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Typhoon Exploration Inc (2)
Symbol TYP
Shares Issued 29,706,791
Close 2014-10-20 C$ 0.065
Market Cap C$ 1,930,941
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Typhoon, Hecla to begin exploration at Fayolle

2014-10-21 10:10 ET - News Release

Mr. David Mc Donald reports

TYPHOON AND HECLA WILL INITIATE AN EXPLORATION CAMPAIGN ON THE FAYOLLE PROPERTY

Typhoon Exploration Inc. will initiate an exploration campaign, in collaboration with Hecla Quebec Inc., on the Fayolle property (50 per cent owned by Hecla and 50 per cent owned by Typhoon). The Fayolle project needs to increase its resource base by the discovery of a new orebody. Typhoon and Hecla will devote great efforts toward the achievement of this goal.

2014/2015 work

The 2015 winter drilling program needs to be planned early and will benefit greatly from additional work, which will begin shortly, with 25.2 kilometres of line cutting and an induced polarization survey of 33.85 kilometres on the Cinco zone and on the soil anomaly south of Fayolle.

About the Fayolle property

The Fayolle property comprises 39 mining claims and covers 1,373 hectares straddling the Porcupine-Destor fault, one of the most productive gold-bearing structures of the Abitibi belt. The mineralized zones on the Fayolle deposit are distributed along a major shear corridor of approximately three kilometres long by one kilometre wide.

Typhoon is pleased to announce the appointment of David Secours as a new member of the company's board of directors.

Mr. Secours has been involved in sales for over 20 years. He acted as a territory representative in several regions of Quebec for the company Goodfellow. He is now a sales manager and is also in charge of business relations with China for BMB Distributions, one of Canada's largest distribution companies in the floor-covering business.

David Mc Donald, president and chief executive officer of Typhoon Exploration, stated: "The arrival of Mr. Secours on the board of directors is most significant. Mr. Secours's professional and career experience will bring competence, wisdom and complement Typhoon's vision."

The company would also like to take this opportunity to announce the departure of Michel Basque as a director. Typhoon and the board of directors would like to thank Mr. Basque for the time he devoted to the company.

Qualified person

Daniel Gaudreault, Ing, OIQ, of Geologica Groupe-Conseil, is the qualified person as defined by National Instrument 43-101 to supervise the preparation of the technical aspect of this press release.

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