Ferrum Receives Environmental Approval for Iron Ore Project

Ferrum Americas Mining Inc. (TSXV:FEM) announced the receipt of environmental permits for its Cerro Rojo iron ore project located in eastern Bolivia

As quoted in the press release:

Cerro Rojo is a large Neoproterozoic banded iron formation which is part of the regional iron ore trend extending into Bolivia from the world class Corumba-Urucum iron ore fields located 75 kilometres to the east in Brazil. Cerro Rojo strikes for more than 4 km and has been mapped for more than 1,000 m along its dip slope. Surface sampling grades average in excess of 50% Fe according to reports prepared by Rio Tinto in 1999 and verified by Ferrum.

Click here to read the Ferrum Americas Mining Inc. (TSXV:FEM)  press release.