Baffinland Iron Mines Corp today udpated investors on 2009 drilling plans and a general corporate update, including an update on the bulk sample sent to European customers.

Gordon McCreary, President and CEO is quoted saying:

As we emerge from January as a leaner organization with an approved and fully funded budget for 2009, we remain focused on achieving strategic partnering in a meaningful time frame to allow us to ramp up our activity level as soon as possible. The global economic crisis has delayed this process but in the interim, we will continue to enhance the value of our world-class project.

For the complete press release, click here ^[1].