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    iron investing

    Iron Prospect in Congo Shows High-Grade Promise

    Investing News Network
    Jan. 25, 2012 02:35PM PST
    Base Metals Investing

    Mining Weekly reported Kilo (TSXV:KGL) shares are 13% higher after announcing promising iron ore results from its joint-venture project.

    Mining Weekly reported Kilo (TSXV:KGL) shares are 13% higher after announcing promising iron ore results from its joint-venture project.

    As quoted in the market news:

    At its iron-ore joint venture with Rio Tinto in the Democratic Republic of Congo, Kilo said drilling results continued to indicate the project had the potential for direct-shipping ore, meaning it is of such high grade it does not need to be processed at a plant before being used to make steel.

    Click here to read the full Mining Weekly report.

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