Ironstone Resources CEO Barry Caplan Outlines the Clear Hills Development Strategy on Midas Letter Money
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Ironstone Resources (Private) CEO Barry Caplan describes the billion tonne (historic) Clear Hills iron-vanadium project in northwestern Alberta on Midas Letter Money . The company has raised $25 million thus far and spent $10 million on drilling.
The company plans to produce a high value iron ore concentrate (95%+) for sale in the secondary market, and vanadium pentoxide for strengthening steel and for use in next generation batteries.
About Ironstone Resources Ltd.
Established in 2007, Ironstone Resources Ltd., a private corporation, has over 225 shareholders sharing a common vision of strategic resource asset acquisition and development. The company currently has over 500,000 acres of poly-metallic properties in Alberta and Ontario in various phases of development. Ironstone is currently in active development of its world-class Clear Hills iron and vanadium deposit, with a focused program featuring drilling and resource assessment, direct reduced iron process development and vanadium extraction and concentration optimization.
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