Zone Resources Inc. (CVE:ZNR) reports that field work has began on Zone’s iron properties in the Nunavik region of Northern Quebec.
The press release is quoted as saying:
The Ross Mountain Zone of iron formation is exposed for a strike length of 3 kilometres and a thickness of at least 80 metres. It has a dip that varies from 10 degrees to 45 degrees. The Creek Zone exposes iron formation that is at least 160 metres thick and corresponds to an airborne magnetic anomaly that is over 2 kilometres long. The North Slope Zone is exposed in one location where it is about 100 metres thick; the corresponding magnetic anomaly is 2 kilometres long with possible offset extensions that might add another 2 kilometres. The North River Zone is at least 95 metres thick and has a probable strike length of 1 kilometre, with an additional magnetic anomaly that appears to be a slightly offset extension, and is at least 3 kilometres long. There are also several airborne magnetic anomalies that have no outcrop, but are believed to be caused by other zones of iron formation.