Northern Iron Completes Magnetic Surveys on Griffith Property

Iron Investing

Northern Iron Corp. (TSXV:NFE) announced that it has completed approximately 11 line kilometers of ground magnetic surveys on its Griffith property in the Red Lake District of Ontario.

Northern Iron Corp. (TSXV:NFE) announced that it has completed approximately 11 line kilometers of ground magnetic surveys on its Griffith property in the Red Lake District of Ontario.
As quoted in the press release:

The survey successfully outlined the broad trend of the iron formations within the North Griffith Pit.  Depth estimates to mineralization and precise widths were not made. The data provides a guide to the next phase of drilling.
A total of 10.99 line km of ground magnetic surveys were completed using a GSM-19 version 7.  Overhauser Magnetometer System.  Instrument specifications can be found at: www.gemsys.ca/pdf/GSM-19%20Overhauser%20v7.0.pdf
Magnetic readings were downloaded daily and corrected with the Base Station data.
Readings were taken every 20m along 100 metre spaced traverses originally set at 118o orientation.  Portions of some lines, in particular at their eastern extremities, could not be surveyed due to the slope of the pit.
The survey outlined the main iron formation previously partially extracted, and reveals the main north-northeast to northeast (folded) trend.  The southern continuation of the mineralized body is seen extending ‘off pit’; the anticlinal sequence is observed as a broader expression, and the East limb, trending south to southeast appears as a near vertical sequence in the southeast corner of the pit and grid.

Click here to read the full Northern Iron Corp. (TSXV:NFE) press release.

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