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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 Sep 13, 2011 2:25pm
421 Views
Post# 19037663

Very Interesting News Release

Very Interesting News Release

Rare Earth Mineralized Carbonatite Intercepted in Carbo Diamond Drilling

September 13, 2011

Canadian International Minerals Inc (CIN-TSX.V) is pleased to announce that mineralized carbonatite and related alkaline rocks in significant intercepts have been intersected in the 2011 Phase I diamond drilling program on the Carbo Rare Earth Element (REE) property.

This first phase has focused on Targets, A, C, and D as outlined in our news release dated April 21, 2011. Target A is approximately 2000 meters south-east of Spectrum Resources 2008/09 drilling: select drill hole intersections from that program included 48.64 meters of 3.55% combined Rare Earth Elements (REEs), 144 meters of 2.2% combined REEs and 72 meters of 2.92% REEs. (Graf, Lane, Morrison, 2009). All intersection reported by Spectrum were collared in mineralization and assays were given in total elemental REEs which understates REE oxide content.

The area currently being drilled is defined by distinct airborne magnetic and radiometric anomalies, coincident rare earth element (REE) and pathfinder soil geochemical anomalies, and newly mapped carbonatite surface exposures. Diamond drill core from the first eight holes has been examined cursorily, and the first three holes have also been logged in detail. All of the holes have intersected intervals of mineralized carbonatite, associated alkaline rocks, and/or metasomatic alteration.

Drill Locations (Nad83 UTM Zone 10N), Hole Orientation and Depth

Target Hole ID Easting (m) Northing (m) Elev (m) Azimuth Inclination EOH (m)
C CA-11-010 561,336 6,041,339 1,344 232 -45 314
C CA-11-011 561,464 6,041,122 1,376 232 -45 269
C CA-11-012 561,464 6,041,122 1,376 52 -63 160
D CA-11-013 562,112 6,040,317 1,443 250 -45 399
D CA-11-014 561,978 6,040,523 1,439 223 -45 402
A CA-11-015 560,049 6,041,485 1,415 N/A -90 297
A CA-11-016 560,049 6,041,485 1,415 230 -65 192
A CA-11-017 560,049 6,041,485 1,415 50 -45 399
A CA-11-018 559,940 6,041,178 1,481 50 -45 300
A CA-11-019 559,940 6,041,178 1,481 50 -45 168

The following table is a summary ofalkaline rock intercepts (carbonatite, syenite and related dykes) observed to date.

Drillhole From (m) To (m) Length (m) Description
161.63 164.17 2.54 Carbonatite
171.80 191.24 19.44 Banded Carbonatite, Carbonatite, Syenite, Altered Sediments
CA-11-010 214.00 218.00 4.00 Carbonatite
220.58 222.13 1.55 Carbonatite
223.39 233.89 10.50 Banded Carbonatite, Syenite, Altered Sediments
235.59 236.57 0.98 Banded Carbonatite
CA-11-011 125.00 143.67 18.67 Carbonatite, Banded Carbonatite, Syenite, Altered Carbonatite
144.55 190.50 45.95 Banded Carbonatite, Altered Carbonatite, Carbonatite
54.28 55.79 1.51 Carbonatite
57.31 62.57 5.26 Syenite
63.39 86.02 22.63 Altered Carbonatite, Banded Carbonatite, Syenite, Carbonatite
94.80 104.31 9.51 Carbonatite, Banded Carbonatite, Green Breccia with Carbonatite Matrix
130.19 234.51 104.32 Carbonatite, Green Breccia with Carbonatite Matrix, Grey Carbonatite, Grey Syenite, Altered Syenite
245.35 245.82 0.47 Syenite
249.25 251.68 2.43 Grey Syenite
257.18 264.06 6.88 Alternating Carbonatite and Altered Sediments
CA-11-013 280.78 282.73 1.95 Carbonatite
287.44 301.09 13.65 Syenite, Green Breccia with Carbonatite Matrix, Grey Syenite
310.11 310.85 0.74 Syenite
313.09 314.06 0.97 Carbonatite
314.85 318.46 3.61 Carbonatite, Grey Syenite
324.73 325.97 1.24 Altered Syenite
330.72 335.93 5.21 Grey Syenite
339.58 340.51 0.93 Grey Syenite
342.20 357.55 15.35 Grey Syenite
106.80 142.00 35.20 Carbonatite, Grey Syenite, Altered Syenite
147.00 204.52 57.52 Grey Syenite, Carbonatite
CA-11-014 210.72 236.62 25.90 Carbonatite
240.89 275.60 34.71 Grey Syenite, Carbonatite
283.00 317.40 34.40 Grey Syenite, Carbonatite
320.30 336.00 15.70 Syenite
CA-11-015 19.90 46.50 26.60 Syenite
57.00 70.20 13.20 Syenite
CA-11-018 60.00 63.75 3.75 Syenite

Carbonatite and related alkaline units can be up to several tens of metres in thickness. These units are generally planar, and parallel to the host rock (phyllite) fabric, which is consistently subvertical, and trending approximately 140 degrees on surface. Occasionally the carbonatite occurs as crosscutting dykes or veins. The carbonatite is typically a combination of calcite, dolomite, and/or ankerite with a variety of accessory minerals including rare earth minerals. Many of the alkaline dykes are commonly sulphide-rich, and occasionally host sodalite. The host rocks around the carbonatite are commonly altered to varying degrees. The alteration may include bleaching, hornfelsing, riebeckite, and flooding of feldspar-feldspathoids.

Through visual examination, observation under short wave filtered and unfiltered ultra violet lights, and Niton XRF analysis, several mineral phases have been identified. Significantly elevated REE concentrations have been confirmed in select carbonatite samples when analyzed with a Niton XRF. Light rare earth elements (La, Ce, Pr and Nd), Ti, Nb, and Zn have been found to be elevated in some samples, implying the presence of associated mineral assemblages. This is consistent with what was observed in the 2010 drill core. Light pink and peach-coloured REE-bearing minerals have been observed in hand sample from outcrop and in drill core, and generally occur disseminated in the carbonatite or as cumulates. Other minerals identified visually are fluorite, ilmenite, sphalerite, pyrrhotite, pyrochlore, chalcopyrite, magnetite, and sodalite. Several samples have been chosen for further analysis by the University of British Columbia’s Mineralogical Research Group.

Core logging and property geological mapping at the Carbo is being led by Mallory Dalsin of Mackevoy Geosciences Ltd., who is in her second year on the project. Ms. Dalsin is completing a Master's thesis on the mineralogy, geochemistry and geochronology of the Wicheeda carbonatite complex at the University of British Columbia under the direction of Professor Lee Groat, a world renowned mineralogist. Ms. Dalsin is the recipient of a scholarship from Geoscience B.C. based on her study of the Carbo Project.

CIN has a multi-year drill permit for 30,000 meters, of which 5000 meters should be completed in the 2011 season ending late November. Core is being cut, logged, and stored at the company's expanded warehouse in Prince George, and samples are being sent to Activations Labs sample preparation facility in Stewart, B.C., with final analysis at their main laboratory in Ancaster, ON.

The Carbo property comprises 7 claims totalling 2,778.63 hectares in area, and is accessible by all weather gravel roads. It is approximately 80 km north east of Prince George, BC, a major provincial regional centre for mining, construction and logging industries. The project is approximately 40 km east of B.C. Hydro`s major electrical corridor and within 45 km of CN Rail's northern B.C. trunk line with connections to all of North America and the major ports of Prince Rupert and Vancouver.

The company is also awaiting final assays from the extensive surface stripping and trenching at its Dead Horse Creek and Prairie Lake projects. Currently all of the project geologists associated with that data collection and interpretation have been seconded to the Carbo Project to expedite the core logging, sampling and data handling processed. Final results will be released when available.

Mr. David Turner, M.Sc., P.Geo., an independent Qualified Person (as such term is defined by NI 43-101) is responsible for the review of technical information in this release.

Michael E. Schuss
President and Chief Executive Officer

“Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release."


For further information please contact:

Dale Paruk
CoalHarborCommunications
Telephone: (604) 662-4505
Toll Free: 1-877-345-3399

Email: info@coal-harbor.com

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