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Ferrum Receives Environmental Approval for Iron Ore Project
May. 24, 2012 04:22PM PST
Base Metals Investing Ferrum Americas Mining Inc. (TSXV:FEM) announced the receipt of environmental permits for its Cerro Rojo iron ore project located in eastern Bolivia
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. Â
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