NORTHERN ONTARIO RANDSBURG INTERNATIONAL GOLD CORP. of Toronto has cut major drill intersections of iron and titanium from its 100%-owned Flett Township project. The property covers 3,000 hectares approximately 70 km north of North Bay.
Hole RA 1-04, drilled on the southern portion of an EM anomaly in the eastern portion of the property, returned an average grade of 13.37% TiO2 from surface to 170 metres. It also assayed an average of 44.48% Fe2O3, for an average iron content of 31.09%. A second nearby hole has returned partial assays similar to those from RA 1-04.
Randsburg has two active exploration projects in Ontario, one in Flett Township and the other in McClintock Township. They are being evaluated for their nickel, copper, PGM and other potential. The company is also active in diamond exploration in Brazil at its Victory Strike project. More about its plans is available at www.RandsburgDiamonds.com.