Iron Bear Resources (ASX:IBR) said the Mineral Lands Division of the Government of Newfoundland formally granted the exploration approvals for the phase one drilling program of its Iron Bear iron ore project in Canada, according to a Wednesday Australian bourse filing.
The planned drilling program includes 72 diamond drill holes for up to around 24,000 meters, and it was designed to further delineate and expand the current mineral resource, per the filing.