- CEO
- Devin Pickell
- Sector
- Non-energy minerals
- Industry
- Precious metals
- Address
- Vancouver Canada
- IPO Date
- Oct 30, 2017
- Business
- Xplore Resources Corp. is a Canadian mineral exploration and development company engaged in the identification, acquisition, exploration, and evaluation of critical mineral and base metal properties across North America. The company focuses primarily on securing and advancing energy-transition metals, with an asset portfolio comprising: the flagship Surge Lithium Project, spanning prospective lithium-cesium-tantalum pegmatite trends within the Root Bay lithium district in the Patricia Mining District of northwestern Ontario; the Surge North property, consisting of 86 contiguous mineral claims expanding its northwestern Ontario lithium footprint; the 100% owned Valk Copper Property, targeting porphyry copper-gold-molybdenum mineralization on northern Vancouver Island, British Columbia; and prospective regional copper exploration claims in New Brunswick. The company previously held the Upper Red Lake gold property in Ontario before terminating its option agreement to refocus technical and financial resources on lithium and copper exploration. In recent operational and corporate developments, Xplore Resources expanded its asset base through the acquisition of the Surge North claims, initiated and completed high-resolution airborne magnetic and LiDAR geophysical surveys to define drill-ready pegmatite targets at the Surge project, executed a 2.5-for-1 share consolidation, completed non-brokered private placement equity financings to fund exploration operations, and restructured its leadership team with the appointment of Devin Pickell as President and Chief Executive Officer alongside additions to its board of directors and financial management. Founded in 2018, Xplore Resources Corp. is headquartered in Vancouver, British Columbia, Canada, and lists its common shares on the TSX Venture Exchange under the ticker symbol XPLR.