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Explor Resources Inc New EXSFF

Metals & Mining Industrial Metals & Minerals
Explor Resources Inc is a Canadian company which is engaged in the acquisition and exploration of mining properties in Canada. Its projects comprise of Chester Copper Deposit, Bathurst Mining Camp, Timmins Porcupine West, Montrose, Kidd Township, Carnegie and Eastford Lake among others.


OTCPK:EXSFF - Post by User

Explor Resources Inc New
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Comment by grizfishon Dec 07, 2011 3:05pm
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Post# 19300430

RE: PDG vs. EXS

RE: PDG vs. EXS

Why is this discussion digressing to a "whizzing contest" about ore grades at fundamentally different properties?

Porcupine West has an initial 43-101 that states "the grades encountered could in theory support a potentially profitable future underground mining operation."

Magino has a feasibility study due next year for an "open pit" project.

Open pit mining uses different cutoff grades than underground mining.  This is usually due to a large difference in the ore extraction costs.

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