Apr 17 2015
Century Iron Mines Corporation ("Century"), through Labec Century Iron Ore Inc. ("Labec Century"), a joint venture with WISCO International Resources Development & Investment Limited ("WISCO"), is pleased to announce the filing on SEDAR of the National Instrument 43-101 compliant technical report ("Report") summarizing the results of the feasibility study for the Joyce Lake Direct Shipping Ore ("DSO") Project of the Attikamagen Property, Labrador ("FS").
The publicly filed document is consistent with the results disclosed in the news release dated March 2, 2015. The date of the Report is April 14, 2015 and a copy is available under Century's SEDAR profile at www.sedar.com and will be posted on Century's website at www.centuryiron.com. Century is a 60% owner of Labec Century which owns the Joyce Lake DSO Project. The FS was completed by BBA Inc. ("BBA") located in Montreal, Quebec, with inputs from Stantec Consulting Ltd., SGS Canada Inc., Geostat, BluMetric and LVM, a division of Englobe Corp.
About Century
Century is an iron exploration and development company and has significant properties in the prolific Labrador Trough in Québec and Newfoundland and Labrador, as well as the James Bay area of Québec. Century has two key strategic partners, WISCO and Minmetals Exploration & Development (Luxembourg) Limited S.àr.l., both Chinese state-owned enterprises. Each provides financial resources and technical expertise to assist the Company in advancing its projects.
Century's most advanced project is the Joyce Lake open pit DSO project, a joint venture with WISCO located close to Schefferville, Québec. It is planned as a 2.5million tonne per annum direct shipping iron ore project. The filing and release of its feasibility study is disclosed in this press release.
The Company's mission is to create shareholder value through the efficient allocation of capital resources. In addition to its strategic joint venture with WISCO to develop its iron ore resources, Century is also committed to exploring and capitalizing on strategic opportunities outside of the iron ore market to create additional shareholder value. Century's website is: www.centuryiron.com.
Source: http://centuryiron.com/