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Ridgemont Iron Ore Corp. (CVE:RDG) reports that drilling has commenced at the Redford Iron Ore property located on Vancouver Island, British Columbia.
Ridgemont Iron Ore Corp. (TSXV:RDG) reports that drilling has commenced at the Redford Iron Ore property located on Vancouver Island, British Columbia.
The press release is quoted as saying,
The Redford Property is host to the former producing Brynnor iron deposit. Noranda Exploration Ltd. mined the near surface portion of the iron ore body in the 1960′s and produced 4,480,940 tonnes at 56% iron. The mine was closed in 1968 at the expiration of the concentrate sales contract with Japanese steel makers; however, the underground extension of the ore body was never mined. Drilling will take place in and around the Brynnor pit to test the underground extension of the ore body.
For the complete press release, click here.