SAN DIEGO, October 9, 2015 /PRNewswire/ --
SourcingLink.net Inc. (OTC Pink: SNET) an exploration and development company, is pleased to announce that the initial samples from Phase 1 of the 4-Phase Eldor Project have been collected and sent for analysis. The geological exploration on the Company's property, located in Northern Quebec, Canada, is being conducted by consulting Geologist Wayne Holmstead. Holmstead and his team returned to the region on August 17th equipped with an electromagnetic detector, scintillometer and an X-Ray Fluorescence Analyzer to collect samples.
Samples were collected to further explore 5 of the 34 mineral claims on the expedition, and have been sent to AGAT Labs in Toronto, Canada for analysis. Results are pending.
"We are very excited to see the analytical results of these samples, as Mr. Homestead's first exploration program on the property in October 2014 indicated anomalous values in rare earth minerals," commented Anne Carioti, CEO of SourcingLink.net. "These samples will provide us with crucial information that will guide us as we continue into the next phase of the exploration. We are eagerly awaiting these results and will provide an update as soon as they are available."
About The Eldor Project:
SourcingLink.net, Inc. signed an agreement to acquire 100% interest in the Eldor Rare Earth Property Claims (The Eldor Project) located in Northern Quebec, Canada (one of the most favorable mining jurisdictions in the world). The Eldor Project consists of 34 mineral claims covering approximately 3951 acres and is located in Northern Quebec which is considered one of the most favorable mining jurisdictions in the world.
About SourcingLink.net, Inc.:
SourcingLink.net is a U.S. based publicly traded exploration and development company. Their focus is on rare metals and rare earth elements which are among the primary input materials for the 21st Century technology.
Forward-looking Statements
This release contains "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements, which contain words such as "expect," "believe" or "plan," by their nature address matters that are, to different degrees, uncertain. These uncertainties may cause actual future events to be materially different than those expressed in our forward-looking statements. We do not undertake to update our forward-looking statements.
Contact:
SourcingLink.net
12526 High Bluff Drive, Ste 300
San Diego, CA 92130
Phone +1-858-792-3620
Website: http://www.sourcinglink.org
Email:info@sourcinglink.org
SOURCE SourcingLink.net, Inc.