Cape Lambert Iron Ore Announces Resource Statement for Cape Lambert Iron Ore Project

Cape Lambert Iron Ore Announces Resource Statement for Cape Lambert Iron Ore Project

Cape Lambert Iron Ore announced a mineral resource estimate for the Central Target Area at its Cape Lambert iron ore project, located in the Pilbara region, WA. The Mineral Resource Estimate is 977Mt @ 32.4% Fe, 39.6% SiO2, 1.76% Al2O3, 0.024% P, 0.11% S and 5.98% LOI. The company added that it has commenced independent verification of the resource estimate, and is expected to complete this process prior to the shareholders meeting set down for 16 July 2007.

Original Announcement: Resource Statement

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