Tuesday, September 8, 2009

Canadian Stock Research - Franc-Or Resources Corporation

Canadian Stock Research News Update:

"Franc-Or Resources: Crocodile Gold Already Increasing Resources-New Inferred Resource at Iron Blow Adds 210,000 Ounces of Gold and 10 Million Ounces of Silver to Overall Resource"

TORONTO, ONTARIO--(Marketwire - Sept. 8, 2009) - Franc-Or Resources Corporation (TSX:FOR) - Crocodile Gold Inc. today announces an initial National Instrument 43-101 compliant inferred resource estimate on its polymetallic Iron Blow project in the Northern Territory of Australia. The estimated inferred resource at Iron Blow is 3,174,876 tonnes grading 2.08 g/t gold, 100.9 g/t silver, 0.76% lead, 3.28% zinc, and 0.19% copper. The contained gold content of the resource is 210,000 ounces of gold. Table 1 summarizes the inferred resource estimate. The mineralization occurs in six distinct lodes within the deposit. The mineralization remains open at depth and along strike, and there is potential to expand the scope of this resource based on the nature of mineralization.

Table 1: Iron Blow Initial Inferred Resource Estimate
(at 1.0 g/t Au cut-off grade)

Gold (Au) Silver (Ag) Lead (Pb) Zinc (Zn) Copper (Cu)
Tonnes 3,174,876 3,174,876 3,174,876 3,174,876 3,174,876
Grade 2.08 g/t 100.9 g/t 0.76% 3.28% 0.19%
Metal 210,000 oz 10,000,000 oz 53,000,000 lbs 230,000,000lbs 13,000,000lbs
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