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temex resources corp (TME) Snapshot

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02/14/14 - C$0.13
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temex resources corp (TME) Details

Temex Resources Corp., a mineral exploration company, is focused on the acquisition and exploration of precious metals properties in Canada. It explores for gold and silver deposits. The company’s principal property includes the Whitney gold project located in the Timmins Gold Camp, northeastern Ontario. Temex Resources Corp. is headquartered in Toronto, Canada.

temex resources corp (TME) Top Compensated Officers

Chief Executive Officer, President, Director ...
Total Annual Compensation: C$205.0K
Vice President of Exploration and Corporate S...
Total Annual Compensation: C$170.0K
Compensation as of Fiscal Year 2014.

temex resources corp (TME) Key Developments

Temex Resources Corp. Announces Resignation of Gregory Gibson as Director

Temex Resources Corp. announced that Mr. Gregory Gibson has resigned as a Director of the Board of Directors of the Corporation so that he may focus his efforts on his duties as CEO and a Director of San Gold Corporation, President, CEO and Director of Kerr Mines and as a director other exploration companies.

Temex Resources Corp. Announces Board of Directors Appointments

Temex Resources Corp. announced the appointment of René Marion to the position of Executive Chairman of the Board of Directors and Mr. Edward (Ted) V. Reeser to the Board of Directors of Temex effective immediately. Mr. Kim Tyler is being promoted into the position of Operations Manager. Concurrent with Mr. Marion's appointment as Executive Chairman, due to increased commitments with other issuers, Mr. Gregory Gibson has resigned as Chairman of the Board of Directors. Mr. Marion is a senior corporate executive with extensive experience in all aspects of the mining sector, including corporate governance, executive leadership, strategic planning, operations, operating management, reserves and mine engineering. Mr. Reeser is the owner and President of Celco, an importer and distributor of commercial food service equipment. Concurrent with the appointments, Mr. Kim Tyler has been appointed Operations Manager of the Whitney Project in Timmins. Mr. Tyler has over 30 years of experience in open pit and underground mining operations, exploration and management principally on gold, base metals and industrial minerals commodities.

Temex Resources Corp. Announces Drill Results on Whitney Gold Project, Timmins, Ontario

Temex Resources Corp. announced results from the definition drill campaign on the Whitney Gold Project located in Timmins, Ontario. The Property is held under a joint venture in which Temex owns 60% and is the operator, and Goldcorp Canada Ltd. owns 40%. TW14-371: 8.91 g/t gold over 16.40 metres (8.04 g/t gold at a capped grade of 55.00 g/t gold) including 20.06 g/t gold over 3.60 metres and 35.65 g/t gold over 1.60 g/t (26.74 g/t gold at a capped grade of 55.00 g/t gold) and 83.50 g/t gold over 0.50 metres (55.00 g/t gold capped) starting at 34.0 metres from surface. TW14-375: 4.57 g/t gold over 7.40 metres including 40.10 g/t gold over 0.50 metres (40.60 to 48.00 metres downhole). TW14-374: 3.32 g/t gold over 9.30 metres including 6.49 g/t gold over 2.50 metres (39.00 to 48.30 metres downhole). TW14-361: 2.37 g/t gold over 8.40 metres including 7.56 g/t gold over 2.20 metres (31.20 to 39.60 metres downhole). Eleven holes were recently drilled within the 110 Zone, seven of which (TW14-361, 363, 371-375), successfully intercepted the vein structure. Four holes intersected visible gold. To date 31 of the 44 holes drilled in this program intersected the 110 Zone quartz vein structure, which continues to demonstrate excellent continuity of the Zone over the 230 metres of strike length now tested. Drill hole TW14-371 extended the Zone beyond the 50 metre vertical depth where it remains open on the westernmost section intercepting 8.91 g/t gold (uncapped) over 16.40 metres including 20.06 g/t gold over 3.60 metres and 35.65 g/t gold (uncapped) over 1.60 g/t including 83.50 g/t gold over 0.50 metres (55.00 g/t gold capped grade).


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