Explor Resources Inc. is a gold and base metals exploration company with mineral holdings in Ontario, Quebec, New Brunswick and Saskatchewan, Canada. The company is currently focused on exploration in the Abitibi Greenstone Belt of Ontario and Quebec, and Base metal in New Brunswick. It should be noted that the Abitibi has produced more than 180 M ounces of gold and more than 450 Mt of Cu-Zn ore to date. Explor's total land position in the Abitibi Greenstone Belt is approximately 25,000 hectares. Explor also owns 1,991 hectares of mining claims in Saskatchewan and 2800 hectares in New Brunswick.
Explor Resources Flagship project is the Timmins Porcupine West (TPW) Project located in the Porcupine mining camp, in the Province of Ontario. The resulting resource estimate for the TPW Project includes: In-Pit Indicated Resources of 4,283,000 tonnes at a grade of 1.55 g/t Au for 213,000 contained oz gold; In-Pit Inferred Resources of 1,140,000 tonnes at a grade of 2.09 g/t Au for 77,000 oz; out of pit potential underground Indicated Resources of 4,420,000 tonnes at a grade of 2.79 g/t Au for 396,000 contained oz; and out of pit potential underground Inferred Resources of 5,185,000 tonnes at a grade of 2.36 g/t for 393,000 contained oz. Total Indicated Resources are estimated to contain 609,000 contained oz and total Inferred Resources are estimated to contain an additional 470,000 contained oz.