Originaltext
Diese Übersetzung bewerten
Mit deinem Feedback können wir Google Übersetzer weiter verbessern
Home
Ares Strategic Mining Inc
Northern Iron Corp. engages Roscoe Postle Associates Inc. as resource calculation consultants for the Karas property
Published Oct 12 2011
5 min read

Northern Iron Corp. engages Roscoe Postle Associates Inc. as resource calculation consultants for the Karas property

NOT FOR DISTRIBUTION TO U.S. NEWS SERVICES OR DISSEMINATION IN THE U.S.

VANCOUVER, Oct. 12, 2011 /CNW/ - Northern Iron Corp. (TSXV: NFE) ("Northern") is pleased to announce the appointment of Roscoe Postle Associates Inc.("RPA") to conduct a resource estimate and supporting NI 43-101 Technical Report on Northern's Karas Project, located near Red Lake, Ontario.

"RPA has extensive work experience in providing services at all stages of project development from exploration and resource evaluation through scoping, prefeasibility studies and feasibility studies. This experience will help ensure rapid completion of the NI 43-101 Technical Report on the Karas property," said Basil Botha, President & CEO of Northern.

Roscoe Postle Associates Inc. is based in Toronto with offices in Canada, the United States and the United Kingdom. RPA provides major mining companies, mid-caps, junior mining and exploration companies, financial institutions, governments, law firms and individual investors with cost effective strategic advice and solutions to challenges through access to people experienced in all aspects of the development and operation of mining projects.

ABOUT NORTHERN IRON

Northern Iron is a mineral resource company engaged in reviving a past producing iron mine and concurrent exploration of high quality iron ore resources in the Red Lake mining division, district of Kenora, Ontario, Canada.

Northern Iron holds 100% interest in minerals claims covering approximately 14,672 hectares, comprised of the El Sol Property, the past producing Griffith Property, the Karas Property, the Papaonga Property and the Whitemud-Slate Property.

The Griffith Mine owned at the time by Stelco, produced 78.8million tonnes of iron ore for conversion to pellets and DRI from 1968-1989. Total magnetic iron recovery was 86.26%

The Red Lake area is accessible year round by Highway 105, which joins the Trans Canada highway at Vermillion Bay, 175 km south and 100 km east of Kenora. Commercial air services operate to Red Lake from Thunder Bay, Ontario and Winnipeg, Manitoba.

Cautionary Statement

The foregoing information may contain forward-looking statements relating to the future performance of the Company. Forward-looking statements, specifically those concerning future performance, are subject to certain risks and uncertainties, and actual results may differ materially from the Company's plans and expectations. These plans, expectations, risks and uncertainties are detailed herein and from time to time in the filings made by the Company with the TSX Venture Exchange and securities regulators.  The Company does not assume any obligation to update or revise its forward-looking statements, whether as a result of new information, future events or otherwise.

Neither the TSX Venture Exchange nor its Regulation Service Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.  No stock exchange, securities commission or other regulatory authority has approved of disapproved the information contained herein.