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Cap-Ex Ventures Ltd.: High Grade Iron Results Confirm Strike Extension
Nov. 30, 2011 02:32PM PST
Base Metals Investing Cap-Ex Ventures Ltd. (TSXV:CEV,OTCQX:CPXVF,FWB:X0V) announced the results from 2 more drill holes completed on the Block 103 iron ore property.
Cap-Ex Ventures Ltd. (TSXV:CEV,OTCQX:CPXVF,FWB:X0V) announced the results from 2 more drill holes completed on the Block 103 iron ore property.
As quoted in the press release:
The Northwest Zone was tested by 6 diamond drill holes over 5.3 kilometres of strike length. To date, results have been received for 3 holes with the results for drill hole DDH103-11 having been disseminated by the Company on November 8, 2011. Drill hole DDH103-13 drilled 680 metres south of drill hole DDH103-11 intersected 90.63 metres (true thickness) averaging 32% iron (Fe) and 31.62% DTWR. Hole DDH103-15 drilled 1,150 metres southeast of DDH103-11 intersected 88.91 metres (true thickness) averaging 31.1% Fe and 27.53% DTWR.
Cap-Ex’s President and CEO, Brett Matich said:
The positive results from the drilling at the Northwest Zone are very encouraging, complementing our original Greenbush Zone discovery from the 2011 drill program and all contained within our 100% owned Block 103 property.
Click here to read the Cap-Ex Ventures Ltd. (TSXV:CEV) press release. Â
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