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Content preview: IAB Newsletter To Resource Report TSX-V CO [...] Content analysis details: (4.1 points, 5.0 required) pts rule name description ---- ---------------------- -------------------------------------------------- 2.4 DATE_IN_FUTURE_03_06 Date: is 3 to 6 hours after Received: date 0.9 SPF_FAIL SPF: sender does not match SPF record (fail) [SPF failed: Please see http://www.openspf.org/Why?s=mfrom;id=bounce5960.227785%40canadianresourcetv.com;ip=199.59.62.58;r=stodi.digitalkingdom.org] 0.0 SPF_HELO_FAIL SPF: HELO does not match SPF record (fail) [SPF failed: Please see http://www.openspf.org/Why?s=helo;id=canadianresourcetv.com;ip=199.59.62.58;r=stodi.digitalkingdom.org] 0.0 URIBL_SC_SURBL Contains an URL listed in the SC SURBL blocklist [URIs: mscnewswire.com] 0.7 HTML_TAG_BALANCE_BODY BODY: HTML has unbalanced "body" tags 0.0 HTML_MESSAGE BODY: HTML included in message 0.0 LOTS_OF_MONEY Huge... sums of money This is a multi-part message in MIME format --=_Part_268280_380460901.4347678650073 Content-Type: text/plain Content-Transfer-Encoding: 7bit IAB Newsletter To Resource Report TSX-V CO YAHOO http://finance.yahoo.com/q?s=CO.V"> MANAGEMENT TEAM http://www.canadianorebodies.com/s/Management.asp PRESENTATIONS http://www.canadianorebodies.com/s/Presentations.asp http://ir.stockpr.com/isignmedia/financials QWIK REPORT http://www.canadianorebodies.com/s/QwikReport.asp HOME http://www.canadianorebodies.com/s/Home.asp RECENT HIGH $0.22 Canadian Orebodies Exercises Haig Inlet Option to Acquire 100% Interest in Haig Inlet Iron Project & Announces Increased Widths on Haig West Drill Results ------------------------- TORONTO, November 5, 2012 -- Canadian Orebodies Inc. (TSXV: CO) ("Orebodies" or "the Company") is pleased to announce that is has exercised the balance of its option to acquire a 100% ownership interest in the Haig Inlet Iron Project by issuing 17,500,000 shares to the optionors to acquire the remaining 75% interest under the Haig Inlet Option. Orebodies first acquired an interest pursuant to the Haig Inlet Option on June 15, 2011 and further increased its interest. "Our excellent drill results last year combined with advancements in our technical knowledge of the Haig Inlet Deposit over the course of this year warranted the Company to take action," said Gordon McKinnon, President & CEO of Canadian Orebodies. "We believe there is vast potential in the Belcher Islands and considered it prudent to cement our position by exercising the option and making the Haig Inlet Iron Project wholly owned by Canadian Orebodies." Canadian Orebodies is also pleased to announce that additional assay results from this year's drill program have been received. Drill holes 06, 11, 13B, and 14 were previously reported on October 10, 2012 but additional sampling has led to an increase in the width of the zone. The expanded intervals of iron mineralization are presented below. HOLE ID FROM (M) TO (M) INTERVAL (M) TOTAL FE (%) TARGET AREA CO-12-06 87.65 146.00 58.35 27.34 Kihl Bay incl. 89.65 105.90 16.25 32.03 CO-12-11 28.20 78.20 50.00 23.78 Kihl Bay CO-12-13B 47.60 135.80 88.20 26.19 Haig West incl. 52.00 78.30 26.30 30.27 and 178.45 235.25 56.80 28.48 incl. 178.45 198.30 19.85 33.82 CO-12-14 10.30 99.30 89.00 25.73 Haig West and 125.90 181.80 55.90 28.93 incl. 125.90 142.05 16.15 35.93 CO-12-12 36.40 120.85 84.45 25.13 Haig West incl. 44.00 62.00 18.00 31.48 and 144.85 197.65 52.80 27.28 incl. 144.85 158.85 14.00 32.87 CO-12-16 91.10 161.15 70.05 25.98 Haig West and 203.00 249.70 46.70 25.05 CO-12-07 73.00 133.65 60.65 24.00 Haig North A map of the holes planned for the 2012 program is available on Canadian Orebodies' website at: http://www.canadianorebodies.com/i/maps/HaigInlet/2012DrillPlan-Oct10.pdf http://www.canadianorebodies.com/i/maps/HaigInlet/2012DrillPlan-Oct10.pdf "We are pleased to have significantly increased the widths of the previously announced zones at Haig West and Kihl Bay through additional sampling. We are also quite enthusiastic about the additional assays we have received that proves the enriched zone at Haig west continues along strike," said Gordon McKinnon, President & CEO of Canadian Orebodies. "It is exciting to see such encouraging widespread results from our first two sets of assays from this year's program and we look forward to releasing the remaining assays as they become available." Belcher Islands Advantage -- Direct Ocean Shipping Potential and No Rail Required Canadian Orebodies believes that the Haig Inlet Project's biggest advantage is its island location. Located adjacent to tidewater in Hudson Bay, the project benefits from the possibility of direct ocean shipping to global markets. The ability to ship via ocean freighter without using rail could be a major cost advantage on both the initial capital and operating expenses when compared to land locked projects. Quality Assurance, Quality Control and Qualified Person All drilling samples have been prepared and analyzed by SGS Minerals Services ("SGS"), which is independent of Orebodies. Sample preparation and analyses were performed at the SGS laboratories based in Garson, Ontario and Lakefield, Ontario respectively. The samples were analyzed by XRF. A thorough QA/QC program is in place which includes the submission by Orebodies of systematic standards samples within every sample batch submitted to SGS. In addition, SGS inserts its own duplicate samples. The results from these control samples indicate acceptable consistency of analysis. This press release has been prepared under the supervision of Mr. George Wahl (P.Geo.), who is an independent consultant to the Company and a "qualified person" (as such term is defined in National Instrument 43-101). Mr. Wahl has verified the technical data disclosed in this press release. About Canadian Orebodies Inc. Canadian Orebodies is a Canadian-based mineral exploration company with a portfolio of properties in Nunavut and Ontario. Canadian Orebodies' primary focus is on advancing and developing its Haig Inlet Iron Ore Project, located on the Belcher Islands in Nunavut. The Haig Inlet Iron Project is host to an indicated iron ore resource of 230 million tonnes at 35.17% Fe and an additional inferred resource of 289 million tonnes at 35.47% Fe. Canadian Orebodies trades on the TSXV under the symbol "CO". For more information please visit www.canadianorebodies.com or contact: Gordon McKinnon, President & CEO Canadian Orebodies Inc. (705) 268-9000 Jason Monaco (jmonaco@firstcanadiancapital.com) Jamie Frawley (jfrawley@firstcanadiancapital.com) Investor Relations First Canadian Capital Corp. (416) 742-5600 Forward-Looking Information This press release contains certain "forward-looking statements". All statements, other than statements of historical fact, that address activities, events or developments that the Company believes, expects or anticipates will or may occur in the future (including, without limitation, statements relating to mineral resources, potential mineralization, exploration results and the Company's plans with respect to the exploration and development of the Properties) are forward-looking statements. These forward-looking statements reflect the current expectations or beliefs of the Company based on information currently available to the Company. Forward-looking statements are subject to a number of risks and uncertainties that may cause the actual results of the Company to differ materially from those discussed in the forward-looking statements, and even if such actual results are realized or substantially realized, there can be no assurance that they will have the expected consequences to, or effects on the Company. Factors that could cause actual results or events to differ materially from current expectations include, among other things, changes in commodity prices, changes in equity markets, failure to establish mineral resources, changes to regulations affecting the Company's activities, delays in obtaining or failures to obtain required regulatory approvals, uncertainties relating to the availability and costs of financing needed in the future, the uncertainties involved in interpreting drilling results and other ecological data, and the other risks involved in the mineral exploration and development industry. Any forward-looking statement speaks only as of the date on which it is made and, except as may be required by applicable securities laws, the Company disclaims any intent or obligation to update any forward-looking statement, whether as a result of new information, future events or results or otherwise. Although the Company believes that the assumptions inherent in the forward-looking statements are reasonable, forward-looking statements are not guarantees of future performance and accordingly undue reliance should not be put on such statements due to the inherent uncertainty therein. News Releases are added to our web site immediately upon release to the general public. If you would like to receive news releases via e-mail or fax, please fill out our Request More Info http://www.canadianorebodies.com/s/InformationRequest.asp form. ALL NEWS http://www.canadianorebodies.com/s/NewsReleases.asp November 05, 2012 http://www.canadianorebodies.com/s/NewsReleases.asp?ReportID=556118 Canadian Orebodies Exercises Haig Inlet Option to Acquire 100% Interest in Haig Inlet Iron Project & Announces Increased Widths on Haig West Drill Results October 10, 2012 http://www.canadianorebodies.com/s/NewsReleases.asp?ReportID=551849 Canadian Orebodies Drills 55.9m of 28.9% Fe at Haig West including 16.2m of 35.9% Fe September 20, 2012 http://www.canadianorebodies.com/s/NewsReleases.asp?ReportID=548832 Canadian Orebodies Confirms Presence of Magnetite and Increases Land Position on Belcher Islands August 24, 2012 http://www.canadianorebodies.com/s/NewsReleases.asp?ReportID=545455 Canadian Orebodies Closes Final Tranche of Non-brokered Private Placement August 03, 2012 http://www.canadianorebodies.com/s/NewsReleases.asp?ReportID=542412 Canadian Orebodies Issues Corporate Update July 30, 2012 http://www.canadianorebodies.com/s/NewsReleases.asp?ReportID=539900 Canadian Orebodies Extends Non-Brokered Private Placement June 28, 2012 http://www.canadianorebodies.com/s/NewsReleases.asp?ReportID=534824 Canadian Orebodies Closes $3.0M First Tranche of Non-brokered Private Placement June 19, 2012 http://www.canadianorebodies.com/s/NewsReleases.asp?ReportID=531686 Canadian Orebodies Announces Non-Brokered Private Placement June 13, 2012 http://www.canadianorebodies.com/s/NewsReleases.asp?ReportID=530671 Canadian Orebodies Commences Drilling Program on the Belcher Islands May 17, 2012 http://www.canadianorebodies.com/s/NewsReleases.asp?ReportID=525744 eResearch Issues Initiating Report on Canadian Orebodies Inc. May 15, 2012 http://www.canadianorebodies.com/s/NewsReleases.asp?ReportID=524768 Canadian Orebodies Announces 2012 Exploration Program on the Belcher Islands April 24, 2012 http://www.canadianorebodies.com/s/NewsReleases.asp?ReportID=520325 Canadian Orebodies Announces Proposed Spin-Out of Non Iron Ore Assets April 09, 2012 http://www.canadianorebodies.com/s/NewsReleases.asp?ReportID=517620 Canadian Orebodies Engages First Canadian Capital Corp for Investor Relations and Grant of Options March 20, 2012 http://www.canadianorebodies.com/s/NewsReleases.asp?ReportID=513469 Canadian Orebodies Files NI 43-101 Technical Report on the Haig Inlet Iron Ore Project February 06, 2012 http://www.canadianorebodies.com/s/NewsReleases.asp?ReportID=505557 Canadian Orebodies Announces Initial NI 43-101 Iron Resource Estimate for Haig Inlet January 05, 2012 http://www.canadianorebodies.com/s/NewsReleases.asp?ReportID=499643 Canadian Orebodies Announces Final Set of Drill Results from Haig Inlet Iron Ore Project November 18, 2011 http://www.canadianorebodies.com/s/NewsReleases.asp?ReportID=519360 Canadian Orebodies Closes First Tranche of Non-Brokered Private Placement November 08, 2011 http://www.canadianorebodies.com/s/NewsReleases.asp?ReportID=519359 Canadian Orebodies Announces Non-Brokered Private Placement November 07, 2011 http://www.canadianorebodies.com/s/NewsReleases.asp?ReportID=489419 Canadian Orebodies Announces Fourth Set of Drill Results from Haig Inlet Iron Ore Project October 31, 2011 http://www.canadianorebodies.com/s/NewsReleases.asp?ReportID=487842 Canadian Orebodies Stakes New Iron Property Near Haig Inlet Iron Ore Project Previous. 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RECENT HIGH $0.22


Canadian Orebodies Exercises Haig Inlet Option to Acquire 100% Interest in Haig Inlet Iron Project & Announces Increased Widths on Haig West Drill Results
TORONTO, November 5, 2012 -- Canadian Orebodies Inc. (TSXV: CO) ("Orebodies" or "the Company") is pleased to announce that is has exercised the balance of its option to acquire a 100% ownership interest in the Haig Inlet Iron Project by issuing 17,500,000 shares to the optionors to acquire the remaining 75% interest under the Haig Inlet Option. Orebodies first acquired an interest pursuant to the Haig Inlet Option on June 15, 2011 and further increased its interest.

"Our excellent drill results last year combined with advancements in our technical knowledge of the Haig Inlet Deposit over the course of this year warranted the Company to take action," said Gordon McKinnon, President & CEO of Canadian Orebodies. "We believe there is vast potential in the Belcher Islands and considered it prudent to cement our position by exercising the option and making the Haig Inlet Iron Project wholly owned by Canadian Orebodies."

Canadian Orebodies is also pleased to announce that additional assay results from this year's drill program have been received. Drill holes 06, 11, 13B, and 14 were previously reported on October 10, 2012 but additional sampling has led to an increase in the width of the zone. The expanded intervals of iron mineralization are presented below.

Hole ID From (m) To (m) Interval (m) Total Fe (%) Target Area
CO-12-06 87.65 146.00 58.35 27.34 Kihl Bay
incl. 89.65 105.90 16.25 32.03
CO-12-11 28.20 78.20 50.00 23.78 Kihl Bay
CO-12-13B 47.60 135.80 88.20 26.19 Haig West
incl. 52.00 78.30 26.30 30.27
and 178.45 235.25 56.80 28.48
incl. 178.45 198.30 19.85 33.82
CO-12-14 10.30 99.30 89.00 25.73 Haig West
and 125.90 181.80 55.90 28.93
incl. 125.90 142.05 16.15 35.93
CO-12-12 36.40 120.85 84.45 25.13 Haig West
incl. 44.00 62.00 18.00 31.48
and 144.85 197.65 52.80 27.28
incl. 144.85 158.85 14.00 32.87
CO-12-16 91.10 161.15 70.05 25.98 Haig West
and 203.00 249.70 46.70 25.05
CO-12-07 73.00 133.65 60.65 24.00 Haig North


A map of the holes planned for the 2012 program is available on Canadian Orebodies' website at: http://www.canadianorebodies.com/i/maps/HaigInlet/2012DrillPlan-Oct10.pdf

"We are pleased to have significantly increased the widths of the previously announced zones at Haig West and Kihl Bay through additional sampling. We are also quite enthusiastic about the additional assays we have received that proves the enriched zone at Haig west continues along strike," said Gordon McKinnon, President & CEO of Canadian Orebodies. "It is exciting to see such encouraging widespread results from our first two sets of assays from this year's program and we look forward to releasing the remaining assays as they become available."

Belcher Islands Advantage -- Direct Ocean Shipping Potential and No Rail Required

Canadian Orebodies believes that the Haig Inlet Project's biggest advantage is its island location. Located adjacent to tidewater in Hudson Bay, the project benefits from the possibility of direct ocean shipping to global markets. The ability to ship via ocean freighter without using rail could be a major cost advantage on both the initial capital and operating expenses when compared to land locked projects.

Quality Assurance, Quality Control and Qualified Person

All drilling samples have been prepared and analyzed by SGS Minerals Services ("SGS"), which is independent of Orebodies. Sample preparation and analyses were performed at the SGS laboratories based in Garson, Ontario and Lakefield, Ontario respectively. The samples were analyzed by XRF.

A thorough QA/QC program is in place which includes the submission by Orebodies of systematic standards samples within every sample batch submitted to SGS. In addition, SGS inserts its own duplicate samples. The results from these control samples indicate acceptable consistency of analysis.

This press release has been prepared under the supervision of Mr. George Wahl (P.Geo.), who is an independent consultant to the Company and a "qualified person" (as such term is defined in National Instrument 43-101). Mr. Wahl has verified the technical data disclosed in this press release.

About Canadian Orebodies Inc.

Canadian Orebodies is a Canadian-based mineral exploration company with a portfolio of properties in Nunavut and Ontario. Canadian Orebodies' primary focus is on advancing and developing its Haig Inlet Iron Ore Project, located on the Belcher Islands in Nunavut. The Haig Inlet Iron Project is host to an indicated iron ore resource of 230 million tonnes at 35.17% Fe and an additional inferred resource of 289 million tonnes at 35.47% Fe. Canadian Orebodies trades on the TSXV under the symbol "CO".

For more information please visit www.canadianorebodies.com or contact:

Gordon McKinnon, President & CEO
Canadian Orebodies Inc.
(705) 268-9000

Jason Monaco (jmonaco@firstcanadiancapital.com)
Jamie Frawley (jfrawley@firstcanadiancapital.com)
Investor Relations
First Canadian Capital Corp.
(416) 742-5600

Forward-Looking Information

This press release contains certain "forward-looking statements". All statements, other than statements of historical fact, that address activities, events or developments that the Company believes, expects or anticipates will or may occur in the future (including, without limitation, statements relating to mineral resources, potential mineralization, exploration results and the Company's plans with respect to the exploration and development of the Properties) are forward-looking statements. These forward-looking statements reflect the current expectations or beliefs of the Company based on information currently available to the Company. Forward-looking statements are subject to a number of risks and uncertainties that may cause the actual results of the Company to differ materially from those discussed in the forward-looking statements, and even if such actual results are realized or substantially realized, there can be no assurance that they will have the expected consequences to, or effects on the Company. Factors that could cause actual results or events to differ materially from current expectations include, among other things, changes in commodity prices, changes in equity markets, failure to establish mineral resources, changes to regulations affecting the Company's activities, delays in obtaining or failures to obtain required regulatory approvals, uncertainties relating to the availability and costs of financing needed in the future, the uncertainties involved in interpreting drilling results and other ecological data, and the other risks involved in the mineral exploration and development industry. Any forward-looking statement speaks only as of the date on which it is made and, except as may be required by applicable securities laws, the Company disclaims any intent or obligation to update any forward-looking statement, whether as a result of new information, future events or results or otherwise. Although the Company believes that the assumptions inherent in the forward-looking statements are reasonable, forward-looking statements are not guarantees of future performance and accordingly undue reliance should not be put on such statements due to the inherent uncertainty therein.

News Releases are added to our web site immediately upon release to the general public. If you would like to receive news releases via e-mail or fax, please fill out our Request More Info form.

ALL NEWS
November 05, 2012 Canadian Orebodies Exercises Haig Inlet Option to Acquire 100% Interest in Haig Inlet Iron Project & Announces Increased Widths on Haig West Drill Results
October 10, 2012 Canadian Orebodies Drills 55.9m of 28.9% Fe at Haig West including 16.2m of 35.9% Fe
September 20, 2012 Canadian Orebodies Confirms Presence of Magnetite and Increases Land Position on Belcher Islands
August 24, 2012 Canadian Orebodies Closes Final Tranche of Non-brokered Private Placement
August 03, 2012 Canadian Orebodies Issues Corporate Update
July 30, 2012 Canadian Orebodies Extends Non-Brokered Private Placement
June 28, 2012 Canadian Orebodies Closes $3.0M First Tranche of Non-brokered Private Placement
June 19, 2012 Canadian Orebodies Announces Non-Brokered Private Placement
June 13, 2012 Canadian Orebodies Commences Drilling Program on the Belcher Islands
May 17, 2012 eResearch Issues Initiating Report on Canadian Orebodies Inc.
May 15, 2012 Canadian Orebodies Announces 2012 Exploration Program on the Belcher Islands
April 24, 2012 Canadian Orebodies Announces Proposed Spin-Out of Non Iron Ore Assets
April 09, 2012 Canadian Orebodies Engages First Canadian Capital Corp for Investor Relations and Grant of Options
March 20, 2012 Canadian Orebodies Files NI 43-101 Technical Report on the Haig Inlet Iron Ore Project
February 06, 2012 Canadian Orebodies Announces Initial NI 43-101 Iron Resource Estimate for Haig Inlet
January 05, 2012 Canadian Orebodies Announces Final Set of Drill Results from Haig Inlet Iron Ore Project
November 18, 2011 Canadian Orebodies Closes First Tranche of Non-Brokered Private Placement
November 08, 2011 Canadian Orebodies Announces Non-Brokered Private Placement
November 07, 2011 Canadian Orebodies Announces Fourth Set of Drill Results from Haig Inlet Iron Ore Project
October 31, 2011 Canadian Orebodies Stakes New Iron Property Near Haig Inlet Iron Ore Project

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The Information in this Breaking News Report .  is A PAID ADVERTISEMENT and is for the viewers information only.  The company has agreed to pay a fee  to have this corporate information featured. The corporate information is purely and solely the responsibility of and it is neither commented upon, researched, or in any manner the responsibility of Stonebridge Holdings Publishing, Inc whose only function is as a supplier of media facilities. Any information provided by the advertisers of Stonebridge Holdings Publishing, Inc., through its media services, is not to be construed as a recommendation or suggestion or offer to buy or sell securities, but is provided purely as an informational media service. Stonebridge Holdings Publishing , Inc makes no warranties or undertakings as to the accuracy or completeness of this information. All due diligence should be done by the reader or their financial advisor. Investing in securities is speculative and carries risk. Persons who wish to buy or sell securities should only do so in consultation with their registered securities advisers.
 

  




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