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To:
northerner3
who wrote (
210879
)
2/13/2012 3:53:20 PM
From:
cole steel
Respond to
of 228189
You should check out Rogue Iron Ore (RRS 0.21 +0.01 +5% 218,800 vol)
They are hitting longer and richer Fe grades and the market has not fully woken up to the potential. No Institutional coverage yet. Low shares outstanding 36.9 Million.
Currently in Phase One of Two for a total 10,000 metre drill campaign on the old Radio Hill Iron Ore project that was previously drilled back in the1950s and 60s. They are twinning historical holes and drilling out some step outs to put out a 43-101 initail resource estimate next Quarter . Good infrastructure in place: power, roads, water and rail line cuts through their property. Timmins is approx 8 kms away. The property is of the
Magnetite
class iron which is a is a
ferrimagnetic
mineral
characterized by being highly soluble, ie read as low cost. Could be potential feed for existing steel mills across the border in Michigan.
-Cole
Rogue Iron drills 171 m of 42% total iron at Radio
2012-02-13 08:05 ET - News Release
INCLUDE 164 METERS OF 37.9% TOTAL IRON
Rogue Resources drills 141 m of 40.6% Fe at Radio Hill
2011-11-30 07:50 ET - News Release
Today's release with further details re. assays, PEA and historical workings here:
marketwire.com
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