OTC Stock Review Issues Report on Eaglecrest Explorations Ltd.
October 12 2010 - 7:16AM
OTC Stock Review announces it has initiated coverage of Eaglecrest
Explorations Ltd. (TSX-V:EEL) (Pink Sheets:ECRTF) (Frankfurt:EAT),
a gold exploration company which has an option on the 150 square
kilometer Fredonia project area in the prolific Central Cordillera
gold belt in northwest Colombia. Eaglecrest recently announced an
additional option to acquire a 75% interest in the mineral title of
the 19 square kilometer Venecia Project, also in northwest
Colombia, where outcrops have yielded gold assays up to 3.8 grams
per tonne. Additionally, Eaglecrest owns 100% of 120 square
kilometers of mineral title at the San Simon Gold Project in
northeastern Bolivia. Eaglecrest is initiating exploration work in
Colombia and has identified three areas at San Simon with open-pit
and underground gold resource potential.
As far as mining is concerned, Colombia is a hotbed, and
Eaglecrest is there. Colombia has produced about 94 million ounces
of gold and was once the largest gold producing country in South
America. Colombia is the least explored of the mineral rich Andes
Cordillera, even though most major mining companies have a presence
there. In 2010, Colombia was rated the 7th best mining jurisdiction
by Behre Dolbear, up significantly from 2009. Colombia has a
pro-mining government, promoting rapid growth and is ranked highest
in Latin America for Investor Protection and 5th in the world by
the World Bank. With a modern infrastructure and skilled workforce,
investors are showing a great deal of interest in companies with
properties in Colombia. In our opinion, Eaglecrest Explorations
will give investors reason to celebrate once results from its
projects in Colombia start to come in.
The complete report is available at
http://www.otcstockreview.com/eel_review.pdf.
Additionally, more information on Eaglecrest Explorations Ltd.
is available at http://www.eaglecrestexplorations.com.
NOTE: The purpose of this release is to introduce
OTCStockReview.com and Eaglecrest Explorations Ltd. OTC Stock
Review is not a Registered Investment Advisor or a Broker/Dealer.
Information and opinions presented in this release are solely for
informative purposes and not intended as investment advice. This
document contains information obtained from public sources about
Eaglecrest Explorations Ltd., but does not contain all the relevant
material information necessary to evaluate the company. This
release is not an offer to buy, sell, hold, and/or otherwise trade
in the securities of Eaglecrest Explorations Ltd., as profiled. OTC
Stock Review has been compensated ten thousand dollars to perform
investor relations services for Eaglecrest Explorations Ltd. and
officers, directors, and employees of OTC Stock Review, may hold a
long position of a profiled company and may trade in these
securities for their own accounts. Carefully review profiled
companies with your investment advisor, stockbroker, or other such
professional. OTC Stock Review is not liable for any investment
decisions by its readers or their advisors. Readers are encouraged
to obtain copies of the profiled Company's periodic reports filed
with the United States Securities and Exchange Commission, which
are generally available at http://www.sec.gov. You can view our
complete disclaimer at
http://www.otcstockreview.com/disclaimer.htm
CONTACT: OTC Stock Review
David Kugelman
(866) 692-6847
dk@otcstockreview.com
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