineralization. As a result of this review, a first interpretative geological map of the gold-bearing zone was developed. The drilling program is based on the positive results that were obtained with this study. The program is designated to determine the strike of the high grade mineralization that was found in Hole #7.
The discovery of the Lynx Gold Zone in this largely unexplored area represents a major technical success. As a possible new gold camp associated with the regional Destor-Porcupine Fault, it requires further systematic drilling to test and improve the proposed geological model, extend the known gold zones and search for new mineralized zones elsewhere on the property.