Explorex Resources Inc. announce results from the Company's reconnaissance exploration program at the Cobalt-Paragon project, Ontario ("Project"), completed in late 2017. Cobalt-Paragon consists of two historic mines (active period 1900-1920), the high-grade silver-cobalt Paragon-Hitchcock and the shear hosted copper-gold Cobalt-Frontenac located close to Elk Lake, Ontario, less than an hour drive along provincial highways from both Cobalt and Kirkland Lake. The field work performed in November 2017 represented an initial investigation of the Project and `on- the-ground' preparation for a more comprehensive exploration programme to follow. The field programme consisted of ground truthing the prominent mineralization in the vicinity of the historic workings and a mobile metal ion ("MMI") soil geochemistry survey. The Project area is characterized by glacial till coverage with limited outcrop exposure. Grab samples were primarily collected at sites where historic workings provided adequate material for sampling. The muck piles at both historic mines were sampled in order to characterize the mined material and the target mineralization. Grab samples from the Paragon-Hitchcock muck pile returned up to 2.34% Cobalt and 730 g/t Silver. One grab sample from the Cobalt-Frontenac muck pile returned 7.47% Copper and 3.23 g/t Gold. The Company elected to perform a MMI soil survey in order to identify mineralization hidden under the glacial till in the prospective area adjacent to the Paragon-Hitchcock shaft. The soil survey consisted of 82 samples along four lines and functioned as both an orientation survey and as an exploration tool to identify extensions of the main showing or parallel features. Initial interpretation of the MMI results reveals a positive result along the known east-west mineralized trends supporting the efficacy of the survey. In addition, the survey identified a new anomalous feature trending oblique to the main mineralized structures. The soil samples were analysed by SGS Laboratories using MMI digestion and ICP-MS analysis. The Company has submitted the permit application to drill the previously untested down dip and strike potential of the two known mineralized structures as well as the newly identified oblique-trending MMI anomaly feature.