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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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