Tony Sage-backed minnow has acquired the Block 103 project in Canada, which it calls “the largest undeveloped magnetite iron ore project in the world”.Block 103 covers 7,275 hectares in the Labrador Trough, one of the largest iron ore belts in the world accounting for 99% of Canada’s iron ore.It has a historical non-JORC resource of 7.2 billion tonnes grading 29.2% iron, based on 4km of the 12km of strike.
EUR Price at posting:
7.6¢ Sentiment: Hold Disclosure: Held
