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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
Post by Diaboloon Apr 08, 2011 10:23am
618 Views
Post# 18404158

Thunder Bay Convention April 5 & 6

Thunder Bay Convention April 5 & 6
I was at the Thunder Bay Symposium on April 5 & 6 and I did talked with M. Schuss and the Prospector that option the Prairie Creek property to them.

When I was talking to the prospector, he showed me the maps and samples from the sites where they are going to start stripping the first four main discovery sites that have the best potential to host a rare earth deposit. They will start stripping the sites by the end of April beginning of May once the snow is gone. Also the prospector told me that he will be working with M. Schuss on all the other discovery sites on the Prairie Creek property ( over 20 rare earth sites) and once the radiometric survey is done they will have a lot more rare earth targets on the property. Canadian International Minerals Inc. property has over 3.0 % Rare Earth Oxide and up to 1.65% Nb205 / 20.6% P205 / 0.12% U308 on their  Prairie Creek property, some of the rare earth sites are more then 150 x 240 meters in seize.

When I talked to M. Schuss he showed me all the data for the DHC & Prairie Creek property, very impressive data!!
Also he showed me the data for the Carbo property and yes there is huge potential on the property.

So all in all the exploration work on the Carbo-DHC-Prairie Creek properties will start very soon and with all the data that I have seen this will be a very exciting year with lots of news coming from these properties.

With all these properties and their potential the sp is far undervalued.

GLTA


Bullboard Posts