Explor Resources Makes Acquisitions, Increases Size of Chester Property

Explor Resources Inc. (TSXV:EXS, OTCQX:EXSFF) announced that they have acquired 39 contiguous mineral units totalling 858 hectares (2119 acres), which increases the Chester Property by 52 percent to 2508 hectares.

As quoted in the press release:

Explor will pay $30,000 CDN and issue 750,000 common shares for an Option to acquire 100% interest in the additional claims of the Chester Property. The Optionors have retained a 2.0% NSR on the property. This acquisition is subject to regulatory approval.

To view the whole press release, click here.