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Ridgemont Iron Ore Corp. (TSXV:RDG,OTCQX:RIOOF) announced it has started drilling as part of its 2012 exploration program on the Lac Virot iron ore project in Labrador, Canada.
Ridgemont Iron Ore Corp. (TSXV:RDG,OTCQX:RIOOF) announced it has started drilling as part of its 2012 exploration program on the Lac Virot iron ore project in Labrador, Canada.
Ridgemont’s President and CEO, Brian Penney said:
We are excited to kick-off our 2012 exploration program at Lac Virot. The property’s potential, located within 20 km of four producing iron ore mines within the Labrador Trough, was one of the key factors that led us to pursue the acquisition of IronOne. We have designed this year’s exploration program to be flexible so that we can quickly capitalize on positive results as they are received in order to advance the property as rapidly as possible
Click here to read the Ridgemont Iron Ore Corp. (TSXV:RDG) press release.
