Ridgemont Iron Ore has begun drilling at the Redford Iron Ore Property in Vancouver Island, British Columbia. This program will include 13,000 m of diamond drilling, reconnaissance program and forceful ground geophysics to define a NI 43-101 compliant resource this fall and describe new iron ore target areas.
This Redford Property hosts the previously producing Brynnor iron deposit. In 1960, Noranda Exploration has explored the near surface iron ore body and returned 4,480,940 t with 56% iron. In 1968, the mine was blocked at the end of the concentrate sales agreement with the Japanese steel makers but the ore body in the underground area was not at all excavated. The drilling program will be conducted inside and outside of the Brynnor pit to analyze the ore body in the underground expansion. Cabo Drilling will execute this program and will take around five months to finish it. The purpose of the program is to define the primary NI 43-101 iron ore resource.
Ridgemont has finished the airborne gravity and magnetic survey in 2010 and delineate the further surface targets. Ground work will be performed in these target areas and will upgrade the targets for the upcoming drilling.
Source: http://www.ridgemontiron.com/