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SourcingLink.net, Inc. Announces A New Discovery

SAN DIEGO, CA- (Presswire October 15, 2015) – SourcingLink.net, Inc. (OTC Pink: SNET) Further to the press release published on October 13, 2015 SourcingLink.net (SNET) is pleased to announce that the most recent exploration program at the Ashram Property and vicinity has resulted in the discovery of a new carbonatite occurrence with anomalous rare earth metal values.  The new occurrence is bordering on the claims of Commerce Resources who have completed a positive Preliminary Economic Assessment on the Eldor Rare Earth Project.  The project is located about 130 kilometers south of Kuujjuaq, Quebec.

Two samples taken 30 meters apart were analyzed and found to contain 25.2 and 26.8% calcium and 11,800 and 38,300 ppm phosphorus.  In addition the samples were found to contain anomalous rare earth and rare earth indicator elements listed in the table below.

  Ca Ce La Mo P Sr Th U Y
Sample % ppm ppm ppm ppm ppm ppm ppm ppm
E504860 26.8 1370 686 26.7 38300 1930 59 <5 148
E504861 25.2 234 111 23.2 11800 1450 <5 14 105

 

 

Subsequent to the find, an application for a total of 11 claims was made to cover the prospective ground for a total of 518 hectares.

Additional analyses have been ordered and will be further studied to understand the nature of the carbonatite and where additional mineralization may be located.

SNET is very excited to have found a new carbonatite occurrence in the area since carbonatite occurrences are not easily found in the field due to their relatively soft mineral composition that is easily weathered over time.  Of the 187,000+ surface samples collected by the Quebec Government and companies doing work in the province, only 211 (0.1%) have been classified as carbonatite.

SNET plans to return to the area in the Spring of 2016 to further evaluate the rare earth potential of the newly acquired claims.

About The Eldor Project:

SourcingLink.net, Inc. signed an agreement to acquire 100% interest in the Eldor Rare Earth Property Claims (The Eldor Project) located in Northern Quebec, Canada (one of the most favorable mining jurisdictions in the world). The Eldor Project consists of 45 mineral claims covering approximately 5232 acres and is located in Northern Quebec which is considered one of the most favorable mining jurisdictions in the world.

About SourcingLink.net, Inc.:

SourcingLink.net is a U.S. based publicly traded exploration and development company. Their focus in on rare metals and rare earth elements which are among the primary input materials for the 21st Century technology.

Forward-looking Statements

 

This release contains “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements, which contain words such as “expect,” “believe” or “plan,” by their nature address matters that are, to different degrees, uncertain. These uncertainties may cause actual future events to be materially different than those expressed in our forward-looking statements. We do not undertake to update our forward-looking statements.

 

Contact:

SourcingLink.net

12526 High Bluff Drive, Ste 300

San Diego, CA 92130

Phone 858-792-3620

Website: www.sourcinglink.org

SourcingLink.net Issues an Update on Phase 1 of Eldor Project Geological Exploration

Company Awaiting Results of Initial Samples Collected From Quebec Property

San Diego, CA – (Presswire- October 9, 2015 -SourcingLink.net Inc. (OTC Pink: SNET) an exploration and development company, is pleased to announce that the initial samples from Phase 1 of the 4-Phase Eldor Project have been collected and sent for analysis. The geological exploration on the Company’s property, located in Northern Quebec, Canada, is being conducted by consulting Geologist Wayne Holmstead.  Holmstead and his team returned to the region on August 17th equipped with an electromagnetic detector, scintillometer and an X-Ray Fluorescence Analyzer to collect samples.

Samples were collected to further explore 5 of the 34 mineral claims on the expedition, and have been sent to AGAT Labs in Toronto, Canada for analysis.  Results are pending.

“We are very excited to see the analytical results of these samples, as Mr. Homestead’s first exploration program on the property in October 2014 indicated anomalous values in rare earth minerals.”, commented Anne Carioti, CEO of SourcingLink.net.  “These samples will provide us with crucial information that will guide us as we continue into the next phase of the exploration.  We are eagerly awaiting these results and will provide an update as soon as they are available.”

About The Eldor Project:

SourcingLink.net, Inc. signed an agreement to acquire 100% interest in the Eldor Rare Earth Property Claims (The Eldor Project) located in Northern Quebec, Canada (one of the most favorable mining jurisdictions in the world). The Eldor Project consists of 34 mineral claims covering approximately 3951 acres and is located in Northern Quebec which is considered one of the most favorable mining jurisdictions in the world.

About SourcingLink.net, Inc.:

SourcingLink.net is a U.S. based publicly traded exploration and development company. Their focus in on rare metals and rare earth elements which are among the primary input materials for the 21st Century technology.

Forward-looking Statements

This release contains “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements, which contain words such as “expect,” “believe” or “plan,” by their nature address matters that are, to different degrees, uncertain. These uncertainties may cause actual future events to be materially different than those expressed in our forward-looking statements. We do not undertake to update our forward-looking statements.

Contact:

SourcingLink.net

12526 High Bluff Drive, Ste 300

San Diego, CA 92130

Phone 858-792-3620

Website: www.sourcinglink.org

Email:info@sourcinglink.org

SourcingLink.net stakes additional claims for the Eldor Project

SourcingLink.net stakes additional claims for the Eldor Project

SAN DIEGO, CA- (iHub-October 13, 2015) – SourcingLink.net Inc. (OTC Pink: SNET) is pleased to provide our shareholders with an informational update from the recent geological exploration program conducted in August 2015 at the Eldor Project.

The surveying geologist Wayne Holmstead and his team STAKED ELEVEN NEW CLAIMS.  The new discovery was determined to be a viable site to visit based on a high lake sediment anomaly and associated magnetic low.  Rare earth metal values may indicate the discovery of a new carbonatite zone within these newly staked claims.

Analytical results from the samples collected are forthcoming from AGAT Labs based in Toronto, Ontario Canada

“Newly staked claims are always an asset.  Especially when they show promise right at the beginning.  The analytical results will as always assist SNET in moving forward and provide accurate sites to continue into the next phase of exploration for the highest yield.” Anne M Carioti, CEO

About The Eldor Project:

SourcingLink.net, Inc. signed an agreement to acquire 100% interest in the Eldor Rare Earth Property Claims (The Eldor Project) located in Northern Quebec, Canada (one of the most favorable mining jurisdictions in the world). The Eldor Project consists of 34 mineral claims covering approximately 3951 acres and is located in Northern Quebec which is considered one of the most favorable mining jurisdictions in the world.

About SourcingLink.net, Inc.:

SourcingLink.net is a U.S. based publicly traded exploration and development company. Their focus in on rare metals and rare earth elements which are among the primary input materials for the 21st Century technology.

Forward-looking Statements

This release contains “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements, which contain words such as “expect,” “believe” or “plan,” by their nature address matters that are, to different degrees, uncertain. These uncertainties may cause actual future events to be materially different than those expressed in our forward-looking statements. We do not undertake to update our forward-looking statements.

 

Contact:

SourcingLink.net

12526 High Bluff Drive, Ste 300

San Diego, CA 92130

Phone 858-792-3620

Website: www.sourcinglink.org

Email:info@sourcinglink.org