Xplore Resources Corp. , is pleased to announce that Phase 1 2021 exploration programs have been completed at the Company's Upper Red Lake Gold Project , the Pringle Lake Property and Perrigo Lake Property all located in the Red Lake Mining Division, Ontario. The airborne survey was conducted by Prospectair Geosurveys Inc. based in Gatineau, Quebec using a EC120 Eurocopter Helicopter. The initial Phase 1 program consisted [...]
Xplore Resources Corp. , is pleased to announce that it has entered into an Option Agreement with 1544230 Ontario Inc. and Gravel Ridge Resources Inc. to earn a 100% ownership interest in the 166 contiguous cell claims Perrigo Lake Property located in the McNaughton Township, Red Lake Mining Division, ON., Canada. Summary of the terms of the proposed transaction: Under the terms of the Agreement, Xplore will acquire a [...]
Xplore Resources Corp. , is pleased to announce Phase 1 2021 exploration programs at the Company's Upper Red Lake Gold Project and the Pringle Lake Property both located in the Red Lake Mining Division, Ontario and the Valk Copper Project , located on Vancouver Island, British Columbia. Xplore considers both Red Lake properties historically underexplored. The initial airborne survey is scheduled for early August after [...]
Xplore Resources Corp. is pleased to announce that it has closed a flow through private placement offering, for gross proceeds of $360,000, by the issuance of 3,600,000 flow through shares at a price of $0.10 per share. The funds will be used to complete initial exploration on gold properties in the Red Lake Mining Division of Ontario as well as follow up exploration at the Valk copper project in British Columbia. In [...]
Xplore Resources Corp. is pleased to welcome Jonathon Fleming, MBA, BCom., to the Company's Advisory Board to assist in the further growth of Xplore Resources. Mr. Fleming is an executive with 20 years of financial experience in the resource sector. His previous experience includes over a decade as an Energy Research Analyst with Cormark Securities Inc., and as Executive Vice President at Granite Oil Corp. and Vice [...]
Xplore Resources Corp. announces the following appointments to the Company's Board of Directors. Xplore is pleased to welcome Mr. Picklu Datta, CPA, CA, BComm., and Mr. Sean Waller P.Eng., FCIM to the Company's Board of Directors. The Company also announces that Mr. McGuire has resigned as a Director, and is transitioning to the Company's Advisory Board. All changes are effective immediately. Mr. Datta is a mining [...]
Xplore Resources Corp. , announces today that it has received conditional approval from the TSX Venture Exchange for the previously announced Pringle Lake transaction with 1544230 Ontario Inc. and Gravel Ridge Resources Inc. to earn a 100% ownership interest in 78 contiguous cells Pringle Lake Property located in the Red Lake Mining Division, ON., Canada. A Mining Option Agreement was signed and announced on March 11 [...]
Xplore Resources Corp. is pleased to announce that it has entered into an Option Agreement with 1544230 Ontario Inc. and Gravel Ridge Resources Inc. to earn a 100% ownership interest in the 78 cell Pringle Lake Property located in the Red Lake Mining Division. Summary of the terms of the proposed transaction: Under the terms of the Agreement, Xplore will acquire a 100% ownership interest in Pringle Lake by completing the [...]
Xplore Resources Corp. announces that pursuant to discussions with the British Columbia Securities Commission, an updated Technical Report titled "Technical Report on the Valk Property" has been filed on SEDAR and the Company's website. The Technical Report with an effective date of March 6, 2021, was prepared by and under the supervision of Mr. Warren Robb, P.Geo. Mr. Robb is independent of Xplore. About Xplore Resources [...]
Xplore Resources Corp. announces today that it has received conditional approval from the TSX Venture Exchange for the previously announced letter of intent on January 13th, 2021 with Abitibi Royalties Inc. to earn a 100% interest in the 1,750 Ha Upper Red Lake Gold Project, located in the Red Lake Mining Division. The option agreement was signed on February 4, 2021 and the TSX.V provided Conditional Approval of the [...]
Xplore Resources Corp. announces today that it has signed a non-binding letter of intent with Abitibi Royalties Inc. to earn a 100% interest in the 1,750 Ha Upper Red Lake Gold Project, located in the Red Lake Mining Division. Summary of the terms of the proposed transaction: Under the terms of the LOI and subject to the completion of satisfactory mutual due diligence by Xplore and Abitibi within 30 days of signing of the [...]
Xplore Resources Corp. announces that it has completed the acquisition of the Valk Project in British Columbia previously announced on November 5, 2020. As per the terms of the Agreement, dated November 2, 2020, Xplore has acquired a 100% interest in the Valk Project by making a cash payment of C$ 100,000.00 and issuing 1.0 million shares of Xplore to Longford Capital Corp. . Longford maintains a 2% NSR Royalty on any [...]
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