
SIERRA IRON ORE CORP provided an update on the drill program on the El Creston property and the upcoming sampling and mapping program on the Tom Cat property in Merritt, BC.
The El Creston Property
The Company completed the construction on the access road to the El Veinte zone located within the El Creston property in May 2012. The completed access road was used by the company to mobilize the drilling equipment to further develop the known magnetite bodies identified by prior exploration. On September 5th, 2012 the Company announced the first set of results from the El Veinte zone which intersected significant iron bands grading 30% iron ore or greater. The initial assay results of the six holes are highlighted by more than 66 meters of 30% iron or better including more than 33 meters of 45% iron or better.
The Tom Cat property
The Tom Cat property is located 200 kilometres east northeast of Vancouver and within the historic Aspen Grove copper camp. The property is comprised of eight contiguous mineral claims covering an area of 3,142 hectares. The Tom Cat property is also neighbors to the Big Kidd property that was recently optioned by Xstrata.
The Company expects to commence a program to collect samples and mapping in the coming few months.
Source - community.nasdaq.com
(www.steelguru.com)





