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EGR Exploration Ltd V.EGR

Alternate Symbol(s):  CDNMF

EGR Exploration Ltd. is a Canada-based company. The Company’s principal business activity is the acquisition and exploration of mineral properties. The Company is exploring for gold in the Detour-Fenelon Gold Trend, approximately 300 kilometers (km) north of Timmins, Ontario. The Company’s 40,255-hectare (ha) Detour West gold project is contiguous to Agnico Eagle’s property, which contains the Detour Lake Gold Mine and is approximately 20 km from the mine, which is also hosted in the Abitibi Greenstone Belt. It is targeting gold deposits associated with the potential extensions of the Detour-Fenelon trend structures onto the West Detour property. Its Urban Barry property is in the Urban Township of the James Bay region of Quebec in the Abitibi Greenstone Belt. The Urban Barry properties encompass an area of approximately 10,762 ha and directly adjoins Osisko’s Windfall property, with the Langlois base metal-silver-gold mine located approximately 30 km to the northwest.


TSXV:EGR - Post by User

Bullboard Posts
Post by freedom457on Jan 24, 2011 12:52am
471 Views
Post# 18015677

CIN Update

CIN UpdateTalked extensively with Michael and somewhat with Dr. Mariano today. It is very clear that they both feel they are onto something substantial with the Wicheeda complex.

Spectrum is basically doing nothing with their property, so there was some mention of the possibility of CIN taking it over. This obviously is just speculation at this time, but would make perfect sense since the REE resource is seemingly prominent on both properties.

News regarding the assay results could come at anytime within the next few weeks, although MS is being extremely guarded as he has already been bitten by passing on release dates from the labs that ended up being incorrect.

MS did say at one point earlier on, that they were promised results in three weeks from the new lab, but he then qualified that by saying that it was a marketing guy speaking. What actually transpires in the lab with respect to processing the core, will no doubt be different in terms of actual timing.

Anyway it seems that new lab physically got the cores on Jan 3rd...so who knows...we may get a nice surprise sometime soon, if the marketing guy is actually correct.

Other positive news is that MS is planning a 10,000 m drill program and a new financing to raise $5M...all after the results are in. So to be talking a program and financing of this magnitude and at this point in time, should be a good indication of the confidence he has in what the assays will be.

Can't wait for the news!




















Bullboard Posts