Laval, Canada, June 12th 2007 � TYPHOON EXPLORATION INC. (the �Company�; TSX-V: TOO) announce an assay results of a 25 kg surface grab sample from the Company�s 100% owned Monexco Property, located 30 km NE of Chibougamau, Quebec. The bulk sample was taken during a surface outcrop sampling program on a quartz tension vein located at the eastern extremity of the #1 stripped outcrop area.
The work shows that the bulk sample carried a grade of 125 g/t gold or 3.7 oz/ton gold.
Following this result, the Company acquired 9 new claims contiguous to the Monexco Property, therefore the Company now holds 64 claims for a total surface of 7.8 km2
Dynamite trenching was carried out at the Monexco site. The 25 kg sample was taken from a secondary quartz vein cutting the main stratigraphy. The sample was sent to LTM Metallurgical Laboratories in Val-d�Or, Quebec for crushing and gold extraction using a gravimetric concentrator. More than 80% of the gold was recovered by gravity using a Knelson Concentrator, once the sample was crushed and pulverized to -400 mesh. Analysis of the concentrates and the rejects were done at the Bourlamaque Laboratory also in Val-d�Or.
Picture of workers preparing stripped outcrop site #1 for blasting.
The stripping and channel sampling on Monexco allowed the Company to determine that the gold was primarily linked to angled subsidiary structures part of the regional France Deformation Corridor, a similar gold bearing corridor to the World-Class Destor-Porcupine and Cadillac Breaks found further south in the same Abitibi Greenstone Belt.
After the trench was completed and the sample taken, one can still observe visible gold in the quartz tension vein. The Company also announces that it has initiated a detailed synthesis and re-evaluation of previous works from the area to ascertain the importance of these secondary structures, as well as prioritizing new targets for the 2007 exploration campaign.
The Monexco Property has been historically recognized for its visible gold occurrences within the France Deformation Zone, that included the panning of gold in the France River, near the #1 stripped outcrop. In addition, several significant gold assays were reported from a dozen grab samples, such as 30 g/t gold and 615 g/t gold, taken during work programs in 1986 and 1987 on the property (MRFQ, GM-45198).
Mr. Jean Lafleur, P. Geo., Director and Technical Advisor, a Qualified Person as defined by National Instrument 43-101, supervised the preparation of the information in this news release.
Contact and information
Tel.: (450) 622-4066; Fax: (450) 622-4337
Toll free: 1-877-622-4004
info@explorationtyphon.com
TSX-V: 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.
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