Typhoon Exploration TYP:CA and Aurizon Mines ARZ:CA announced assays from Typhoon’s Fayolle Property, Quebec. Results include 112.5 g/t gold over 6 metres, 6.3 g/t over 3 metres, 5.72 g/t over 2 metres and 33.79 g/t over 1.5 metres.
Aurizon has the option to acquire up to a 65% interest in the Fayolle project by incurring total expenditures of $25 million and subscribing for common shares of Typhoon, over a three year period, for gross proceeds of $2 million.
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President/CEO, Typhoon Exploration
or David P. Hall,
President/CEO, Aurizon Mines
by Ted Niles