Xplore Resources Corp. announced the entering into of option agreements with arms' length parties to acquire a 100% interest in five additional prospective lithium properties in the Root project area in northwest Ontario. The new properties expand the Company's land position in Ontario by 11,000 ha, for a total of 18,800 ha.

Acquisition Highlights. The Root North and Root Falls Properties are comprised of 14 unpatented mineral claims and expand the land position at the Surge Project by 2,600 ha. The Cathy Creek Property.

is comprised of six unpatented mineral claims totaling 2,600 ha. The property is underlain by metasediments and is located 1.5 km from the boundary of the Rooth South Pluton, a peraluminous S-type fertile granite. The Raggy Creek and Aerial Lake Properties.

are each comprised of six unpatents mineral claims for a total of 5,800 ha. These properties are located in the English Rivier Subprovince and underlain by metasediments, and peraluminus S-type granites. The Raggy Creek property is located 10 km from the terrain boundary between the Uchi Subprovince and the English River Subprovince.

Under the terms of the option agreement to acquire the Cathy Creek, Raggy Creek and Aerial Lake. properties, the Company must pay a total of $204,000 over three years and issue upon acceptance of agreement by the TSX Venture Exchange 900,000 common shares. The optionors will retain a net smelter returns royalty of 1.5%, 0.5% of which can be purchased by the Company for a cash payment of $500,000.

The Company, through its wholly owned Brazilian subsidiary, holds a 100% interest in the Energia (~4500 ha) and Borborema (~9100 ha) lithium properties in Brazil. The Energia claims are situated in the state of Minas Gerais, the center of Brazil's rapidly evolving lithium production. The Borborema claims are situated in the state the state of Rio Grade de Norte in northeastern Brazil, in a Borborema pegmatite field, a historically significant producer of tantalum prior to 1980.