VAL-D'OR, QC, Oct. 23 /CNW Telbec/ - X-Ore Resources Inc. (TSXV - XOR)
("X-Ore") is pleased to announce that it has contracted Layne de Mexico S.A.
de C.V. to complete the current drilling program at its Natora gold project in
Layne, used primarily by major gold and copper producers in major mining
camps in North and South America, will resume the drilling program for X-Ore
from the current contractor. To date, over 1,000 metres have been completed
and a further 2,500 metres are expected to be completed by Layne towards the
end of November. The remainder of the drilling program is expected to begin
this week and focus on the more promising targets on the Natora property.
Richard Dufresne, Geo., is the qualified person under Canadian standard
43-101 who supervised the exploration work as well as reviewed and approved
the content of this press release.
About X-Ore Resources Inc.
X-Ore Resources is a mineral exploration company with 17 properties
located in known gold regions of Mexico and Canada, including the prolific
Sierra Madre Gold Belt in proximity to Minefinder's Dolores (15 km east),
Alamos' Mulatos (40 km south) and Gammon Lake's Ocampo (80 km south) deposits,
as well as the Val-d'Or region of Quebec.
The TSX Venture Exchange does not accept responsibility for the accuracy
of this press release. This press release contains "forward-looking
statements" not based on historical facts. Forward-looking statements express,
as of the date of this press release, our estimates, forecast, projections,
expectations and opinions as to future events or results. Forward-looking
statements herein expressed are reasonable, but involve a number of risks and
uncertainties, and there can be no assurance that such statements will prove
to be accurate. Therefore, actual results and future events could differ
materially from those anticipated in such statements. Factors that could cause
results or events to differ materially from current expectations expressed or
implied by the forward-looking statements include, but are not limited to,
fluctuations in the market price of precious metals, mining industry risks,
uncertainty as to calculation of mineral resources and requirements of
additional financing and the capacity of the Company to obtain financing.
For further information:
For further information: Mr. Léon Méthot, President and CEO, (819)
824-5422; Mr. Richard Dufresne, Vice-president, (819) 824-5422; Mr. Paul
Goulet, Investor Relations, (514) 710-8290, email@example.com; www.x-ore.com