LABRADOR IRON MINES HOLDINGS LIMITED

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Type: Public
Classification: Track

Stock Quote: TSX:LIM

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111 RICHMOND STREET WEST SUITE 1002
TORONTO
Ontario
Canada, M5H 2G4
Phone: +1 416 362-6686
Fax: +1 416 362-6686

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Company Summary

Labrador Iron Mines Holdings Limited through its wholly owned subsidiary Labrador Iron Mines Limited (LIM) has acquired interests in mineral claims and mineral licenses containing an estimated 100 million tons of high grade iron ore in northwestern Labrador that was formerly part of the iron ore reserves and resources established by the Iron Ore Company of Canada (IOCC) prior to the closure of its direct shipping operations in the Schefferville area.

Company News

Thursday, November 12, 2009

Property: REDMOND

Labrador Iron Mines Holdings reported independent resource estimates, prepared in accordance with NI 43-101, for its 100% owned James, Redmond 2B and Redmond 5 deposits, which comprise the first stage of targeted production at LIM’s direct shipping iron ore project located in Western Labrador, near the town of Schefferville, Quebec, Canada. The new resource estimates total 11.0 million tonnes at a grade of 57.4% iron in the indicated category.

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