Sea Power Gord McKinnon Explains Canadian Orebodies’ Iron Ore Advantage Kevin Michael Grace
November 29, 2012 - Canadian Orebodies Inc V.CO announced November 12 the completion of the summer drill program at its Haig Inlet Iron Project on the Belcher Islands in Nunavut. Thirty-eight holes totaling 6,467 metres were drilled at four separate target areas: Haig West, Haig South, Haig North Extension and Kihl Bay.
On November 5, the company announced it had exercised its option to buy the remaining 75% of the Haig Inlet Iron Project by issuing 17.5 million shares. It also announced assay results from Haig Inlet. Highlights include
26.19% iron over 88.2 metres 28.48% iron over 56.8 metres 25.73% iron over 89 metres 28.93% iron over 55.9 metres 25.13% iron over 84.45 metres 27.28% iron over 52.8 metres 25.98% iron over 70.05 metres 25.05% iron over 46.7 metres