Leederville-based iron ore company Cape Lambert Iron Ore Ltd has issued 600,000 shares and made an option payment of $200,000 to Wickham-based Norwest Sand & Gravel for three potential iron ore tenements.

Leederville-based iron ore company Cape Lambert Iron Ore Ltd has issued 600,000 shares and made an option payment of $200,000 to Wickham-based Norwest Sand & Gravel for three potential iron ore tenements.