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Oceanic Iron Positions Ungava Bay for Future Development
Mar. 18, 2013 05:12PM PST
Base Metals Investing Oceanic Iron Ore Corp. (TSXV:FEO, OTCQX:FEOVF) announced that it has staked a total of 107 more claims close to its Roberts Lake and Hopes Advance concessions, which it plans to develop in the future.
Oceanic Iron Ore Corp. (TSXV:FEO, OTCQX:FEOVF) announced that it has staked a total of 107 more claims close to its Roberts Lake and Hopes Advance concessions, which it plans to develop in the future.
As quoted in the press release:
The Company believes these additional claims provide prospective potential to increase the Company’s mineral resources at both Hopes Advance and Roberts Lake and their acquisition fits with Oceanic’s strategy to develop and then maintain its future operations as a long term bottom quartile cost iron producer.
Click here to read the full Oceanic Iron Ore Corp. (TSXV:FEO, OTCQX:FEOVF) press release.
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