Breaking News

Putin, Poroshenko Agree on Cease-Fire in Ukraine
Tweet TWEET

Typhoon Exploration Inc.: Work on Monexco

Typhoon Exploration Inc.: Work on Monexco 
LAVAL, CANADA -- (Marketwired) -- 08/12/13 -- TYPHOON EXPLORATION
INC. ("Typhoon") (TSX VENTURE:TYP) announces that mapping, sampling
and various structural measurements are currently underway on
stripping #1, #2 and VG of its Monexco Property. 
Located NE of Chibougamau, in the heart of the Plan Nord territory,
this property has returned several significant results, associated
with quartz-carbonate-tourmaline veins and veinlets most often hosted
in quartz-feldspar porphyry dykes (QFP).  


 
--  In 2007,at the eastern extremity of the #1 stripped outcrop area, the
    bulk sample carried a grade of 125g/ t gold or 3.07 oz / ton gold (see
    press release dated June 12, 2007).In addition, the channel sampling of
    the VG gold zone had reported coarse and angular fragments of native
    gold with a grade of 40.0 g/t Au over 1.0 metre. Other sampled areas
    returned values of 12.49 g/t Au over 1.0 metre and 8.47 g/t Au over 1.0
    m. (see press release dated March 11, 2008) 
 
--  In 2008, a prospecting and mapping campaign had revealed the possibility
    of extending the gold corridor with several significant gold values in
    selected samples. The best analysis were 29.9 g/t, 13.8 g/t, 12.1 g/t,
    38.2 g/t and 32.7 g/t, of gold. (see press release dated December 3,
    2008) 
 
--  In 2011, a drilling campaign was completed on the main showing and VG
    showing and the results obtained in the area had indicated that the
    gold-bearing mineralization was concentrated almost exclusively in and
    around the quartz veins. The best sample for the entire campaign
    returned a value 4.55 g/t Au over 1 m in drill hole MO-11-05. (see press
    release dated March 27, 2012) 

 
ABOUT TYPHOON EXPLORATION INC. 


 
--  Typhoon Exploration Inc. has a cash position of $3,579,654, representing
    $0.12 per share. 
--  Typhoon Exploration Inc. only has 29,656,791 shares outstanding. 

 
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 Axe
    Exploration Inc. / Rouyn-Noranda region 

 
QUALIFIED PERSON 
Mr. Daniel Gaudreault, P. Eng., Geol. (OIQ), of Geologica
Groupe-Conseil, is the Qualified Person as defined by National
Instrument 43-101, to supervise the preparation of this press
release. 
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.  
A map is available at the following address:
http://media3.marketwire.com/docs/0812TYPHOON_EN.pdf
Contacts:
David Mc Donald
President and CEO
450.622.4066 or Toll free: 1.877.622.4004
450.622.4337 (FAX)
info@typhoonexploration.com
www.explorationtyphon.com
 
 
Press spacebar to pause and continue. Press esc to stop.