Canadian Orebodies Inc (CO)

[canucklehead80]

Sea Power
Gord McKinnon Explains Canadian Orebodies’ Iron Ore Advantage
Kevin Michael Grace

November 29, 2012 - Canadian Orebodies Inc V.CO announced November 12 the completion of the summer drill program at its Haig Inlet Iron Project on the Belcher Islands in Nunavut. Thirty-eight holes totaling 6,467 metres were drilled at four separate target areas: Haig West, Haig South, Haig North Extension and Kihl Bay.

On November 5, the company announced it had exercised its option to buy the remaining 75% of the Haig Inlet Iron Project by issuing 17.5 million shares. It also announced assay results from Haig Inlet. Highlights include

26.19% iron over 88.2 metres
28.48% iron over 56.8 metres
25.73% iron over 89 metres
28.93% iron over 55.9 metres
25.13% iron over 84.45 metres
27.28% iron over 52.8 metres
25.98% iron over 70.05 metres
25.05% iron over 46.7 metres

President/CEO Gordon McKinnon spoke to Kevin Michael Grace November 6, read it here. http://resourceswire.com/2012/11/sea-power/