Last C$0.04 CAD
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As of 11:23 AM 09/22/14 All times are local (Market data is delayed by at least 15 minutes).

explor resources inc (EXS) Snapshot

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09/25/13 - C$0.18
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explor resources inc (EXS) Details

Explor Resources Inc. explores for and develops mineral properties in Canada. It focuses on exploring for gold and base metals. The company has a portfolio of properties located in the Provinces of Ontario, Quebec, and New Brunswick. Its flagship project is the Timmins Porcupine West gold project, which consists of 106 unpatented mining units covering a total 1,930 hectares located in the Province of Ontario. The company was formerly known as Odaat Inc. and changed its name to Explor Resources Inc. in January 2004. Explor Resources Inc. was incorporated in 1986 and is headquartered in Rouyn Noranda, Canada.

Founded in 1986

explor resources inc (EXS) Top Compensated Officers

Chief Executive Officer, President, Chief Ope...
Total Annual Compensation: --
Chief Financial Officer
Total Annual Compensation: --
Compensation as of Fiscal Year 2014.

explor resources inc (EXS) Key Developments

Explor Resources Inc. Starts Exploration Program on the Launay Nickel Property

Explor Resources Inc. announced the start of Phase I of its exploration program on the Launay Nickel Project. The Launay Nickel Project is comprised of 2249.4 hectares and is located 20 kilometers west of Amos, Quebec and 45 kilometers northwest of Val d'Or, Quebec. Phase I which consisted of 60 kilometers of line cutting and geophysics to determine targets has been completed. Phase ll which will consist of a 1000 meter diamond drill program will commence by mid June 2014. The Launay Nickel Project is contiguous with and to the northwest of the 4,080 hectare Royal Nickel Property as shown in the attached plan. The Royal Nickel Property covers the entire Dumont nickel deposit which is cited to contain a measured resource of 372 million tonnes at 0.28% nickel and an indicated resource of 1.29 billion tonnes at 0.26% nickel as stated on the Royal Nickel website. Once in operation, the mine will produce nickel for over 30 years.

Explor Resources Announces Acquisition of Mineral Claim Located in the Duparquet Township

Explor Resources Inc. announced the acquisition of a mineral claim located in the Duparquet Township, in the Rouyn-Noranda Mining Division, Province of Quebec for a total of 42.51 hectares. The claim is contiguous to the East Bay Property. Explor will issue 50,000 shares to acquire a 100% interest in the additional East Bay claim. The vendor has retained a 1% NSR in the property. This acquisition is in line with the Corporation's strategy of increasing its property along the Porcupine Destor Fault Zone (PDFZ), where several notable gold deposits have been found in the past, including the Timmins mining camp which produced more than 65 million oz of gold. The Corporation now owns 3,884.08 ha of land along this section of the PDFZ. The East Bay Gold Property is located to the west and north of the Consolidated Beattie and Donchester Gold Property and contiguous to the ground on which Clifton Star Resources Inc. continues to intersect wide width of gold mineralization.

Explor Resources Inc. Announces Management Changes

Explor Resources Inc. announced that Mr. Rodrigue Tremblay has replaced Mr. Jacques Frigon as Chief Financial Officer of the Corporation, following Mr. Frigon's retirement and resignation. Mr. Tremblay will be acting as CFO but will not be joining the Board of Directors at the present time.


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