Business
La Balsa Iron Ore Developments
La Balsa Iron Ore Developments
About this update from Bell Copper Corporation
[{"type":"text","content":"\n\n\n\n Oct. 28, 2010 (Canada NewsWire Group) -- \n\n#ReleaseContent TABLE\n{\n BORDER-COLLAPSE: collapse\n}\nTR.cnwUnderlinedCell TD\n{\n BORDER-BOTTOM: #000000 1px solid\n}\nTR.cnwDoubleUnderlinedCell TD\n{\n BORDER-BOTTOM: #000000 3px double\n}\nTR.cnwBoldUnderlinedCell TD\n{\n BORDER-BOTTOM: #000000 3px solid\n}\nTD.cnwUnderlinedCell\n{\n BORDER-BOTTOM: #000000 1px solid\n}\nTD.cnwDoubleUnderlinedCell\n{\n BORDER-BOTTOM: #000000 3px double\n}\nTD.cnwBoldUnderlinedCell\n{\n BORDER-BOTTOM: #000000 3px solid\n}\n#ReleaseContent TABLE.cnwBorderedTable TD\n{\n BORDER-RIGHT: black 1px solid;\n PADDING-RIGHT: 2px;\n BORDER-TOP: black 1px solid;\n PADDING-LEFT: 2px;\n PADDING-BOTTOM: 2px;\n BORDER-LEFT: black 1px solid;\n PADDING-TOP: 2px;\n BORDER-BOTTOM: black 1px solid;\n BORDER-COLLAPSE: collapse\n}\n#ReleaseContent TABLE TD\n{\n PADDING-RIGHT: 2px;\n PADDING-LEFT: 2px;\n PADDING-BOTTOM: 2px;\n PADDING-TOP: 2px\n}\n\n\nTSX-V Symbol: BCU\n\n\nVANCOUVER, Oct. 28 /CNW Telbec/ - Bell Copper Corporation ("Bell Copper" or the "Company") (TSX-V Symbol: BCU) is pleased to\n announce that its wholly owned Mexican subsidiary Minera Montoro is\n initiating a ground magnetic survey over the 2400-hectare Balsa 14\n concession.  Central to the Balsa 14 concession is a prominent 3\n kilometer by 4 kilometer magnetic anomaly identified in a government\n aeromagnetic survey.  The dimensions of the anomaly are comparable to\n aeromagnetic anomalies over Arcelor-Mittal's 290-million-ton Las\n Truchas iron deposit, located 20 kilometers to the west.  Minera\n Montoro, through the exploitation agreement disclosed on August 19,\n 2010, is currently mining high grade lump iron ore on the Balsa 14\n concession from satellite orebodies peripheral to the aeromagnetic\n anomaly.  Two grab samples taken by the Company at the site of the\n current mining returned iron values of 66.8% and 65.4%. Lump iron ore\n is being delivered to Chinese purchasers at the port of Lazaro Cardenas\n 10 kilometers to the southwest.\n\n\nThe Company has applied for an additional mineral concession, named\n Balsa 15, situated along the west side of Balsa 14 following the\n discovery of outcropping iron ore beyond the western limits of Balsa\n 14.  The large aeromagnetic anomaly described above on the Balsa 14\n concession lies roug...