Sierra Iron Ore options 92% of Ontario Fe claim
SIERRA ACQUIRES MINERALS RIGHTS TO EMO ACREAGE Sierra Iron Ore Corp. has executed an option agreement, dated May 26, 2015, with Emerald Lake Development Corp., which will entitle the company to earn up to 92 per cent of all mineral rights on claim No. 4271029 located about six miles north of Emo, Ont., an area of about 158 acres, subject to a 3-per-cent net-smelter-return royalty. The property hosts a large double-folded, double-plunging elliptical east-west-striking banded iron formation which...
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