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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 HighTeston Dec 02, 2011 10:51am
236 Views
Post# 19286613

RE: RE: Results

RE: RE: Results Well that was a dissappointment, to state the obvious. Apparently the 104 metres of carbonatite in the NR from a couple months ago was cut substantially when assays came in. A weak attempt to salvage the NR with strontium values is understandable considering the results, but Spectrum has much higher values there, too. I went over the Spectrum report again, and whoever said that the REEs there were in mostly syenite seems to have got that wrong. You can point out to me where that occurs if I missed something. Dolomitized carbonatite has the best values in Spectrum's core, particularly in the upper weathered material. TREE to TREO the difference is about plus 20% so that won't save the day and Spectrum didn't bother to convert to oxides. These CIN guys are going to have a tough time swimming upstream in this market with these results.As for the "great press", of course that is sponsored directly and/or indirectly by Zimtu which is a major shareholder directly and/or indirectly.Cheers, HT
Bullboard Posts