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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 Zo$oon Mar 30, 2013 9:14pm
164 Views
Post# 21188304

RE: So Bitter

RE: So Bitter

I got some in at 2.5c.. not a ton, but enough to play with.  Pleased so far.  Better than some of the other dogs I have...  How long I hold it will depend on what the company says in the next little while, if they announce a financing, exploration plans etc.  Have talked to Mike Schuss, know they will do exploration on their properties as they do it all in house (still waiting for an update on the Treasure Mountain property near Huldra).  Whether or not they find anything in the Patterson Lake camp is anyones guess.  From what I've seen on regional mag + geology maps, it looks like there is some potential (not in granulites which in my opinion are the wrong rocks), but they're going to need boots on the ground, walking around those eskers and marshlands with a scintillometer and loupe. Schuss talked about area co's teaming up on an airborne survey, but that would be premature in my opinion and $$$.  Follow the Alpha path.. walk around and look for boulders.  Good old fashioned prospecting.

My $0.02

Bullboard Posts