Explor Resources: PG-101 Discovery Hole-Explor Intersects 52.01 g/t Au Over 3.0 m

ROUYN-NORANDA, CANADA, Mar 24 (MARKET WIRE) --
Explor Resources Inc. (TSX VENTURE: EXS) is pleased to announce the
completion and assay results of two (2) drill holes completed on the PG
101 Property. The Property consist of a 101 mineral claims package
totalling 1626 hectares, situated in Holloway and Mariott Townships in
the Larder Lake Mining Division, District of Cochrane, Province of
Ontario known as the PG 101 Gold Property.

The drill program targeted a historic IP survey that was completed in
1991 by Teck Exploration testing areas where there appeared to be gaps in
the previous drilling. Hole PG101-09-01 tested a strong IP anomaly in the
area of a regional east northeast trending graphitic shear. Hole
PG101-09-02 was drilled on the same structure 400 meters to the
southwest. Numerous targets remain to be tested (Press Release Dec. 17,
2008).

Hole PG101-09-01 returned an intersection of 52.01 g/tonne gold over a
core length of 3.0 meters (equivalent to 1.843 oz/ton over 9.84 feet) in
an altered high iron basalt with quartz carbonate veining as well as
several other intersections presented in the following table. Hole
PG101-09-02 did not return any significant assays. The assays in the
following table are only those that assayed above 1.0 g/tonne gold. The
following fire assay results as determined Techni-lab of Ste-Germaine de
Boule, Quebec:

Hole # From To Interval Gold
(m) (m) (m) (ft) (g/tonne) (oz/ton)
09-01 Zone 1 91.3 92.0 0.7 2.30 3.10 0.110

Zone 2 93.5 94.2 0.7 2.30 1.93 0.068

Zone 3(i) 122.0 125.0 3.0 9.84 52.01 1.843

Zone 4(ii) 132.5 134.75 2.25 7.38 1.95 0.069

(i) This interval of 52.01 gpt over 3.0m includes 83.87 gpt/1.0m, 52.83
gpt/1.3m and 4.97gpt/0.7m The sample interval from 122.0 to 123.0 m
contained numerous small grains of Visible Gold (VG)
(ii) This interval of 1.95 gpt over 2.25m includes 1.66 gpt/1.5m and
2.54gpt/0.75m

Two sets of check assays have confirmed these results. The results as
reported are core length, true width has yet to be determined.

Assays were conducted on sawn NQ sized half-core sections. Further
drilling is required before the true width of the reported intersection
can be determined. The saw blade is routinely cleaned between samples
when visible gold is noted during logging and sampling of the drill core.
Assays were conducted by Techni-lab of Ste-Germaine de Boule, Quebec
using standard fire assay on a 30-gram (one assay tonne) sample with a
gravimeteric finish procedure. Standard, blanks and check assays were
included at regular intervals in each sample batch. Gold standards were
prepared by CDN Resource Laboratories Ltd.

The PG 101 Property is underlain by the same succession of mafic volcanic
flows, breccias, and tuffs that host the known gold deposits of the area.
These volcanic rocks are cut by ENE trending faults that splay from the
Destor-Porcupine fault zone ("DPFZ"). The DPFZ is a major deformation
zone that crosses along the north boundary of the PG 101 claims in
Marriott Township. Proximity to the DPFZ, the Kirkland-Larder lake Break
and other similar regional faults are characteristic of significant gold
deposits of the Eastern Abitibi greenstone belt.

Chris Dupont P.Eng is the qualified person for Explor Resources Inc. and
is responsible for the information contained in this release.

About Explor Resources Inc.

Explor Resources Inc. is a Canadian-based natural resources company with
mineral holdings in Ontario, Quebec, Saskatchewan and New Brunswick.
Explor is currently focused on exploration in the Abitibi Greenstone
Belt. The belt is found in both provinces of Ontario and Quebec with
approximately 33% in Ontario and 67% in Quebec. The Belt has produced in
excess of 180,000,000 ounces of gold and 450,000,000 tonnes of cu-zn ore
over the last 100 years. The Company is headquartered in Quebec and was
incorporated in Alberta in 1986.

This document may contain forward-looking statements relating to Explor's
operations or to the environment in which it operates. Such statements
are based on operations, estimates, forecasts and projections. They are
not guarantees of future performance and involve risks and uncertainties
that are difficult to predict and may be beyond Explor's control. A
number of important factors could cause actual outcomes and results to
differ materially from those expressed in forward-looking statements,
including those set forth in other public filings. In addition, such
statements relate to the date on which they are made. Consequently, undue
reliance should not be placed on such forward-looking statements. Explor
disclaims any intention or obligation to update or revise any
forward-looking statements, whether as a result of new information,
future events or otherwise, save and except as may be required by
applicable securities laws.

Explor Resources Inc. is a public listed company trading on the TSX
Venture (EXS).

This press release was prepared by Explor Resources
inc. The TSX Venture Exchange has not reviewed and does not accept
responsibility for the adequacy or accuracy of this release.

Contacts:
Explor Resources Inc.
Christian Dupont, President
800-388-8668 or 819-797-4630
819-797-6050 (FAX)
www.explorresources.com

Explor Timmins Office
877-264-1273 or 705-264-1273
705-264-1717 (FAX)

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