Canadian Orebodies has reported the release of fourth set of drilling results from the summer drilling conducted at the Haig Inlet project, which is an iron ore project situated at the Belcher Islands in Canada. The company has obtained the assay results of further four drill holes.
The focus of the assay results from the holes was at the central and northern segments of the initial target region to the project’s northern part. Further results from these four drill holes are with very constant thickness and grade in the Kipalu structure, which strengthens the belief of the company that the Haig Inlet project has the capacity to have a huge amount of iron ore.
The width of the iron structure averages 44.7 m and ranges between 42.6 and 47.2 m. The average grades range from 28.9% to 29.8% of iron ore over these intervals.
The company has intersected 35.9% iron over 14.0 m and 29.8% iron over 42.6 m in the hole CO11-47, 33.1% iron over 18.0 and 29.0% iron over 47.2 m in the hole CO11-48, 33.2% iron over 16.0 m and 28.9% iron over 44.0 m in the hole CO11-56, 34.7% iron over 13.0 m and 28.9% iron over 45.1 m in the hole CO11-57.