CFE 0.00% 0.4¢ cape lambert resources limited

just got this ifrom email

  1. 15,782 Posts.
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    TONIGHT'S EMAIL IS SPONSORED BY CAPE LAMBERT ORE LIMITED.

    Iron ore exploration and development company, Cape Lambert Iron Ore Limited has announced a substantial increase in the mineral resource estimate for its 100% owned Cape Lambert Iron Ore project located in the Pilbara region, Western Australia.

    The upgraded resource estimate of 1.56 billion tonnes grading 31.2% Fe represents a 59% increase from the Indicated and Inferred resource of 977 million tonnes grading 32.4% Fe announced in June 2007.

    Highlights:

    . Upgraded resource estimate of 1.56 billion tonnes grading 31.2% Fe equating to a 59% increase in resource tonnage.

    . Upgraded resource estimate includes assays from 65 RC drill holes out of a total of 88 completed in the aggressive 2007 drilling program.

    . Approximately 63% or 979 million tonnes is classified at the higher confidence category of Indicated.


    Cheers
 
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