Cuervo Resources Inc. (CNSX:FE,FWB:CRR) announced results of the latest hole drilled on the Bob 1 zone of its Cerro Ccopane Iron Project in south central Peru.
As quoted in the press release:
Laboratory results of the newly reported hole, designated BDH12-08, showed 185 meters grading 47.5% Fe. Other showings include: sulphur (S) 2.30%; phosphorous (P) 0.09%; manganese (M) 0.11%; and copper (Cu) 0.11%. BDH12-08 was drilled 50 meters East and 200 meters North of BDH12-01.
These latest results are similar to those of 7 previously reported holes in the central area of the Bob 1 zone, each evidencing a large (90 to 190 meter) intersection of magnetite mineralization.