UPDATE: Canadian Orebodies' At Six-Month High; Most Active on TSXV Canadian Orebodies Announces Initial NI 43-101 Iron Resource Estimate for Haig Inlet

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Canadian Orebodies Inc. (CO.V) is up 21.43% late morning, with shares trading at 34 cents. The shares are at a six-month high.

The company yesterday reported the results of the initial independent National Instrument ( NI ) 43-101 Mineral Resource estimate. Using information from the 2011 drill program on the Haig Inlet Iron Ore Project, located on the Belcher Islands in Nunavut, Canada, the estimate indicated iron ore resource of 230 million tonnes at 35.17% iron and an additional inferred resource of 289 million tonnes at 35.47%.




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This article appears in: Investing , Commodities

Referenced Stocks: NI

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