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    iron investing

    Sable Mining acquires Bagla Hills Iron Ore Project in Sierra Leone

    Investing News Network
    Apr. 05, 2011 08:07AM PST
    Base Metals Investing

    Mineweb reports Sable Mining Africa Ltd (LON:SBLM) has acquired an 80% interest in Red Rock Mining in Sierra Leone.

    Mineweb reports Sable Mining Africa Ltd (LON:SBLM) has acquired an 80% interest in Red Rock Mining in Sierra Leone.

    The editorial is quoted as saying,

    Sable Mining CEO Andrew Groves said, “The Bagla Hills project has world class potential with existing reports already indicating a resource estimate of 838Mt at 32% Fe.  The geology clearly indicates the possibility for a much bigger project with large tonnages of iron ore being present covering the two ridges and at depth along the keel of the fold axis.

    For the complete editorial, click here.

    iron investingmining africalon:sblm
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