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EGR Exploration receives OJEP Grant of $200,000 for Detour West from Ontario government

Nov 1, 2024


EGR Exploration Ltd. has been selected to receive grant funding of up to $200,000 under the Ontario Junior Exploration Program (“OJEP”) from the Government of Ontario This amount will cover up to 50% of eligible exploration costs, to a maximum of $200,000 associated with expenditures incurred by the Company on its Detour West property.
 
The grant will be used to fund a till and top of bedrock Reverse Circulation (RC) drill program to test the western extension of the Detour-Fenelon trend onto the Detour West property. EGR has drill hole fences permitted along two east-west structures interpreted from the high resolution airborne magnetic survey completed in 2023. 
 
Daniel Rodriguez, CEO and Director comments, “I am thankful for the province of Ontario continuing to run the OJEP program. It is a great way for exploration companies to receive meaningful support to advance early stage projects. This will be extremely helpful in advancing the Detour West project.”
 
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.



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