Friday, February 13, 2009

Endeavor Explorations Inc. (EAVR.OB) is “One to Watch”

Headquartered in Bellingham, Washington, Endeavor Explorations Inc. is an exploration stage company that engages in the acquisition and exploration of mineral resources in Canada. They own the mineral rights to eight mineral claims covering 1504 hectares (3716 acres) in the Uranium City area of northern Saskatchewan. The Company trades on the OTCBB.

With Uranium City’s existing airport, roads, hydropower, fuel supplies, lodging, qualified personnel, and a strong established exploration database, Endeavor Explorations Inc. can begin work on verifying historical exploration and production data on the Company’s land holdings. The Company has seven former producing uranium mines on their claims. The mines closed in the early 1960’s due mainly to depressed uranium prices. The most well known are the Rix Smitty Mine, the Cayzor Athabasca Mine, and the Rix Leonardo.

Last December, Endeavor Exploration Inc. announced they received a NI 43-101 Technical Report on the Don Lake Property. Derrick Strickland, P. Geo prepared the report. During the site visit, Mr. Strickland collected five surface grab samples with values as high as 3.93 percent U.

Based on a review of the data, a two-stage exploration program is recommended for the Company. The Stage 1 recommendation is the collection, compilation, and integration of all available geophysical, geological, and geospatial data, from government and private company files and a 1,000-meter drill program to verify historical data. The Stage 2 recommendation, if feasible, is a 3,000-meter drill program.

About QualityStocks:

QualityStocks’ Small Cap Stock Newsletter is a free service that collects data from hundreds of Small-Cap online Investment Newsletters into one free Daily Newsletter Report.

Sign up for “The QualityStocks Daily Newsletter” please visit www.QualityStocks.net

The Quality Stocks Daily Stock Report http://video.qualitystocks.net

The Quality Stocks Daily Blog http://blog.qualitystocks.net

The Quality Stocks “Ones to Watch” http://Gotstocks.QualityStocks.net

Please see disclaimer on QualityStocks website: http://disclaimer.qualitystocks.net

No comments: