03:40 PM EST - Oceanic Iron Ore Corp. : announced that it has received the results of its previously announced pot grate test work program performed by Coleraine Minerals Research Laboratory on iron concentrates produced from the Company's Hopes Advance project. The Study concludes that, with the addition of limestone and dolomite, concentrates from the Company's Hopes Advance project are capable of being transformed into high quality pellets, with very low deleterious elements and compressive strengths of up to 638 lbs. and swelling of 10.6%. Oceanic Iron Ore Corp.
shares V.FEO are trading down $0.005 at $0.09.
