Explor Announces Kidd Township Property Diamond Drilling Program

Explor Resources (TSXV:EXS) is pleased to announce the commencement of a diamond drilling program on the Kidd Township Property.
As quoted in the press release:

The Corporation’s Kidd Township Group of Properties are located to the North, South, West and East of the Glencore Kidd Creek Mine, located approximately 20 km north of Timmins, Ontario. Explor’s Kidd Township’s Group of Properties have a land position that cover an area of approximately 2,740.5 hectares. The most obvious topographical feature in the area is the Glencore Kidd Creek open pit mine, located in the central portion of Explor’s Kidd Township group of Properties. Explor plans a geophysical program consisting of mag and max/min to better define the targets followed by a 3000 meter diamond drill program.
The property is located in a Greenstone Belt composed mainly of sequences of Meta-Volcanic rocks cut by faults and deformation zones that lie in a NW-SE direction. There are many suites of Mafic Volcanic rocks as well. Excellent access to the property is provided by Hwy 655.
Exploration drilling completed by Explor to date has revealed a Major Fault Structure running to the west of the Glencore Kidd Creek Mine in a NW-SE direction. A thorough review of all existing geophysical data appears to support these findings. Drilling by Falconbridge in 1998 to the southeast of the Glencore Kidd Creek Mine (Hole # K26-01) returned 4.7m in which 4 of the 5 samples returned Zinc values from 4200 – 8900 ppm and Copper values that ranged from 700 – 2280 ppm. The Magnetic Anomaly associated with these results appears to continue onto Explor’s property holdings. A series of untested AEM (Airborne Electromagnetic) conductors detected on the Kidd Township Property to the west, south and southeast of the existing Kidd Creek Mine clearly warrant further investigation.

Click here for the full press release.