Location:
Canada, British Columbia
Nearest Landmark:
UCLUELET
Distance from Landmark:
22 km
Direction from Landmark:
NE
Latitude:
49 Degrees 4 Minutes (North)
Longitude:
125 Degrees 20 Minutes (West)
Logan Resources provided an updated resource estimates for its 100% owned Redford property located in British Columbia, Canada. The Measured and Indicated resource is estimated at 12 million tonnes grading 37.6% Fe for 6.2 million tonnes iron concentrate and the Inferred resource is estimated at 12.6 million tonnes grading 39.5% Fe for 7.12 million tonnes iron concentrate. The resource estimate is based on results of 2008 drilling program.
Logan Resources provided an updated resource estimate. The Measured and Indicated resource is estimated at 12 million tonnes grading 37.6% Fe for 6.2 million tonnes iron concentrate and the Inferred resource is estimated at 12.6 million tonnes grading 39.5% Fe for 7.12 million tonnes iron concentrate. The resource estimate is based on results of 2008 drilling program.
November 26, 2008
Announced that initial drilling results have confirmed historic Noranda surface drilling in the area. The initial four drill holes (totaling 1,100 metres) were sited to test an area where Noranda had completed four surface holes in the 1960’s. Logan’s four holes averaged 50.4% iron over an average vertical width of 55.8 metres versus the historic Noranda holes which averaged 53.5% over an average vertical width of 52.2 metres.
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