Toron Inc. is pleased to announce work program for Tiblemont Properties in Quebec
MONTREAL, Aug. 2, 2012 /PRNewswire/ – Toron Inc. (OTCBB: TRON) – (The Company), is pleased to announce its work program for its Tiblemont Properties
located in Quebec. The properties to be explored are located in the
South Eastern part of the Abitibi Greenstone Belt of the Canadian
Shields, Superior Province. The Tiblemont Gold Property (TGP) is
located 40 kms north east of Val Dor Quebec. The Val Dor region has
produced over 30 million ounces of gold since its discovery in the
early 1900s. With the use of new technological tools there are thought
to be many more potential discoveries in the region.
Toron has put together an Exploration Work Program for its Tiblemont
Gold Property. This property is made up of 100 claims encompassing
approximately 11,000 acres. The Work Program will be broken up into
three phases:
Phase 1 of the proposed work would be to put together a Compilation and
Reinterpretation of all the existing geophysical data that is available
on the property. In addition, all historical geological, geophysical
and exploration works would be examined.
Phase 2 would involve Prospecting and Geophysical Mapping of the areas.
Then Geophysical surveys using both airborne and land based magnetic
surveys.
Phase 3 will be Exploration Drilling on targets identified by Phase 1
and Phase 2. This would be followed with Compilation of all data and
further interpretation.
“We are very eager to begin our three phase Work Program as we are
encouraged by the results of our 43-101 report and newly found results
from a drilling program by another company which neighbors our claims”,
states, CEO of Toron, Michael Whitehead.
About Us
Toron Inc. (www.toroninc.com) prides itself on being a new mineral exploration company focusing its
attention on projects involving gold and other valuable metals. Based
in Quebec, one of Canada’s richest mining provinces, Toron Inc., a
Nevada company incorporated a wholly owned subsidiary, Toron Resources
Inc., for the sole purpose of exploring mining projects in Canada, and
specifically, in Quebec and Ontario.
Further information on the Company can be found at www.sec.gov and the company’s website at www.toroninc.com
Safe Harbor Statement
Some statements in this news release contain forward-looking information
or forward-looking statements for the purposes of applicable securities
laws. These statements include, but are not limited to, statements
with respect to exploration and commercialization of the company’s
claims. These statements address future events and conditions and, as
such, involve known and unknown risks, uncertainties and other factors,
which may cause the actual results, performance or achievements to be
materially different from any future results, performance or
achievements expressed or implied by the statements. Such factors
include, among others, the timing and completion of contemplated
financings, the actual use of proceeds, receipt of regulatory approvals
and the timing and success of future exploration development and
production activities. In making the forward-looking statements, the
Company has applied several material assumptions including, but not
limited to, the assumptions that: (1) the proposed exploration and
development of its mineral projects will proceed as planned; (2) market
fundamentals will result in sustained metals and minerals prices and
(3) any additional financing needed will be available on reasonable
terms. The Company expressly disclaims any intention or obligation to
update or revise any forward-looking statements whether as a result of
new information, future events or otherwise except as otherwise
required by applicable securities legislation. These statements are
based on our current plans and expectations and involve risks and
uncertainties that could cause actual future events or results to be
different than those described in or implied by such forward-looking
statements. These risks and uncertainties include those relating to:
lack of operating history, transitioning from a development company to
an operating company, difficulties in distinguishing Toron Inc.
resources and ability to mine Toron Inc. resources, market acceptance
of our products and services; operational difficulties relating to
combining acquired companies and businesses; our ability to form and
maintain mutually beneficial relationships with customers and strategic
partners; changes in economic, political or regulatory conditions or
other trends affecting the mining sectors, and our ability to attract
and retain qualified personnel. Further information about these matters
can be found in our Securities and Exchange Commission filings. We
expressly disclaim any intent or obligation to update these
forward-looking statements.
For further information, please contact:
Holybank Communications Ltd.
Tel: 1-877-617-6623
Email: info@toroninc.com
SOURCE Toron Inc.
