Eon NRG Limited (ASX:E2E) (OTCMKTS:ICRMF) ("Eon" or the "Company") advises that the mineral claims acquired in Nevada's Basin and Range Province were staked (pegged) by the Company. The Claims were staked by the company's geologist after several months of research, site visits and analysis.

A Location map and map of the mineral claims (in blue and red outline) are shown in link below.

The cost of acquiring (staking claims) to date has been regulatory costs and travel costs of the company's Geologist (estimated at less than US$15,000). The Mineral Claims are "Lode Claims" as defined by the US Department of the Interior Bureau of Land Management.

The Board's initial budget for exploration is US$50,000, which includes mapping, sampling, and assaying. Results from the assaying carried out in the initial phase of work are in progress and will be announced when they are available. The company's geologist is currently in the field, and results from this field work will be reported in due course.

To view figures, please visit:

About EON NRG Ltd

EON NRG Ltd (ASX:E2E) is an USA onshore focused energy exploration and production company. The Company's growth path is through drilling of high impact oil exploration wells, supported by its 100% owned and operated long life oil and gas production assets and associated cashflow. The company also has a battery minerals division with prospective leases in Nevada which are at the early stages of low cost exploration.



Simon Adams
CFO / Company Secretary
Email: sadams@i-og.net
Phone: +61-8-6144-0590
Web site: www.eonnrg.com

John Whisler
Managing Director
Email: jwhisler@i-og.net
Denver Head Office: +1-720-763-3183

Twitter: @EonNRG

Link: Cobalt prospects, Nevada USA Update

Related Companies


Related Industry Topics:
Gas & Oil Energy General Financial General