Logan Resources initial drilling results confirm historic results on Brynnor Iron project, Vancouver Island

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[{"type":"text","content":"\n\n\n\nVANCOUVER, Nov. 26 /CNW/ - Logan Resources Ltd. (TSXV:LGR) (the\n"Company") is pleased to announce that initial drilling results have confirmed\nhistoric Noranda surface drilling in the area. The initial four drill holes\n(totaling 1,100 metres) were sited to test an area where Noranda had completed\nfour surface holes in the 1960's. Logan's four holes averaged 50.4% iron over\nan average vertical width of 55.8 metres versus the historic Noranda holes\nwhich averaged 53.5% over an average vertical width of 52.2 metres.\n\n\nThe precise location of the historic holes could not be determined on\nsurface; therefore the Logan holes were located relative to local geographic\nreferences, coupled with the estimated position of the historic mine grid.\nLogan considers the hole collars to be within +/- 10 metres of the historic\nNoranda holes.\n\n\nThe differences in grade and width are not considered significant as\nthere are erratic and rapid variations in the amount of internal waste within\nthe massive magnetite mineralization. Logan's recently published resource\nestimate, based upon surface and underground drilling by Noranda, determined\nmeasured plus indicated mineral resources of approximately 7 million tonnes\ngrading 51.3% iron and inferred resources of approximately 18.6 million tonnes\ngrading 51.4% iron.\n\n\nThree drills are currently operating with 16 holes totaling approximately\n5200 metres still to be completed. The objective of these holes is to upgrade\nall or a portion of the current indicated and inferred resources to the\nmeasured and indicated resource categories respectively and to increase the\ninferred category at depth and along strike from the known mineralization.\n\n\nMr. Peter George, P.Geo., as a consultant to the Company, is the\nQualified Person for the project and is responsible for the content of this\npress release.\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--------------------------------\nSeam...

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