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Article: Advanced Explorations' New Tuktu Iron Ore Discovery Averages 34% Iron.
- Article from:
- Marketwire Canada
- Article date:
- November 12, 2009
CopyrightCOPYRIGHT 2009 Canadian Corporate News. News Provided by Comtex. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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TORONTO, ONTARIO, Nov 12, 2009 (Marketwire via COMTEX) -- Advanced Explorations Inc. (the "Company" or "AEI") (TSX VENTURE:AXI)(FRANKFURT:AE6) is pleased to report assay results from the recently discovered Tuktu magnetite deposit on the Melville Peninsula, Nunavut. The project is located only 45 km from the ocean and approximately 60 kilometres northwest of the Company's flagship Roche Bay project.
Results from the representative sampling of the Tuktu banded iron formation were exceptionally consistent and averaged 34.0% iron with low contaminant levels. Moving spatially away from the geologic contacts and fault zone (gossan area) sulfur content notably ...