$EXSFF...DRILLING STARTS AT THE TPW GOLD DEPOSIT..
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Posted On: 05/19/2017 10:38:00 AM
$EXSFF...DRILLING STARTS AT THE TPW GOLD DEPOSIT... Chris Dupont, President & CEO of EXS/EXSFF/E1H1 was interviewed by ABN Newswire last night. Please take a few minutes to watch it. http://www.abnnewswire.net/press/en/88378/exs. A drill rig was moved on to the Company’s Timmins Porcupine West (TPW) property last Tuesday, and existing Hole #109 was re-entered. It had previously been drilled to a depth of 400meters (1,312ft). The hole will be extended by an additional 500meters, representing a total depth of 900meters (2,953ft). Dupont is looking for the deeper, GOLD rich sheer zones that have yielded 5grams/ton, and better close by at depth. In the video, he emphasizes the need to minimize the distances between existing holes, so the results can be included to upgrade the 43-101 Resource Estimate. The entire 3,000meter drill campaign is geared to maximize this estimate at the easternmost reach of the GOLD deposit, within a stone’s throw of Metals Creek, & Goldcorp, drilling on the same geologic structure. During the video, he also suggests that as the price of GOLD escalated to USD$1,900/oz on the last runup, Explor Resources stock price rose to the $1.50 area, on very substantial volume, I might add. I think its fair to say the GOLD bull is on the horizon, given recent, & suggested geopolitical events. Personally, I think this is the single most important development in the past two years.
I would also like to remind readers that the most comprehensive EXS stock quote can be found at https://www.stockwatch.com/Quote/Detail.aspx?...p;region=C. It includes all ‘Dark Market’ activity, through the variety of Toronto Stock Exchange ‘sub-boards’. Also, a true three-month trading history can be viewed at https://www.stockwatch.com/Quote/Detail.aspx?...p;region=C. As most quote services, and banks, only show actual TSX Venture trades, most of us are led to believe that EXS only traded 20,000 shares yesterday. However, using the link, its obvious the reported total volume should be 240,000 shares, with 220,000 trading through the ‘M-TriAct’ sub-board.
The departure of Teck refocuses Explor’s efforts on expanding the TPW GOLD Resource, to make it as attractive to potential buyers, or partners as possible. The East Bay program is still on track, but developments elsewhere will be delayed, until Dupont completes the 3,000meter TPW program.
I would also like to remind readers that the most comprehensive EXS stock quote can be found at https://www.stockwatch.com/Quote/Detail.aspx?...p;region=C. It includes all ‘Dark Market’ activity, through the variety of Toronto Stock Exchange ‘sub-boards’. Also, a true three-month trading history can be viewed at https://www.stockwatch.com/Quote/Detail.aspx?...p;region=C. As most quote services, and banks, only show actual TSX Venture trades, most of us are led to believe that EXS only traded 20,000 shares yesterday. However, using the link, its obvious the reported total volume should be 240,000 shares, with 220,000 trading through the ‘M-TriAct’ sub-board.
The departure of Teck refocuses Explor’s efforts on expanding the TPW GOLD Resource, to make it as attractive to potential buyers, or partners as possible. The East Bay program is still on track, but developments elsewhere will be delayed, until Dupont completes the 3,000meter TPW program.
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