Main Image
 
 
 
Overview

Overview


The Mayantoc prospect is an iron ore play, with additional potential...
The Market for Iron Ore

The Market for Iron Ore


he primary use of iron is for the production of steel. The two main...
Profile

Profile


The Mayantoc prospect is situated in 20 Km southwest of the town of...
Work Plan

Work Plan


The leaseholder of the Mayantoc prospect is Al Magan Mining...
China Impact

China's Impact on Iron Ore Mining


The iron ore market has rebounded strongly from the lows during the...

Important Fact

The Mayantoc prospect is an iron ore play, with additional potential for copper and gold resources.

Mayantoc Prospect

Overview

The Mayantoc prospect is an iron ore play, with additional potential for copper and gold resources. It is located in Nambalan, province of Tarlac in the Philippines.

Recent samples taken indicate iron ore concentrations generally above 60%, while gold assays ranged between 1 and 2.5 grams per metric ton. The most recent tests were conducted for iron ore bearing rock, and did not assay for copper. Previous exploration work conducted on the prospect was primarily interested in assessing the gold and copper potential of the area. Initial assays of rock chips and float chip samples found both metals at elevated levels as detailed further below.

A walk through the prospect area shows signs of iron in boulders and outcrops of rock in abundance. Pictured below are some of these showings that were encountered on a recent field trip.

Read Next Section »
Press Releases | Privacy Policy | Terms & Conditions | Site Index | Contact

© 2010 North Thunder Bay Mining Co. Ltd.