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Oceanic Iron Ore Corp V.FEO

Alternate Symbol(s):  FEOVF

Oceanic Iron Ore Corp. is a Canada-based exploration-stage company. The Company is engaged in the acquisition and exploration of iron ore properties in Quebec, Canada. The Company is focused on the development of the Ungava Bay iron properties in Nunavik, Quebec. The properties comprise three project areas: Hopes Advance, Morgan Lake, and Roberts Lake. The properties cover over approximately 36,039 hectares of iron ore formation and are located within 20-50 kilometer of tidewater. These properties comprise approximately 3,703 claims which are located over 1,568 square kilometers along the northern extension of the Labrador Trough in the Nunavik Region of northern Quebec. The projects cover over 300 kilometers of iron formation.


TSXV:FEO - Post by User

Bullboard Posts
Post by helpline88on Aug 22, 2018 11:27pm
45 Views
Post# 28503555

Financials

FinancialsThey released the interm financials to June 30/18. The key bit of information is they are working on a lower capital expenditure alternative and will release the results of this study in the second half of 2018. Looks like they have the cash to complete this. So news coming. Lets hope the numbers from this study make the project economical. The hard work is appreciated.
Bullboard Posts