Projects Overview

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Block 103
7,275 hectares, located 30km northwest of the mining town of Schefferville, Quebec, Canada. Block 103 is on strike to Tata Steel/New Millennium "NML" magnetite deposits of KeMag & LabMag, which have a combined Resource of over 8 billion tonnes.  Block 103 hosts an initial NI 43-101 inferred resource of 7.2 billion tonnes at 29.2% total iron. Mineral resources which are not mineral reserves, do not have demonstrated economic viability.

Lac Connelly
3,720 hectares 250km North of Schefferville, near WISCO/Adriana planned  iron ore operation and the proposed “Plan Nord” railway. 2011 field visits identified two hematite horizons 2.5km by 30m and 1.2km by 50m with ~40�. Further beneficiating test work is required.

Snelgrove
8,100 hectares 50km South of Schefferville. Historical reports indicate iron ore.  Adjacent property is reported to have extensive hematite occurrences >60�.