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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 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.


TSXV:EGR - Post by User

Bullboard Posts
Comment by BT_Speculatoron Dec 04, 2010 7:08pm
329 Views
Post# 17801663

RE: Warrant Conversion and Assays

RE: Warrant Conversion and AssaysNice post Nopoo.

I can tell you this.  CIN is or will be using multiple labs for their drill core samples.  I've heard that the labs are really fighting for CIN's work.  One thing to keep in mind is the interest and testing of REEs is relatively new compared to other base and precious metals.  If a lab is able to prove themselves and able to confirm high grades of REE it will be a great form of advertising for the labs and will get them a lot more future work once the word is out.

Confirming the REE assay results can be a little tricky and it sounds like the tolerance and accuracy is not as accurate as other metals and minerals.  In a case of high grades (hint hint) the lab would like to test, retest, and so forth to ensure the results are consistent.

The story will unfold and we have just merely turned the cover.  In the next few weeks chapter one will be revealed and give us a good idea what this book has to offer.
Bullboard Posts