Lac Lamalee

Highly prospective exploration company

Resource projects cover more than 1,713 km2 in three provinces at various stages, including the following: hematite magnetite iron formations, titaniferous magnetite & hematite, nickel/copper/PGM, chromite, Volcanogenic Massive and gold.

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the deputy

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Lac Lamalee

posted on Mar 19, 2011 08:04PM

Was just doing a little DD and found an interesting little tidbit. I don't read the messages on this board every day but I don't remember this topic being discussed before. Was looking at a map of Fancamps Lac Lamalee holding and by the looks of what is shown I would expect at least 700 million tons grading 30% iron ore. I make this assumption on values given two surrounding finds held by Consolidated Thompson (CLM-T). Now the interesting thing is that Cliffs it seems has quite recently aquired all the shares of Consolidated Thompson. Nice combo considering their recent aquisitions in the McFaulds Lake area for the chromite. Lots of stainless will get produced and Fancamp is in the middle of it all. Hold tight folks. We will soar as things move slowly forward.