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Press Release - Black Iron Inc. (BKI-TSXV)

The reason why Black Iron is such a compelling investment is that iron ore is all about moving large volumes of material at low cost, and in order to do that you need infrastructure, rail, port, and power to be specific. In our case we are only two kilometers away from the state-owned rail and power lines. We already have a letter from the government committing at least 10 million tonnes capacity on that rail that takes you down to one of five ports on the Black Sea that are within 140 kilometers... - Matthew Simpson (BKI) (Interview published May 6, 2011)

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Black Iron Reports Three Additional Twin Holes With Iron Grades Exceeding 32%

July 12, 2011


Investor Cubed is pleased to forward a news release issued by Black Iron (BKI - TSX) highlighting the following:

 

  • Assay Results from Three Additional Twin Holes at Shymanivske Continue to Confirm Iron Content and Align Well With Historic Reported Results
  • All Three Holes Intersected Thick Iron Bands With Iron Grades Exceeding 32%
  • Hole 21707-T Intersected 163 Meters Grading 33.4% Iron, Including 107 Meters Grading 34.8%
    • Highlights from the three additional twin holes are noted in the below news release

 

"Results from the twin hole program continue to validate the historical work completed on Shymanivske. Our twin hole assay results continue to align very well with past drilling logs for the Project, both in terms of iron grade and band length."

George Mover, Chief Operating Officer of Black Iron

 

 

If you have any questions or would like to meet with Black Iron's management team please contact Investor Cubed at 647 258 3311 or info@investor3.ca.     

 

FOR FURTHER INFORMATION PLEASE CONTACT:

Investor Relations

Investor Cubed

(647) 258-3311

Toll Free: 1 888 258-3323

OR

Matt Simpson

Black Iron Inc.

President & Chief Executive Officer

(416) 309-2138

info@blackiron.com

www.blackiron.com

 




    

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