Posted in | News | Iron Ore | Mining Business

Nevado Resources’ Phase I Intensive Exploration at its Properties, near Fermont

By Joel ScanlonNov 18 2011

Nevado Resources has reported the phase I intensive exploration program at its properties, which is situated close to Fermont city and between the deposits of Mont Reed d'ArcelorMittal and Fire Lake.

DSO type of iron deposits occur favorably at these properties. The goal of the exploration program is to receive the initial results, which will be utilized for the development of the prospective iron.

The company has started the exploration program along with an extremely high resolution magnetic geophysical survey over a 100 m area between the trajectories of the flight at lower elevation. Novaterm will perform this geophysical survey. The aerial survey will enclose over 400 sq. km, which has covered three constant mining claim blocks in the Fire Lake and Fermont regions. The time taken for the survey will be over 6,000 km of flight time. The aim of the survey is to trace the regions, where the magnetic signature matches with the regions that are iron-rich, favorable to have type DSO mineralization. Qualified prospectors as helicopter groups will organize a ground program to confirm the magnetic survey.

AXOR geological team has controlled the work and the mission of the team is to expand the phase II exploration program as well as a drill campaign scheduled for the second quarter of the year 2012.

Source:

http://www.nevadoresources.com/

Written by

Joel Scanlon

Joel relocated to Australia in 1995 from the United Kingdom and spent five years working in the mining industry as an exploration geotechnician. His role involved utilizing GIS mapping and CAD software. Upon transitioning to the North Coast of NSW, Australia, Joel embarked on a career as a graphic designer at a well-known consultancy firm. Subsequently, he established a successful web services business catering to companies across the eastern seaboard of Australia. It was during this time that he conceived and launched News-Medical.Net. Joel has been an integral part of AZoNetwork since its inception in 2000. Joel possesses a keen interest in exploring the boundaries of technology, comprehending its potential impact on society, and actively engaging with AI-driven solutions and advancements.

Citations

Please use one of the following formats to cite this article in your essay, paper or report:

APA
Scanlon, Joel. (2019, February 18). Nevado Resources’ Phase I Intensive Exploration at its Properties, near Fermont. AZoMining. Retrieved on November 23, 2024 from https://www.azomining.com/News.aspx?newsID=5405.
MLA
Scanlon, Joel. "Nevado Resources’ Phase I Intensive Exploration at its Properties, near Fermont". AZoMining. 23 November 2024. <https://www.azomining.com/News.aspx?newsID=5405>.
Chicago
Scanlon, Joel. "Nevado Resources’ Phase I Intensive Exploration at its Properties, near Fermont". AZoMining. https://www.azomining.com/News.aspx?newsID=5405. (accessed November 23, 2024).
Harvard
Scanlon, Joel. 2019. Nevado Resources’ Phase I Intensive Exploration at its Properties, near Fermont. AZoMining, viewed 23 November 2024, https://www.azomining.com/News.aspx?newsID=5405.