LAVAL, QUEBEC--(Marketwired - July 30, 2013) - Typhoon Exploration Inc. - (News - Market indicators) announces that the Annual General Assembly of the Company will be held August 8th, 2013 at 11h00 a.m., in the Montmorency room of the Laurentian Bank, located at 1699, Le Corbusier Blvd., Laval, QC.
Mr. David Mc Donald, President and CEO of Typhoon, will take this opportunity to share his comments regarding this past year.
The past year has been of particular significance with regards to exploration reports for Typhoon Exploration. A new resource estimate and preliminary economic study were completed on the Fayolle Deposit and published by press release.
In light of the results obtained to date, we are very confident that the exploration works in progress on all our properties located in the Mont-Brun area will allow increasing the resources and economic potential of the Fayolle Deposit, while identifying other high potential areas. Let us remind you that these properties are all located in a highly favorable zone, as identified by both Typhoon and Aurizon geologists as well as those of the Quebec government. This zone is located at the intersection of several faults which make up the Porcupine-Destor Fault Zone and its potential at depth has practically never been tested, but will be shortly.
ABOUT TYPHOON EXPLORATION INC.
Typhoon Exploration Inc. holds only 29,656,791 shares outstanding.
The information circular for our upcoming Annual General Assembly has been sent by mail. We invite the shareholders to review the document and exercise their voting right, either by mail, internet or by phone.
If shareholders have any questions or need assistance in voting their shares, please contact Mr. David Mc Donald (President and CEO) at Typhoon Exploration Inc. toll free at 1.877.622.4004 in North America (english and french) or by email at dmcdonald@typhoonexploration.com.
The Company owns the following projects:
- Fayolle Project, 100%-owned by Typhoon Exploration Inc. / Rouyn-Noranda region
(See agreement with Aurizon Mines Ltd. in press release dated May 18, 2010)
- Faille 1 Project, 100%-owned by Typhoon Exploration Inc. / Rouyn-Noranda region
- Monexco Project, 100%-owned by Typhoon Exploration Inc. / Chibougamau region
- Nordair Project, 100%-owned by Typhoon Exploration Inc. / James Bay region
- Aiguebelle-Goldfields Project, 51%-owned by Typhoon and 49%-owned by Agnico-Eagle Mines Limited / Rouyn-Noranda region
- Destorbelle Project, 50%-owned by Typhoon and 50%-owned by Diamond Frank Exploration Inc. / Rouyn-Noranda region
Typhoon targets the excellent mineral potential of its projects for the development of new world class gold deposits.
For more information, visit SEDAR's website at www.sedar.com or the company's website at www.typhoonexploration.com
The common shares of Typhoon Exploration Inc. are listed on the TSX Venture Exchange under the symbol "TYP".
Forward-Looking Statements
This news release contains statements that constitute "forward-looking information" or "forward-looking statements" within the meaning of applicable securities legislation. This forward-looking information is subject to numerous risks and uncertainties, certain of which are beyond the control of Typhoon. Actual results or achievements may differ materially from those expressed in, or implied by, this forward-looking information. No assurance can be given that any events anticipated by the forward-looking information will transpire or occur, or if any of them do so, what benefits that Typhoon will derive therefrom. Forward-looking information is based on the estimates and opinions of Typhoon at the time the information is released and Typhoon does not undertake any obligation to update publicly or to revise any of the forward-looking statements, whether as a result of new information, future events or otherwise, except as may be required by applicable securities laws. Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
