EGR Exploration Ltd. announce that it has acquired an additional 50 claims in Detour Lake Area increasing the Company's land holdings to 40,255 ha. The Company would also like to provide a Detour West property exploration plan update. Property Acquisition: The 50 claims acquired are located within EGR's Detour West property, which consolidates the entire area.

EGR's interpretation of the existing magnetics data over the newly acquired claims shows the potential for segments of the Sunday Lake Deformation Zone [SDLZ], Massicotte Deformation Zone [MDZ], and secondary splays from them, to extend onto the property. Under the terms of the acquisition agreement, EGR paid the Vendor $2,450 in cash and granted a 1.25% Net Smelter Return (NSR) under the terms of a Royalty Agreement. The Royalty Agreement also contains a provision that allows for a reduction of the Royalty Interest to 0.75% by making a payment of $250,000 to the Vendor at any time before the property reaches commercial production.

Exploration Plan - Detour West Exploration Plan - Detour West The geological team has spent the last two months consolidating and compiling data regarding the Detour West property and defining work programs for 2023 and 2024.