Posted in | News | Iron Ore | Mining Business

Zone Resources Signs Diamond Drilling Contract for Labrador Trough Iron Properties

Zone Resources has entered into a diamond drilling contract to conduct drilling at its Nunavik district, Northern Quebec-based Labrador Trough iron properties.

The property is located northwest of the Lac Otelnuk project of Adriana Resources, for which $120 M was paid by Wuhan Iron and Steel for a 60% interest, and Kemag and Labmag projects of New Millennium, that had signed an optional contract with Tata Steel for a $4.9 B development project including the 750 km slurry pipeline construction.

The Quebec government has recently granted the drilling permit and the company has signed a drilling agreement with Discovery Diamond Drilling, which has wide drilling experience under Arctic type of climate. The company conducted winter drilling program at the present Zone properties during 1950 and confirmed that the drilling can be executed throughout the year. Zone is expecting to begin the diamond drilling program in the month of August this year.

The company is scheduling for an aggressive summer exploration campaign to assess significant iron-ore zones at the properties and to additionally explore new targets that are being identified by geophysical surveys.

Source: http://www.zone-resources.com/

Joel Scanlon

Written by

Joel Scanlon

Joel emigrated to Australia in 1995 and worked for five years in the mining industry as an exploration geotechnician, using GIS mapping and CAD software. Upon moving to the North Coast of NSW, Australia Joel worked as a graphic designer for a leading consultancy firm. After that, he ran a successful business providing web services to businesses along the eastern seaboard of Australia. During this time, he developed and launched News-Medical.Net. Joel has been working with AZoNetwork since the company was founded in 2000.

Citations

Please use one of the following formats to cite this article in your essay, paper or report:

  • APA

    Scanlon, Joel. (2019, February 18). Zone Resources Signs Diamond Drilling Contract for Labrador Trough Iron Properties. AZoMining. Retrieved on August 10, 2022 from https://www.azomining.com/News.aspx?newsID=4468.

  • MLA

    Scanlon, Joel. "Zone Resources Signs Diamond Drilling Contract for Labrador Trough Iron Properties". AZoMining. 10 August 2022. <https://www.azomining.com/News.aspx?newsID=4468>.

  • Chicago

    Scanlon, Joel. "Zone Resources Signs Diamond Drilling Contract for Labrador Trough Iron Properties". AZoMining. https://www.azomining.com/News.aspx?newsID=4468. (accessed August 10, 2022).

  • Harvard

    Scanlon, Joel. 2019. Zone Resources Signs Diamond Drilling Contract for Labrador Trough Iron Properties. AZoMining, viewed 10 August 2022, https://www.azomining.com/News.aspx?newsID=4468.

Tell Us What You Think

Do you have a review, update or anything you would like to add to this news story?

Leave your feedback
Your comment type
Submit