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Labrador Iron Mines Holdings Reports Positive Drill Results from Howse Deposit
Sep. 18, 2014 10:20AM PST
Base Metals Investing Labrador Iron Mines (TSX:LIM) has reported results from its exploration program at the Howse Deposit this summer. The deposit is held in joint venture with Tata Steel Minerals Canada.
Labrador Iron Mines (TSX:LIM) has reported results from its exploration program at the Howse Deposit this summer. The deposit is held in joint venture with Tata Steel Minerals Canada.
As quoted in the press release:
LIM’s $5.0 million Howse exploration program, which commenced in late 2013, comprised of 19 drill holes: six diamond and 13 reverse circulation (“RC”) holes totalling 2,014 metres (“m”). Of the 19 holes drilled, 17 holes returned ore-type intersections, with consistent results over the entire area drilled. Of note, hole HW-DD14-05 returned 84.1 m grading 65.9% iron (“Fe”) and HW-DD13-01A returned 79.5 m grading 64.52% Fe (cut-off grade of 58.0% Fe), demonstrating significant widths of high-grade direct shipping hematite mineralization.
Click here to read the Labrador Iron Mines Holdings Limited (TSX:LIM) press release