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IRON ORE EXPLORATION: Lac La Fer living up to name with 63% Fe
By Canadian Mining Journal · February 2, 2012 · 1:59 am · Leave a Comment
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QUEBEC – Toronto-based Century Iron Mines reports intersecting 45 metres of 62.67% total Fe at the Lac La Fer iron prospect, part of its Sunny Lake project near Schefferville. The drill hole ended in mineralization at 54 metres.
The company drilled a single hole into Prospect 3, a direct shipping target, based on a gravity anomaly 1,200 metres long and 400 metres wide. The Lac La Fer prospect was explored in 1951 by Iron Ore Co. of Canada whose geologist wrote an optimistic report.
