RE: RE: Drilling Hematite Iron OreThanks for all the feedback. GLTA
Redmond and Block 44
Redmond and Block 44 surround the southern half of Labrador Iron Mines 150Mt @ 57% DSO claims to the south of Schefferville. The DSO mineralization from LIM continues onto the Redmond Property confirmed with multiple DSO showings on strike to LIM’s deposits. Fifteen DSO targets have been identified on the Redmond Property. The Redmond Property boasts the added advantage of excellent infrastructure with a rail line running through part of the property connecting to LIM’s DSO plants further north. A DSO discovery next to LIM’s operations will have the added advantage of extremely low capex costs with a rail line already running through the property.
Cap-Ex has two high priority DSO properties in the Trough. Between them they have as much potential for as much DSO iron ore mineralization as NML and LIM have defined on the properties at the heart of a re-vitalized district in Shefferville.