Labrador Iron Mines Holdings Limited reported the filing of a Technical Report addressing the ongoing exploration and development of its DSO iron ore projects on its various deposits in Western Labrador and North Eastern Quebec, Canada.
Labrador Iron Mines Holdings Limited provided an update year-end report on progress at the Company’s wholly-owned direct shipping (DSO) iron ore Project in western Labrador, near the town of Schefferville, Canada. Development activities at the mine have progressed substantially since early September and construction is nearing completion. Also, considerable progress has been made at the James mine site. Most of the James North pit area has been stripped of overburden and cleared.
Labrador Iron Mines Holdings reported that agreement has been reached with the Innu Matimekush–Lac John to immediately remove the barriers that had restricted normal access from the town of Schefferville to adjacent mining properties and thereby enable the ongoing development of the Company’s iron ore projects in Western Labrador and Quebec.