Suomi Iron Prospect

Iron Ore Property

Suomi Iron Prospect

Class: Iron Formation, Superior type, oxide facies

Location: Near NE corner of Whitefish Lake, 50 km west of Thunder Bay, Ontario which has a deep water harbor. Hydro, gas and water are readily available.

Reference: ODM Map 2065.

Description: Gently dipping, Gunflint iron formation composed of magnetite, jasper, silica and slate capped by 60 to 100 feet of Keweenawan diabase.

Economic Features: Drilling intersected 307 feet (from 73-380) of iron formation, including a 75-foot section of magnetite-jasper.
Previous sampling from Silver Bluff and the east face of Divide Ridge which assayed 26.4%, 30.4% and 32.3% Fe gave concentrates of 43.4%. 53.6% and 50.4% Fe at -200 M with weight recovery of 39.6%, 47.2% and 27.1% Fe.

History: Circa 1958 5 d.d. holes for 1,306 feet by Seaway Iron Mines Ltd.

References: ODM map 2065, 1960j.
ODM, 1960, Volume LXIX, pt.7.
Assessment files, Port Arthur.