Xplore Resources Announces Changes to Board of Directors
Toronto, Ontario--(Newsfile Corp. - April 21, 2023) - Xplore Resources Corp. (TSXV: XPLR) ("Xplore or "the Company"), announces that, effective immediately, Mr. David Patterson has resigned from the Board of Directors. The Board wishes to thank Mr. Patterson for his services.Also, effective immediately, Mr. David Walters, MBA, has agreed to join the Board of Directors. Mr. Walters is a Managing Director at Ensign Capital, a Canadian registered Exempt Market Dealer, and is a Director at Steep...
2023-04-21 4:45 PM EDT
Xplore Reports Surge Reconnaissance Results and Provides Update on Ontario Property Portfolio
Toronto, Ontario--(Newsfile Corp. - March 1, 2023) - Xplore Resources Corp. (TSXV: XPLR) ("Xplore or "the Company"), is pleased to report results from the initial reconnaissance mapping of the Surge Lithium Property ("Surge"), located approximately 110 kilometres northeast of Sioux Lookout, Ontario.Highlights:Trace element results suggest opportunity for lithium-cesium-tantalum ("LCT") type pegmatites;Key element ratios indicate favourable setting for LCT pegmatites; Anomalous copper, zinc...
2023-03-01 7:31 AM EST
Xplore Receives Approval on Stock Option Plan
Toronto, Ontario--(Newsfile Corp. - December 23, 2022) - Xplore Resources Corp. (TSXV: XPLR) ("Xplore" or the "Company"), announces receipt of approval from the TSX Venture Exchange for its new stock option plan (the "Plan"), implemented on August 8, 2022 by the board of directors and approved by shareholders at the Company's last annual general and special meeting of shareholders (the "Meeting") held November 29, 2022. The maximum number of common shares which may be issued under the Plan...
2022-12-23 11:27 AM EST
Xplore Provides Update on the Surge Lithium Property
Toronto, Ontario--(Newsfile Corp. - December 7, 2022) - Xplore Resources Corp. (TSXV: XPLR) ("Xplore or "the Company"), is pleased to provide an update on the Surge Lithium Property ("Surge"), located approximately 110 kilometres northeast of Sioux Lookout, Ontario.Highlights:A new sulphide trend traced in outcrop along a 1,500 metre east-west trend including three outcrops of massive (+50%) to semi-massive (+25%) pyrite-chalcopyrite-pyrrhotite sulphides;Sixteen (16) saw cut, continuous...
2022-12-07 7:00 AM EST
Xplore Acquires Additional Lithium Prospective Properties in Brazil
Toronto, Ontario--(Newsfile Corp. - December 6, 2022) - Xplore Resources Corp. (TSXV: XPLR) ("Xplore or "the Company"), has acquired, through staking, an additional seven (7) claims totaling 9,120 hectares in the Borborema Pegmatite Province ("BPP"), Brazil. The properties are located approximately 150 kilometres west of Natal in the state of Rio Grande do Norte in the northeastern region of Brazil. Rio Grande do Norte offers excellent, year-round road access and established...
2022-12-06 7:00 AM EST
Xplore Resources Announces Expiration of Diamond Mountain Agreement
Toronto, Ontario--(Newsfile Corp. - October 17, 2022) - Xplore Resources Corp. (TSXV: XPLR) ("Xplore" or "the Company"), announces that the agreement (released June 6, 2022 and amended August 16, 2022) to acquire a 51% interest in the Diamond Mountain phosphate project ("Diamond Mountain") from Revival Gold Inc. has expired. About Xplore Resources (TSXV: XPLR)Xplore Resources is a Toronto-based mining exploration company listed on the TSX Venture Exchange under symbol XPLR and is focused on...
2022-10-17 4:40 PM EDT
Xplore Modifies Option Terms with Abitibi Royalties on the Upper Red Lake Project
Toronto, Ontario--(Newsfile Corp. - October 4, 2022) - Xplore Resources Corp. (TSXV: XPLR) ("Xplore or "the Company") announces that Abitibi Royalties Inc. ("Abitibi") has agreed to extend the anniversary date of the option agreement announced March 3, 2021, as modified on February 11, 2022, wherein Xplore is earning the right to earn a 100% interest in the Upper Red Lake Project (the "Upper Red Lake"), a 1,750 Ha gold project located in the Red Lake Mining division, Ontario. ...
2022-10-04 4:34 PM EDT
Xplore Acquires the Energia Lithium Exploration Properties in the Eastern Brazilian Pegmatite Province, Minas Gerais, Brazil
Toronto, Ontario--(Newsfile Corp. - September 22, 2022) - Xplore Resources Corp. (TSXV: XPLR) ("Xplore or the "Company"), is pleased to announce it has acquired the Energia Lithium Properties ("Energia"). The four (4) claims acquired through staking, total 4,585 hectares and are located within the Eastern Brazilian Pegmatite Province ("EBPP"), Minas Gerais, Brazil Ref. Figure 1). The EBPP is 200 kilometre wide, 800 kilometre long "S" shaped area, elongated along an NNE-SSW axis that transects...
2022-09-22 9:00 AM EDT
Xplore Resources Provides Update on the Diamond Mountain Transaction and Other Corporate Updates
Toronto, Ontario--(Newsfile Corp. - August 16, 2022) - Xplore Resources Corp. (TSXV: XPLR) ("Xplore" or "the Company"), announces that further to its news release of June 7, 2022, it has reached an agreement with Revival Gold Inc. ("Revival") to extend the "Outside Date" noted in the Mining Property Purchase Agreement with Revival dated June 6, 2022 (the "Purchase Agreement") to September 30, 2022. All other terms and conditions of the Purchase Agreement remain unchanged.The Diamond Mountain...
2022-08-16 5:11 PM EDT
Xplore Resources Announces Private Placement Financing
Toronto, Ontario--(Newsfile Corp. - June 21, 2022) - Xplore Resources Corp. (TSXV: XPLR) ("Xplore or the "Company"), is pleased to announce a non-brokered private placement offering of a minimum of 62,500,000 Units (the "Units") at $0.08 per Unit for gross proceeds of a minimum of $5,000,000, (the "Offering").Each Unit will consist of one common share of Xplore (a "Common Share") and one-half of one non-transferable common share purchase warrant (each whole common share purchase warrant, a...
2022-06-21 7:30 AM EDT
Xplore Resources to Acquire 51% Interest in the Diamond Mountain Phosphate Project
Toronto, Ontario--(Newsfile Corp. - June 7, 2022) - Xplore Resources Corp. (TSXV: XPLR) ("Xplore or the "Company"), is pleased to announce that it has entered into a definitive agreement (the "Agreement") to acquire a 51% interest in the Diamond Mountain phosphate project ("Diamond Mountain" or the "Project") from Revival Gold Inc. ("Revival"). The Project is located approximately 30 kms north-east of Vernal, Utah. The remaining 49% interest is held by Utah Mineral Resources LLC....
2022-06-07 7:30 AM EDT
Xplore Announces Airborne Survey of Surge Lithium Property
Toronto, Ontario--(Newsfile Corp. - March 30, 2022) - Xplore Resources Corp. (TSXV: XPLR) ("Xplore" or the "Company"), is pleased to announce that it has contracted Prospectair Geosurveys Inc. ("Prospectair") of Gatineau, Quebec to complete a high-resolution heliborne magnetic survey of the recently optioned 3416 ha lithium Surge Property (the "Property" or "Surge") located in the Patricia Mining District, Ontario, Canada approximately 150 kms east of Red Lake, Ontario. Wes Hanson, P.Geo.,...
2022-03-30 9:25 AM EDT
Xplore Reports 7.83 g/t Au in Till at Upper Red Lake
Toronto, Ontario--(Newsfile Corp. - March 24, 2022) - Xplore Resources Corp. (TSXV: XPLR) ("Xplore or the "Company"), is pleased to announce anomalous gold in till sample results obtained from the Upper Red Lake Property (the "Property" or "URL") located in the Red Lake Mining District, Ontario.Reconnaissance gold in till sampling confirms highly anomalous gold grain counts75% of the sample population returned gold grain counts in the upper decile of regional till sampling completed by the...
2022-03-24 7:30 AM EDT
Xplore Announces Earn-In Option Agreement on the Surge Lithium Project
Toronto, Ontario--(Newsfile Corp. - February 22, 2022) - Xplore Resources Corp. (TSXV: XPLR) ("Xplore" or the "Company"), is pleased to announce that it has entered into an Option Agreement (the "Agreement") with 1544230 Ontario Inc. and Gravel Ridge Resources Inc. (together the "Optionors") to earn a 100% ownership interest in eight (8) unpatented contiguous mining claims (3416 ha) that make up the Surge Property (the "Property" or "Surge") located in the Patricia Mining District, Ontario,...
2022-02-22 4:30 PM EST
Xplore Resources Modifies Terms of Upper Red Lake Agreement
Toronto, Ontario--(Newsfile Corp. - February 11, 2022) - Xplore Resources Corp. (TSXV: XPLR) ("Xplore or "the Company"), announces that Abitibi Royalties Inc. has agreed to extend the time in which to make the first anniversary payment under a property option agreement announced March 3, 2021, wherein Xplore is earning the right to earn a 100% interest in the Upper Red Lake Project, located in the Red Lake Mining division, Ontario. In consideration for the issuance of an additional...
2022-02-11 12:22 PM EST
Xplore Isolates Priority Geophysical Targets at the Upper Red Lake Property
Toronto, Ontario--(Newsfile Corp. - December 14, 2021) - Xplore Resources Corp. (TSXV: XPLR) ("Xplore" or the "Company"), has identified and prioritized targets at its Upper Red Lake Project ("Upper Red Lake"), located in the Red Lake Mining Division, Ontario.Jeremy S. Brett, M.Sc., P.Geo., Senior Consulting Geophysicist, Jeremy S. Brett International Consulting Ltd., has reviewed the airborne magnetic data for the Upper Red Lake property, identifying six priority anomalies for field...
2021-12-14 8:00 AM EST
Xplore Announces Acquisition of Brazilian Exploration Company Baru Exploracao Mineral Ltda
Toronto, Ontario--(Newsfile Corp. - December 6, 2021) - Xplore Resources Corp. (TSXV: XPLR) ("Xplore or "the Company"), is pleased to announce the acquisition of Baru Exploração Mineral Ltda. ("Baru"), a Brazilian limited liability company.Terms of TransactionUnder the terms of the purchase and sale agreement (the "Agreement"), the Company will acquire 100% of the issued and outstanding securities (the "Shares") from the Baru shareholders, Giorgio Francesco Cesare De Tomi and Emerson Ricardo...
2021-12-06 4:30 PM EST
Xplore Announces Completion of Phase 1 Airborne Survey at Red Lake Mining District, Ontario
Toronto, Ontario--(Newsfile Corp. - September 21, 2021) - Xplore Resources Corp. (TSXV: XPLR) ("Xplore or "the Company"), is pleased to announce that Phase 1 2021 exploration programs have been completed at the Company's Upper Red Lake Gold Project ("Upper Red Lake"), the Pringle Lake Property ("Pringle Lake") and Perrigo Lake Property ("Perrigo Lake") all located in the Red Lake Mining Division, Ontario.The airborne survey was conducted by Prospectair Geosurveys Inc. based in Gatineau,...
2021-09-21 8:10 AM EDT
Xplore Announces Earn-In Option Agreement on Perrigo Lake Property, Red Lake Mining District, Ontario
Toronto, Ontario--(Newsfile Corp. - August 20, 2021) - Xplore Resources Corp. (TSXV: XPLR) ("Xplore or "the Company"), is pleased to announce that it has entered into an Option Agreement (the "Agreement") with 1544230 Ontario Inc. and Gravel Ridge Resources Inc. (together the "Vendors") to earn a 100% ownership interest in the 166 contiguous cell claims (3,370 Ha) Perrigo Lake Property ("Perrigo Lake") located in the McNaughton Township, Red Lake Mining Division, ON., Canada.Summary of the...
2021-08-20 8:10 AM EDT
Xplore Resources Announces Phase 1 2021 Exploration Program
Toronto, Ontario--(Newsfile Corp. - July 26, 2021) - Xplore Resources Corp. (TSXV: XPLR) ("Xplore or "the Company"), is pleased to announce Phase 1 2021 exploration programs at the Company's Upper Red Lake Gold Project ("Upper Red Lake") and the Pringle Lake Property ("Pringle Lake") both located in the Red Lake Mining Division, Ontario and the Valk Copper Project ("Valk"), located on Vancouver Island, British Columbia. Xplore considers both Red Lake properties historically underexplored. The...
2021-07-26 8:00 AM EDT