Explor Resources Inc New EXSFF

TECK RESOURCES LIMITED IS IN

[goldspinner]

Bashers can throw out insults 7 days a week...all day long. The fact remains TECK IS IN...Even Peschenio, admittingly, based on his sources info on TECK at TPW, is back in as an investor. Moreover, Brahma acknowledged an additional $5.83 million to be spent by TECK for 55%...goodstory2 was good enough to provide the NR...so the below parts of it are not necessary...Yet they are there again to quickly show in more context why the figure this year and to date were included. There WILL be a considerable DRILLING PROGRAM by TECK at TPW this winter. EXS share price will go UP...Those of us who OWN SHARES will reap the BENEFITS... Explor Resources Exploration Program Update on the Timmins Porcupine West Gold Property ROUYN-NORANDA, QUEBEC--(Marketwired - Nov. 24, 2016) - Explor Resources Inc. ("Explor" or "the Corporation") (TSX VENTURE:EXS)(OTCQX:EXSFF)(FRANKFURT:E1H1)(BERLIN:E1H1) is pleased to announce an Exploration Program Update on the Timmins Porcupine West Property ("TPW Property" or the "Property") as provided by Teck Resources Limited ("Teck"). In December 2014, the Corporation signed an agreement with Teck under which Teck can acquire an initial 55% interest in the Timmins Porcupine West property by completing exploration work expenditures totalling $8,000,000 by May 1st, 2019. A technical meeting was held on October 07, 2016 that reviewed results to date as well as plans going forward on the property as detailed below Read more at https://www.stockhouse.com/news/press-releases/2016/11/24/explor-resources-exploration-program-update-on-the-timmins-porcupine-west-gold#WDAB4VKGCvWaBzf5.99Based on the results of the borehole EM, a VTEM survey was supported. Theoretical modeling of the EM response suggests that the VTEM technique should be able to detect a West-deep size body within approximately 200m of the surface (varying with size and conductance of a targeted body), with the opportunity to identify new shoots. The VTEM survey was flown the week ending September 23rd, and results are pending data processing by the contractor. As far as expenditures on the property are concerned, Teck has forecasted approximately CA$316,000 expenditures for calendar year 2016. This brings the total forecast earn-in expenditures to approximately $2,130,000 CDN to year end. Teck stated that as far as a fall/winter 2016/2017 drill program is concerned, Teck has planned a program and is presently waiting for budgetary approval as a program has been put forward. Read more at https://www.stockhouse.com/news/press-releases/2016/11/24/explor-resources-exploration-program-update-on-the-timmins-porcupine-west-gold#jYMiRtSWwKEufZRI.99