Typhoon: At the Core of the Destor-Porcupine Gold Structure
Typhoon Exploration Inc. (TSX VENTURE: TOO) has recently discovered a new showing, “Mc Donald showing”, at more than 450 meters (1 480 feet) east of the Fayolle deposit. This discovery confirms the great gold potential of the Fayolle property located at the core of a significant metallotect (Destor-Porcupine) that has produced over 75 million gold ounces since the beginning of the last century. (See map available at the following address: http://media3.marketwire.com/docs/fayolle_eng1111.pdf).
The Mc Donald showing is located at more than 1,2 km of the Aiguebelle-Goldfields showing where several significant gold values were investigated by drilling. Therefore, the distance between the showings confirm once more the gold potential of the Fayolle property and prove the relevance of exploration works.
The Fayolle property covers an area of more than 26 km2 including 8 km at the core of the Destor-Porcupine gold structure. The Fayolle deposit, comprising more than 188,000 ounces of inferred gold resources (see January 19, 2007 press release), covers only approximately 1% of the property’s surface, indicating the possibility of a great gold potential.
Several exploration works are in progress on the Fayolle property.
Mr. Robert Gagnon, P. Geo., Technical Advisor, a Qualified Person as defined by National Instrument 43-101, supervised the preparation of the information in this news release.
The common shares of Typhoon Exploration are listed on the Venture Stock Exchange under the symbol “TOO”.
Statements in this release that are not historical facts are ” forward-looking statements ” within the meaning of the U.S. Private Securities Litigation Reform Act of 1995. Readers are cautioned that any such statements are not guarantees of future performance, and that actual developments or results may vary materially from those in these “forward-looking statements”.
The TSX Venture Exchange does not accept responsibility for the adequacy or accuracy of this release.
Contacts: Typhoon Exploration Inc. David Mc Donald 450-622-4066 / Toll-free: 1-877-622-4004 450-622-4337 (FAX) firstname.lastname@example.org
SOURCE: TYPHOON EXPLORATION INC.