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IMAN
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Key Facts
Location:
Chile
11 km SW of VALLENAR Commodities: Iron Ore
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Comparable Properties
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Latest Information March 31, 1999 Drill results from the first 2 holes were reported. Hole Im-1 intersected 95 m of magnetite grading 36.1% Fe below 181 m of gravel cover. A second hole, located 120 m south of Im-1 and drilled at the same azimuth and dip, did not intersect magnetite mineralization. Plans are to drill additional holes in late April or May. March 31, 1999 Drill results from the first 2 holes were reported. Hole Im-1 intersected 95 m of magnetite grading 36.1% Fe below 181 m of gravel cover. A second hole, located 120 m south of Im-1 and drilled at the same azimuth and dip, did not intersect magnetite mineralization. Plans are to drill additional holes in late April or May. February 28, 1999 Drilling was to start on the property by mid-February. An initial drill program consisting of three, 500 m diamond drill holes is planned. These holes will be directed towards the center of the coincident magnetic and IP anomaly. |
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