OTCBB Symbol: EGDD

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October 2009. Eastern Goldfields, Inc. Announces the Conversion of the AIMS Loans and Exercise of the AIMS Optionread more...
Oct, 2009 - Wow! Gold $1000 Was Cheap... Read more...


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Other EGI Properties:

Regional reconnaissance exploration is planned for the Company's other mineral rights, including the Golden Valley block of properties sandwiched between the Sheba Mine and the Consort Mine. This area, consisting of approximately 200 hectares (approximately 500 acres), has not been subjected to modern exploration techniques in the past 25 years.

The Company’s subsidiary, EGL, also owns a narrow block of properties to the south west of the Sheba Mine which is largely inaccessible by road and appears to have limited geological potential. This block of properties of approximately 1,800 hectares (approximately 4,500 acres) will initially also be subjected to a reconnaissance exploration program prior to initiating follow up work if results of the preliminary exploration are encouraging.

 

 


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