EGR Exploration pulls the plug on Private Placement for Detour area project
EGR Exploration Ltd. (TSX-V:EGR)("EGR" or the "Company") announces further to the company's news release dated November 19, 2024, it will not be proceeding with the non-brokered private placement offering as previously announced. EGR will continue to work on alternative funding for a winter drilling program at the Detour West Gold Project but it is subject to market conditions improving.
About EGR Exploration Ltd.
EGR Exploration Ltd. is exploring for gold in the Detour-Fenelon Gold Trend, approximately 300 kilometres north of Timmins, Ontario. EGR's 34,681 hectare Detour West gold project is contiguous to Agnico Eagle's property which contains the Detour Lake Gold Mine and is approximately 20 kilometres from the mine, which is also hosted in the Abitibi Greenstone Belt.
Tags: Northern Ontario / Deals & Financial / Gold / All Articles