Australian mineral investment company Cape Lambert Resources has announced the results from regional exploration completed at its Sandenia Iron Ore Project in the Republic of Guinea, West Africa.
Accordingly, seven exploration targets prospective for weathered and fresh banded iron formation (BIF) were identified at the Sandenia Iron Ore Project, while regional mapping and sampling has confirmed in-situ iron grades of up to 48.5 percent Fe at surface. The aggregate strike length of the seven new targets is more than 20 km.
The BIF targets identified at Sandenia are similar to the Kalia I and II deposits located approximately 15km to the north where AIM-listed owner Bellzone Mining has identified a 3.7 billion mt iron ore resource and is undertaking a feasibility study.
Cape Lambert Resources said that prospect mapping at Sandenia will commence in the June 2011 quarter followed by drilling of priority targets.