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    iron investing

    Iron Ore Holdings Reports WA Resource Increase

    Investing News Network
    Jun. 24, 2011 07:09AM PST
    Base Metals Investing

    Mining Weekly reports Iron Ore Holdings (ASX:IOH) has increased its mineral resource estimate for the Iron Valley project in Western Australia.

    Mining Weekly reports Iron Ore Holdings (ASX:IOH) has increased its mineral resource estimate for the Iron Valley project in Western Australia.

    The market news is quoted as saying,

    The company said that the Joint Ore Reserves Committee-compliant mineral resource now stood at 259-million tons, up from the previous estimate of 240-million tons.

    A total of 216.3-million tons of this resource is in the indicated category, with the remaining 42.8-million tons falling in the inferred category.

    For the complete market news, click here.

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