September 20, 2021
Vancouver, British Columbia – TheNewswire – September 20, 2021 – Manning Ventures Inc. (the “Company” or “Manning”) (CSE:MANN) (CNSX:MANN.CN) (Frankfurt: 1H5) is pleased to announce that it has finalized drill targets at three of its 100%-owned Iron Ore projects, located in the Wabush-Fermont Iron Ore District, Quebec, Canada.
As previously announced in a Company news release (June 29, 2021), the Phase 1 program successfully confirmed the analytical results of iron-formation at the Company’s Lac Simone, Hope Lake, and Broken Lake properties. 14 outcrop samples returned results of greater than 30% Fe (total).
Permitting is underway and drilling is expected to commence later this year, subject to permit approvals and community consultations. Drilling will test the thickness of iron formation, where positive surface sampling results have been obtained, and magnetic surveys have indications of thicker accumulations of iron-formation. The company expects to complete between five to eight drill holes on the highest priority target areas.
“We’re eager to begin to drill test the numerous targets on our properties,” said CEO, Alex Klenman. “We look forward to obtaining important information to progress the development of our iron-ore assets.” continued Mr. Klenman.
More information on the drill program will be released in the comings weeks.