Newfoundland and Labrador
IRON ORE PROJECT
SAGLEK IRON
Sagely Iron display a favourable grade and iron oxide contents and possible significant tonnage potential.
A total of 22 rock samples were collected and Zone 1 to 5 yielded good iron values with 11 of the 18 samples returning iron values greater than 15% Fe with magnetite (Fe3O4) contents greater than 12% (Seymour et al., 2012).
Zone 6 is strongly magnetic, sample yielded 30.8% Fe with 30.4% magnetite (Fe3O4). Zone 8, yielded very good iron values ranging from 29.9% Fe with 39% to 51% magnetite (Fe3O4), (Seymour et al., 2012)
IRON TITANIUM VANADIUM MINES
5 Iron Titanium Vanadium mines for option or joint venture.
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Skindles Mine
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Lower Drill Book Mine
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Upper Drill Brook Mine
Estimated reserve for Upper Drill Brook mine area which measures about 4,320 sq. ft. with an average depth of 2m is 51,300t with an average grade of 54.8% Fe.
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Indian Head Mine
A considerable tonnage of low grade, readily concentratable material is exposed, that probably averages about 20% Fe, 0.5% Ti, and 1.0% V, but no conspicuous aeromagnetic anomalies are shown (rose, 1973).
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Hayes Prospect
The deposit is estimated to hold about 27,000t of titaniferous magnetite averaging about 54% Fe, 9% Ti, and 0.2% V.