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Cap-Ex Ventures Ltd. (TSXV:CEV,OTCQX:CPXVF,FWB:X0V) announced it has intersected iron mineralization in each of the first 11 holes in the Greenbush Zone on its Block 103 property.
As quoted in the press release:
These first 11 holes were all drilled on a single, 2,050 metre long drill line trending northeast/southwest, oriented perpendicular to the Greenbush Zone. Mineralized intersections for these holes range from 96 to 317 metres.
Notably, drill hole DDH103-81 intersected 314 metres of mineralization and was terminated at a depth of 354 metres while still within the mineralized zone. Drill hole DDH103-54 was also terminated within the mineralized zone, after intersecting 187 metres of iron mineralization. These results are similar to those from DDH103-44, which was completed along the same drill line during the 2011 drilling campaign.
Click here to read the Cap-Ex Ventures Ltd. (TSXV:CEV) press release.
