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Logan Resources begins drilling on Brynnor Iron project, Vancouver Island
VANCOUVER, Nov. 17 /CNW/ - Logan Resources Ltd. (TSXV:LGR) (the "Company") is pleased to announce...
About this update from Intrepid Metals Corp.
[{"type":"text","content":"\n\n\n\nVANCOUVER, Nov. 17 /CNW/ - Logan Resources Ltd. (TSXV:LGR) (the\n"Company") is pleased to announce that it has received the permit to begin\ndrilling the Brynnor Iron project, located on its 100%-owned Redford Property,\nVancouver Island, British Columbia. Crews mobilized over the weekend and\ndrilling has now started. The Company plans to complete 6,200 metres of\ndiamond drilling in 20 holes. D.J. Drilling Ltd. has been contracted to\nprovide drilling services and will have three drill rigs in operation.\n\n\nInitial resource estimates on the Brynnor deposit determined measured\nplus indicated mineral resources of 7,070,000 tonnes grading 51.3% iron\ncontaining 5,750,000 tonnes of iron concentrate grading 63.7% iron; and\ninferred resources of 18,620,000 tonnes grading 51.3% iron, containing\n15,140,000 tonnes of iron concentrate grading 63.7%. For further details,\nplease refer to the Sept. 9, 2008 news release.\n\n\nThe objective of the drilling program is to upgrade all or a portion of\nthe current indicated and inferred resources to the measured and indicated\nresources and to increase the inferred category at depth and along strike.\n\n\nMr. Peter George, P.Geo., as a consultant to the Company is the Qualified\nPerson for the project and is responsible for the content of this press\nrelease.\n\n\nLogan Resources Ltd. is a mineral exploration company that specializes in\nacquiring, exploring and advancing Canadian mineral properties. The Company\nhas a diversified portfolio of precious metal, base metal and uranium\nprojects. For more information on the property portfolio and the Company,\nplease visit www.loganresources.ca, www.sedar.com and www.sec.gov websites.\n\n\nON BEHALF OF THE BOARD\n\n"Seamus Young"\n------------------------------\nSeamus Young\nPresident and CEO\n\n\nStatements contained in this news release that are not historical facts\nare forward-looking statements, which are subject to a number of known and\nunknown risks, uncertainness and other factors that may cause the actual\nresults to differ materially from those anticipated in our forward looking\nstatements. Although we believe that the expectations in our forward looking\nstatements are reasonable, actual results may vary, and we cannot guarantee\nfuture results, levels of activity, performance or achievements.\n\n\nThi...