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Cabo Drilling Commences Drilling at Alderon Resource Corp. Kami Iron Ore Project

Written by Investing News Network
|
Jun. 10, 2011 10:19AM PST

Cabo Drilling Corp. (CVE:CBE) reports it has been awarded a drill contract for 10,000 meters at Alderon Resource Corp.’s (CVE:ADV,PINK:ALDFF) Kami Iron Ore Project in Labrador.

Cabo Drilling Corp. (TSXV:CBE) reports it has been awarded a drill contract for 10,000 meters at Alderon Resource Corp.’s (TSXV:ADV,PINK:ALDFF) Kami Iron Ore Project in Labrador.

The press release is quoted as saying,

The Kami Property is located in close proximity to the mining towns of Wabush, Labrador City and Fermont.

The Company has deployed two fly drills with an anticipated start up date in early June. A third fly drill will be deployed to site at the beginning of July 2011 to increase the number of drills on the Kami Iron Ore Project to three.

For the complete market news, click here.

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