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Advanced Explorations Inc. Commences Airborne Magnetic Survey Over Alaskan Iron Sands Project
May. 26, 2011 07:21AM PST
Base Metals Investing Advanced Explorations Inc. (CVE:AXI,FRA:AE6) reports it has commenced an airborne magnetic survey of its iron sands project located in Alaska.
Advanced Explorations Inc. (TSXV:AXI,FRA:AE6) reports it has commenced an airborne magnetic survey of its iron sands project located in Alaska.
The press release is quoted as saying,
The iron sands project comprises of a placer deposit that is attractive primarily for its magnetite content. The deposit area is composed of an active beach and offshore area as well as paleo-beach and terraces. A composite sands sample taken during an initial site visit returned a result of 8.23% Fe2O3 which compares favorably to other iron sands projects.
For the complete press release, click here.
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