Suni Iron DepositIron Ore Deposit
SUNI TOWNSHIP – Iron Deposit
Class: Iron formation, Algoma type, oxide facies.
Location: Suni Township, Thunder Bay Mining division, Ontario Canada
Economic Features: JORC compliant iron resource hosting 280 MT averaging 28% Fe at a cut off of 20% with 22.4% magnetic iron. Composite bulk samples from 2 pits grade 29.7% Fe. By wet magnetic methods and grinding to 88.90% -325M, a concentrate assaying 66.5% Fe, 6% Si02 has been produced with magnetic iron recovery of 94% (i.e. 2.5 tons crude yields 1 ton of concentrate).
Iron deposit is located 3 kilometers from existing railway, 140 km by rail to shipping port. Technical reports are available upon request.
Previous Ownership: Can-Fer Mines Limited on lease to Algoma Steel Corporation Limited.
1957 Aeromagnetic survey.
1958-63 Extensive diamond drilling, magnetometer and geological surveys by Can-Fer Mines Limited.
1966 Diamond drilling by Algoma Steel Corp. Ltd.
2012 Airborne Magnetic survey by NRH Resources Ltd