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Resource Clips


Posts tagged ‘Eagle Hill Exploration Corp (EAG)’

June 11th, 2015

Gilbert Chan interviews Stornoway Diamond NAI 500
Why Gwen Preston is buckling her seatbelt for what could be an interesting summer Streetwise Reports
Wall Street and the Fed colluding to prop up the US dollar? SilverSeek
Ryan Gold, Eagle Hill soar on Oban consolidation news Stockhouse
How to ride the lithium battery boom: JGL Partners’ Jonathan Lee Equities Canada
Strict specifications: UK frac sand potential Industrial Minerals
Great deposits of the world—Hishikari, Japan Geology for Investors

June 10th, 2015

Wall Street and the Fed colluding to prop up the US dollar? SilverSeek
Ryan Gold, Eagle Hill soar on Oban consolidation news Stockhouse
Sprott wringing value from aged bull market NAI 500
How to ride the lithium battery boom: JGL Partners’ Jonathan Lee Equities Canada
Yukon Premier Darrell Pasloski: Our goal is to be the number one mining location Streetwise Reports
Strict specifications: UK frac sand potential Industrial Minerals
Great deposits of the world—Hishikari, Japan Geology for Investors

June 9th, 2015

Ryan Gold, Eagle Hill soar on Oban consolidation news Stockhouse
The real value of gold in the ground: Part 3 GoldSeek
Sprott wringing value from aged bull market NAI 500
How to ride the lithium battery boom: JGL Partners’ Jonathan Lee Equities Canada
Yukon Premier Darrell Pasloski: Our goal is to be the number one mining location Streetwise Reports
Strict specifications: UK frac sand potential Industrial Minerals
Great deposits of the world—Hishikari, Japan Geology for Investors

In Both Camps

May 8th, 2012

Amseco pursues Gold and Graphite in Quebec and Ontario

By Greg Klein

Next Page 1 | 2

Ask Jean Desmarais to name Amseco Exploration’s TSXV:AEL flagship and the President/CEO replies, “Man, that’s a good question. That’s a very good question. I would say that I have a few of them.” His answer reflects not a lack of focus but rather an abundance of gold and graphite properties in Quebec and Ontario.

Just last month, the company announced a 1,500-metre drill campaign on its Cookie Monster Gold Project, a 50/50 JV with Vantex Resources TSXV:VAX. Located in the prolific Fancamp deformation corridor of north Quebec’s Chapais-Chibougameau region, the 1,445-hectare property’s neighbours include the Monster Lake Project. Last August, while undergoing drilling by Stellar Pacific TSXV:SPX, the property showed results up to 76.53 grams per tonne gold over 2 metres. Then, on April 11, Monster Lake’s current owner, TomaGold TSXV:LOT, hit an intersection of 237.6 g/t gold over 5.7 metres. “Unfreaking believable,” exclaims Desmarais. “The whole region should boom, and I have a property right there.”

Amseco pursues Gold and Graphite in Quebec and Ontario

Quartz veining: At Cookie Monster Gold Project, Amseco's JV with Vantex.

Clearly, Amseco will not abandon gold for graphite, even though the company recently picked up its second set of graphite acquisitions. In March, the company got a 100% interest in the 469-claim, 25,362-hectare Tetepisca properties. The carbon-rich region is accessible by Highway 389 and logging roads, about 25 kilometres from north Quebec’s Manic-Cinq hydroelectric dam and 215 kilometres from the deep-sea port of Baie-Comeau. Other companies in the region include Cliffs Natural Resources CLF, Focus Metals TSXV:FMS and St-Georges Platinum CNX:SX.

“It happens to be a region I know quite well because the First Nations are great friends of mine,” Desmarais explains. “As their mining expert, I represent them in their conflict with the government.”

Amseco had teamed up with St-Georges only two weeks earlier for a 50/50 JV on two packages containing 10,110 hectares of graphite prospects. The Tetepisca West, Canadian Goose and Wooden Lake properties lie in the same region as Tetepisca proper. The Southern Properties consist of the Pike River, Lake 222 and the Polynesian Lake graphite properties, about 120 kilometres from Baie-Comeau. The properties were acquired by staking government lands, thereby avoiding dilution to existing shareholders.

Although graphite stock prices have pulled back since their April highs, Desmarais remains confident about the long-term potential. “I think the next decade will belong to graphite,” he says. “I don’t think it’s just a uranium or lithium play; I think it’s a long-term investment.” The carbon allotrope is currently used primarily in the steelmaking industry but future projections tie it to increasing demand in such energy technologies as fuel cells, solar panels, pebble-bed nuclear reactors, vanadium-redox batteries and lithium-ion batteries. Even discounting next-generation projections, cutbacks in exports from China—which produces about 80% of world supply—will require new mines to open elsewhere.

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Eagle Hill reports Quebec Gold Assays up to 5.73 g/t over 55m

April 27th, 2012

Resource Clips - essential news on junior gold mining and junior silver miningEagle Hill Exploration Corporation TSXV:EAG announced assay results from its Windfall Lake Deposit in Quebec. Highlights include

32.2 g/t gold over 2.8 metres
9.3 g/t over 2 metres
9.57 g/t over 1.4 metres
5.73 g/t over 55 metres (106 g/t over 1.2 metres)
5.9 g/t over 3 metres
196 g/t over 1.6 metres
11.1 g/t over 10 metres (including 64.8 g/t over 1 metre)
3.3 g/t over 14.2 metres (including 9.6 g/t over 3 metres)

At a cut-off grade of 3 g/t, the Windfall Lake Deposit has an NI 43-101 resource estimate of 334,719 ounces gold indicated and 364,093 ounces inferred.

View Company Profile

Contact:
David Matousek
Corporate Communications
604.697.5791

by Ted Niles

Eagle Hill reports Quebec Gold Assays as high as 9.6 g/t over 7m

April 18th, 2012

Resource Clips - essential news on junior gold mining and junior silver miningEagle Hill Exploration Corporation TSXV:EAG announced results from its Windfall Lake gold deposit in northwest Quebec. Assays include

1.1 g/t over 12 metres
4.5 g/t over 2.5 metres
1.6 g/t over 24.8 metres
6.2 g/t over 4 metres (including 10.35 g/t over 2.2 metres)
4.1 g/t over 3 metres
3.1 g/t over 3.4 metres
26.3 g/t over 0.7 metres
5.1 g/t over 11 metres (including 56.2 g/t over 0.5 metres)
11.9 g/t over 2.5 metres (including 41.3 g/t over 0.6 metres)
11.8 g/t over 6 metres (including 63.7 g/t over 1 metre)
9.6 g/t over 7 metres

President/CEO Brad Kitchen said, “The extension of the high-grade gold zone, Zone 27, to near surface could have a very positive impact on the economic parameters of the development of the Windfall Lake property. Not only is the near-surface gold mineralization an important discovery, but Dr. Jean-Philippe Desrochers and his exploration team continue to expand the gold deposit in areas that were not included in the company’s initial mineral resource estimate. As can be seen from the assays, significant high-grade gold results are being intersected in all Eagle Hill’s identified gold zones from multiple drill holes.”

View Company Profile

Contact:
David Matousek
Corporate Communications
604.697.5791

by Ted Niles

Eagle Hill reports Quebec Gold Assays including 5.3 g/t over 9m

April 4th, 2012

Resource Clips - essential news on junior gold mining and junior silver miningEagle Hill Exploration Corp TSXV:EAG announced results from its Windfall Lake Gold Deposit in northwest Quebec. Highlights include

5.3 g/t gold over 9 metres
4.1 g/t over 9 metres
3.2 g/t over 7.3 metres
2.7 g/t over 8 metres
20.4 g/t over 1 metre
2.2 g/t over 8.3 metres
2.4 g/t over 7.4 metres
1.2 g/t over 14.7 metres

The project has a November 2011 resource estimate of 1.14 million tonnes grading 9.1 g/t for 335,000 gold ounces indicated and 1.69 million tonnes grading 6.7 g/t for 364,000 gold ounces inferred.

View Company Profile

Contact:
David Matousek
Corporate Communications
604.697.5791

by Greg Klein

Eagle Hill reports Quebec Gold Assays as high as 5.6 g/t over 10.6m

January 23rd, 2012

Resource Clips - essential news on junior gold mining and junior silver miningEagle Hill Exploration Corporation TSXV:EAG announced assays from its Windfall Lake property in Quebec. Results include

1.02 g/t gold over 28.7 metres
9.96 g/t over 1 metre
39.5 g/t over 1 metre
17.15 g/t over 1 metre
14.75 g/t over 1 metre
9.6 g/t over 3.3 metres
5.6 g/t over 10.6 metres
2.1 g/t over 12 metres
37.6 g/t over 1 metre
14.4 g/t over 4.2 metres
17.3 g/t over 5 metres
64.4 g/t over 0.9 metres

President/CEO Brad Kitchen said, “The new results demonstrate that the known gold zones have continuity but more importantly that they remain open laterally. The company will continue to expand the gold mineral resource at the Windfall Lake Property with an aggressive 25,000-metre program using up to three diamond drill rigs. These results are not included in the recently filed NI 43-101 report that includes the company’s initial resource calculation.”

View Company Profile

Contact:
David Matousek
Corporate Communications
604.697.5791

by Ted Niles

Eagle Hill reports Quebec Gold Assays up to 5.6 g/t over 10.6m

November 18th, 2011

Resource Clips - essential news on junior gold mining and junior silver miningEagle Hill Exploration Corporation TSXV:EAG announced drill results from its Windfall Lake property in Quebec. Highlights include

2.1 g/t gold over 2.2 metres
2.5 g/t over 2.6 metres
2.6 g/t over 1.7 metres
9.6 g/t over 3.3 metres
5.6 g/t over 10.6 metres
7.2 g/t over 2 metres

President/CEO Brad Kitchen commented, “These drill results confirm that the number of ounces of gold at the property will expand in the near future. The new results of drill hole EAG-11-295 demonstrate that more gold can be found in the extension of the zones included in the company’s initial mineral resource estimation. These results represent only the first 1,620 metres or only 6.5% of the current 25,000-metre drill program specifically targeted to increase the size of the gold mineral resource. Further, widths of up to 25 horizontal metres in the modeled gold zones are consistent with Eagle Hill’s potential bulk-tonnage hypothesis. Better understanding of the mining methodology related to the Windfall Lake deposit may lead to a reduced cut-off grade. Sensitivity analysis on the company’s gold resource calculation would, at a cut-off grade of 1.4 g/t, result in the deposit having 998,000 ounces of gold with a grade of 4.17 g/t.”

View Company Profile

Contact:
David Matousek
Corporate Communications
604.697.5791

by Ted Niles

Eagle Hill reports Quebec Gold Assays up to 94.5 g/t over 6.25m

February 11th, 2011

Eagle Hill Exploration Corporation TSXV:EAG announced assays from its Windfall Lake Property in Quebec. Results include 10.86 g/t gold over 5.4 metres, 25.65 g/t over 2 metres, 2.07 g/t over 11 metres, 1.19 g/t over 12.8 metres, 9 g/t over 11 metres (including 71.9 g/t over 1 metre), 94.5 g/t over 6.3 metres (including 393 g/t over 1.5 metres) and 7.7 g/t over 8 metres (including 32.7 g/t over 1.2 metres).

President/CEO Brad Kitchen comments, “The exploration team has clearly demonstrated that they are on the right track in the modeling of gold mineralization on the Windfall Lake Property. Every drill hole in the company’s current 10,000-metre drill program has returned very strong gold assays in previously unexplored areas. With the current results and new assays from the remaining 6,900 metres of drilling, the company will be better able to determine the extent of the gold mineralization at the Windfall Lake Property.”

View Company Profile

Contact:
Brad Kitchen
President/CEO
604.638.8072

by Ted Niles