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Typhoon Exploration Shows Monexco a Gold-Bearing Potentiel

  • Press Release
  • Source: Typhoon Exploration Inc.
  • On 9:10 am EST, Wednesday December 3, 2008

LAVAL, CANADA--(MARKET WIRE)--Dec 3, 2008 -- Typhoon Exploration Inc. ("Typhoon") (CDNX:TOO.V - News) is pleased to confirm the gold-bearing potential of the Monexco property located in Chibougamau, Quebec.

Work carried out in 2007 has allowed us to define a geological structural model. Further to the 2D Gocad compilation and 2008 exploration works, the pre-established model seems to take shape at the junction of N40E structures and the deformation corridor in staircase and/or in level.

The site observations, compilation and channel sampling are showing that this structural assembly allowed the concentration of the gold-bearing mineralization inside a corridor, defined to date on approximately 400 meters East-West by 120 meters North-South.

The best stripping analysis results of summer 2008 have confirmed the past results inside the mineralized corridor. The table below shows these results:

 

--------------------------------------------------------------------------
Stripping       Sample         Au (ppm)     Length (m)      Average (ppm/m)
--------------------------------------------------------------------------
                812545            1.95            0.5          2.065 / 1.0
                812546           2.185            0.5
                ----------------------------------------------------------
                566553           1.977            0.5
                566554           1.698            0.5
                566555           3.403            0.5
                566556          11.573            0.5          5.579 / 3.5
No. 1           566557           1.304            0.5
                566558           1.851            0.5
                566559          17.246            0.5
                ----------------------------------------------------------
                566561           0.381            0.5
                566562           0.795            0.5           4.23 / 1.5
                566563          11.514            0.5
--------------------------------------------------------------------------
                566826          10.089            0.5
                566827           0.353            0.5          3.487 / 1.5
                566828           0.018            0.5
                ----------------------------------------------------------
VG              566813          16.014            0.5         11.034 / 1.0
                566814           6.054            0.5
                ----------------------------------------------------------
                812524           0.011            0.5          0.598 / 1.0
                812525           1.186            0.5
--------------------------------------------------------------------------
VG-East         566811            4.57            0.5          2.322 / 1.0
                566812           0.074            0.5
--------------------------------------------------------------------------
                566869           3.715            0.5
Riv. North      566870          22.661            0.5          8.757 / 2.0
                566871            3.14            0.5
                566872            5.51            0.5
--------------------------------------------------------------------------

During the 2008 exploration season, prospecting and mapping with sampling of the property North-East and East area revealed the possibility to expand the gold-bearing corridor with significant gold values in selected samples. The best results were 29.9 g/t, 13.8 g/t, 12.1 g/t, 38.2 g/t and 32.7 g/t, gold.

Mr. Robert Gagnon, P. Geo., Technical Advisor, a Qualified Person as defined by National Instrument 43-101, supervised the preparation of the information in this news release.

The common shares of Typhoon Exploration are listed on the Venture Stock Exchange under the symbol "TOO".

Statements in this release that are not historical facts are " forward-looking statements " within the meaning of the U.S. Private Securities Litigation Reform Act of 1995. Readers are cautioned that any such statements are not guarantees of future performance, and that actual developments or results may vary materially from those in these " forward-looking statements ". The TSX Venture Exchange does not accept responsibility for the adequacy or accuracy of this release.

Contact:

     Contacts:
Typhoon Exploration Inc.
David Mc Donald, CEO
450-622-4066
Toll-free: 1-877-622-4004
info@explorationtyphon.com
http://www.explorationtyphon.com
 

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