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Cuervo Resources Inc. (CNSX:FE,FWB:CRR) announced aggregated technical data on drilling activity at the “Bob 1” zone of its Cerro Ccopane project in Peru.
As quoted in the press release:
Drill results thus far have been strong, showing multiple and large (100+meters) intersections of massive magnetite. Laboratory analysis of drill cores of 5 reported holes has shown average grades above 40% Fe with manageable impurity levels, and preliminary evidence of course grain sulphide content amenable to low cost iron concentrate production.
Preparation of a 43-101 compliant resource estimate on the Bob 1 zone will commence following the expected completion of scheduled drilling activity early next month. That report is targeted for release during February 2013.
Click here to read the Cuervo Resources (CNSX:FE,FWB:CRR) press release
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