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    Pacific Iron Ore Corporation Announces Diamond Drilling has Commenced on the St Anthony’s Gold Project

    Investing News Network
    Oct. 29, 2010 07:57AM PST
    Base Metals Investing

    Pacific Iron Ore (CVE:POC) announced that the St Anthony’s drill project following up on results acquired from 2009 , located in the Kenora-Patricia Mining district of Ontario.

    Pacific Iron Ore (TSXV:POC) announced that the St Anthony’s drill project following up on results acquired from 2009 , located in the Kenora-Patricia Mining district of Ontario. 

    The press release is quoted as saying:

    The St. Anthony’s project has the potential to host gold resources, is located in Ontario and is comprised of 54 mining claims and 14 leases covering 8,784 hectares. The St. Anthony’s Gold Project contains the largest past-producing gold mine in the Kenora–Patricia Mining District of Ontario. The original St. Anthony mine is located in the Sturgeon Lake Greenstone Belt and produced 63,310 oz. gold from 332,720 tons with an average recovered grade of 0.191 ounce gold per ton. A successful 2009 drill program returned both narrow high grade gold values as well as wider potential bulk tonnage intersections previously released (May6, 2010). Hole SA-09-07 returned 54.0 meters of 1.73 g/t Au demonstrating the bulk tonnage potential of this area. Full Force drilling of Peachland has been contracted to conduct a minimum 3,000 meter NQ2 drill program consisting of approximately ten drill holes to follow up on 2009 results and expand the target area

    To access the full news release, click here.

    To access Pacific Iron Ore’s company website, click here.

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