Zone Resources (TSXV:ZNR,FWB:7ZR) announced it expanded Girard property in Labrador Trough of northern Québec.
Zone Resources (TSXV:ZNR,FWB:7ZR) announced that the company has expanded its Girard property in the Labrador Trough of northern Québec by optioning an additional claim group consisting of 46 claims totaling 5,335 acres. As quoted in the press release:
The newly acquired claims cover airborne magnetic anomalies with an aggregate length of 11 kilometres. With this acquisition, the Girard property now encompasses a minimum of twelve separate magnetic anomalies with an aggregate strike length of some 75 kilometres. Ground checking of the magnetic anomaly on the newly optioned claims revealed exposures of magnetite iron formation over a width of approximately 200 metres, similar to other iron formation zones now being drilled in the western part of the Girard claim group. The newly acquired claims bring the total of Zone’s Labrador Trough iron properties to 964 claims covering approximately 111,000 acres.