Airborne Magnetic Survey for Girard Iron Property
1st drill hole on Ross Mountain View of Ross Mountain Zone Iron Formation
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.
- 110,995 acres of property: The four major properties are Girard, Red Knob Hill, Bob Lake and Moore-Ross.
- Major players: The properties are adjacent to Adriana Resources' Lac Otelnuk Project and New Millennium's Kemag and Labmag projects. Tata Steel recently signed an option agreement with New Millennium for a $4.9 Billion development which includes the production of a 750km slurry pipeline.
- Strong historic results: Highlight of the Historical drilling on Moore-Ross shows a significant hole bearing *42.9% iron over 197 feet. Over 37 drill holes, the primary iron mineral is hematite and iron grades ranged from 17.25% to 44.8%.
- Quebec: One of the most mining friendly provinces in the world. 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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