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 34,681-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 6,900 ha and directly adjoins Osisko’s Windfall property, with the Langlois base metal-silver-gold mine located approximately 30 km to the northwest.

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EGR Exploration Ltd

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Post by BT_Speculatoron Nov 23, 2010 1:43pm

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Post# 17745809

I have an UPDATE!

I just spoke to Richard Luxford from IR.

This is what I got from him.

    1.  9 holes have been completed on the Carbo property.
    2. Results from 2-3 holes will be released prior to Christmas.
    3. The rest of the results will be released in January.
    4. There WILL BE a press release next week, but the detail of the press release is TBD.
    5. Mike told him that there are exciting times ahead.

He also said that he spoke to Mike Schuss this morning and he said Mike was very very optimistic and was in a extremely good mood. Also, I asked about the re-assays and he confirmed the rumor that was flying around this board. However, he did not have additional details on the re-assays.

That bodes well with us longs. I'm certainly excited.

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