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Back to Home » March 2011 News » Pacific Iron Ore Corporation Announces 2011 Exploration Plan for the Bugaboo Creek Iron Project |
Pacific Iron Ore Corporation Announces 2011 Exploration Plan for the Bugaboo Creek Iron Project |
March 09, 2011
CALGARY, ALBERTA--(Marketwire - March 9, 2011) - Pacific Iron Ore Corporation (TSX VENTURE:POC), announces that drilling activity on the Bugaboo Creek project is about to commence for the 2011 exploration season. The drilling activity will be focused on eleven (11) key sites identified by Wardrop Engineering Ltd., in its most recent engineering study and should cost approximately $500,000 to complete. The exploration efforts will continue to focus on the massive magnetite skarns found in the Bugaboo Creek area near Port Renfrew, B.C. In January 2011, Pacific Iron Ore Corporation announced an inferred resource of 14.3 million tonnes of approximately 60 percent magnetite.
Source URL: http://www.marketwire.com/mw/release.do?id=1408969&sourceType=3
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