Zone Resources Inc. Business Overview
Zone Resources Inc. has assembled an extensive property portfolio in the Labrador Trough, a world-class iron ore district. The properties, located in Nunavik (Northern Quebec) are in proximity to major iron projects.
- 16,228 acres of property: The two major properties are Lac Edgar and Girard West
- Major players: The properties are just north of Adriana Resources' Lac Otelnuk Project and New Millennium Iron's Kémag and Labmag projects. Tata Steel recently signed an option agreement with New Millennium worth $4.9 Billion for development of it's projects in the Labrador Trough.
- Québec: One of the most mining friendly provinces in the country. Furthermore, the provincial Quebec government recently announced an $80 Billion infrastructure and investment plan for the northern part of the province (Plan Nord).
With properties not subjected to modern exploration techniques, Zone Resources is aiming to design a program that will corroborate the historical results and determine future drill targets.
*Note: historical data is not 43-101 compliant and cannot be relied upon.
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