The Conversation (0)
May. 02, 2013 11:30AM PST
Fancamp Exploration Ltd. (TSXV:FNC) released an initial Mineral Resource Estimate on its Lac Lamêlée South Iron Project in Quebec. The project yields inferred mineral resources of 520 million tonnes at 39.5% Fe2O3 (or 27.6% FeT).
As quoted in the press release:
At a 22% Fe2O3 cut-off grade, there are 520 million tonnes grading 39.5% Fe2O3 (or 27.6% FeT) in the Inferred Mineral Resources* category. The 22% Fe2O3 cut-off grade used is a natural cut-off grade since the drilling and the combined geological-resource modeling covered the target iron formation in its entirety.
Click here to read the Fancamp Exploration Ltd. (TSXV:FNC) press release
Click here to see the Fancamp Exploration Ltd. (TSXV:FNC) profile