Arrowstar Resources has announced the identification of three large magnetite outcrops in the west of the 128 claims located about 40km northwest of Kangirsuk and 1,647km north of Montreal, Quebec.
The outcrops include shallow dipping granodiorites, and carbonates containing magnetite and hematite with 500m by 600m measure.
Following the completion of the samples assay, a ground based magnetic survey planned will be performed.
The chert-magnetite-hematite iron formation contains an altered magnetite mineral, specularite.
The general stratigraphic sequence comprises granite gneiss on meta-sedimentary rocks which is then overlapped with the granite gneiss in some areas is quartzite of the Ford Lake Formation.
About 25 samples which have been collected were recorded on the "Magnetite" Scale of a KT-10 Plus magnetitic susceptibility meter and were transferred for testing.
