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Champion Iron Ord Shs T.CIA

Alternate Symbol(s):  CIAFF

Champion Iron Limited is an Australia-based iron ore exploration and development company. The Company, through its wholly owned subsidiary, Quebec Iron Ore Inc., owns and operates the Bloom Lake Mining Complex, located on the south end of the Labrador Trough, approximately 13 kilometers (km) north of Fermont, Quebec. Bloom Lake is an open-pit operation with two concentrators that primarily source energy from renewable hydroelectric power. The Company ships iron ore concentrate from Bloom Lake by rail, to a ship loading port in Sept-lles, Quebec, and has sold its iron ore concentrate to customers globally, including in China, Japan, the Middle East, Europe, South Korea, India and Canada. In addition to Bloom Lake, Champion owns a portfolio of exploration and development projects in the Labrador Trough, including the Kamistiatusset Project, located a few km south-east of Bloom Lake, and the Cluster II portfolio of properties, located within 60 km south of Bloom Lake.


TSX:CIA - Post by User

Bullboard Posts
Post by IROCWATCHERon Jan 18, 2017 12:21am
134 Views
Post# 25720947

Largest Iron Ore deposit is buried in a gold miner

Largest Iron Ore deposit is buried in a gold minerMLG used to b Cap-Ex and they trasitioned into gold when iron went down &nbsp; They still hold their 5B tonne Block 103 deposit and no one seems to remeber it.. Hidden value in MLG is their&nbsp;<br /> <br /> https://www.mlgoldcorp.com/index.php/projects/block-103<br /> <br /> <div class="page-header" style="box-sizing: inherit; color: rgb(102, 102, 102); font-family: roboto, sans-serif;"> <h2 itemprop="name" style="box-sizing: inherit; margin: 0.75rem 0px 1.5rem; text-rendering: optimizelegibility; font-size: 1.9rem; color: rgb(194, 168, 97); font-weight: 500;"> -101 Resource Estimate</h2> </div> <p style="box-sizing: inherit; margin: 1.5rem 0px; color: rgb(102, 102, 102); font-family: roboto, sans-serif; text-align: justify;"> Block 103 hosts&nbsp;an initial National Instrument 43-101-compliant resource of 7.2 billion tonnes with a grade of 29.2% total iron. Mineral resources which are not mineral reserves, do not have demonstrated economic viability.&nbsp; Additional information regarding the resource estimate can be found below&nbsp;in the technical report.</p>
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