Northern Iron Corp. Intersects 77.5 Metres Iron Mineralization

Northern Iron Corp. (CVEE:NFE) reports assay results for the first three drill holes on the Karas property.

The press release is quoted as saying,

To date, 15 drill holes have been completed of the planned 30 drill holes (approximately 10,000 metre program) on Northern Iron’s 100% owned Karas property located 15km northeast of the town of Ear Falls, Red Lake mining district, Ontario. The 10,000 metre drill program is being completed to define a mineral resource on the property by the end of 2011.

Northern’s President and CEO, Basil Botha says,

The management team is delighted with all the hard work the exploration crews completed in the 2010 season to define the potential of a significant resource on the Karas property and we eagerly await further results.

For the complete press release, click here.