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Cap-Ex Ventures (TSXV:CEV,OTCQX:CPXVF,FWB:X0V) announced the first set of assay results from its on-going drill program within the Greenbush Zone in western Labrador.
As quoted in the press release:
Twelve holes intersected intervals ranging from 64.0 to 216.4 metres of 26.7% to 30.2% total iron all on a single, 2,050 metre long drill line (A – A’). Three of these holes were terminated within mineralized zones, including drill hole DDH103-81 which was drilled to a depth of 354 meters. The program, which began at the end of April, has focused on the Greenbush Zone with the goal of outlining an initial National Instrument (NI) 43-101 mineral resource estimate by the end of 2012.
Click here to read the Cap-Ex Ventures (TSXV:CEV,OTCQX:CPXVF,FWB:X0V) press release
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