Labrador Iron Mines

Holdings Limited

TSX: LIM

 
 
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Schefferville Area Projects

Stage 1 - James
- Redmond
- Knob Lake
Stage 2 - Houston & Malcolm
Stage 3 - Howse
Stage 4 & 5 - Sawyer Lake
- Astray Lake
- Kivivic No. 1 & 2
 
Location
Geology
Deposit Types
Mineral Resources & Reserve Estimates
Transportation & Infrastructure
Mining & Processing
Iron Ore Products & Markets

Schefferville Area Projects

LIM's 20 direct shipping (DSO) properties comprising our Schefferville Projects are located in the western central part of the iron-rich Labrador Trough, one of the most prolific iron ore producing regions in the world. The Schefferville area has a tradition in iron ore production that dates back to the early 1950s. LIM's DSO deposits contain hematite lump and sinter fine ores and are part of the original IOC Schefferville operations, forming part of the 250 million tonnes of historic reserves and resources identified by IOC. Today, the area is home to established infrastructure, which includes hydro power, the town, airstrip and railway service to the Port of Sept-Iles, Quebec. Home Page Map

LIM's mine operations involve the extraction of iron ore by developing open pit mines, starting with the James Mine, which commenced initial production in June 2011. Commercial production was achieved in April 2012 and LIM completed its third year of operations in November 2013. To date, LIM has sold approximately 3.6 million dry tonnes (approximately 3.8 million wet tonnes) in 23 cape-size shipments to the Chinese spot market.

LIM continues to make good progress in advancing the Schefferville Projects with ongoing active programs, including drilling, metallurgical testing, environmental, permitting, marketing, engineering, purchasing and construction.At present, LIM has confirmed NI 43-101 compliant measured and indicated minerals resources of 59.5 million tonnes at a grade 56.7% Fe on the James, Redmond, Denault, Knob Lake, Houston and Malcolm deposits (as at March 31, 2013). In addition to these deposits, the remaining 15 deposits have a total combined historical resource estimated to be approximately 108 million tonnes based on work carried out by IOC prior to the closure of its Schefferville operations in 1984. The historical estimate was prepared according to the standards used by IOC and, while still considered relevant, is not compliant with NI 43-101.

The Company plans to bring the historical resources on these other deposits into NI 43-101 compliant status sequentially in line with their intended phases of production.


Technical Reports

Mineral Resource Technical Report Elizabeth Taconite Project Labrador
June 15, 2013


Technical Report on Mineral Resource Update of the Houston and Malcolm 1 Property, Labrador West Area, Newfoundland and Labrador and North Eastern Quebec
April 24, 2013


Technical Report on Schefferville Area Direct Shipping Iron Ore Projects Resource Update in Western Labrador and North Eastern Quebec
April 12, 2013


Revised Technical Report: Schefferville Area Direct Shipping Iron Ore Projects Resource Update in Western Labrador and North Eastern Quebec
October 24, 2012


Technical Report on Schefferville Area Direct Shipping Iron Ore Projects Resource Update in Western Labrador and North Eastern Quebec
March 31, 2012


Technical Report on Mineral Resource Update of the Houston Property, Labrador West Area, Newfoundland Labrador
March 31, 2012


Technical Report on Mineral Resource Estimation of the Houston Property Mineral Deposit
March 25, 2011


Technical Report on Direct Shipping Iron Ore Projects in Western Labrador and North Eastern Quebec
March 14, 2011


Technical Report and Resource Estimate on the Denault Iron Ore Deposit, Quebec
March 14, 2011


Technical Report on the Houston Iron Ore Deposit, Western Labrador
February 21, 2011


Resource Estimate & Technical Report on the Houston Iron Ore Deposit, Western Labrador
May 18, 2010


Revised Technical Report on an Iron Ore Project in Western Labrador Province of Newfoundland and Labrador for Labrador Iron Mines Limited
March 18, 2010


Technical Report for Schefferville Mines Inc. and Labrador Iron Mines Holdings Limited - Iron Project in Northern Quebec
December 18, 2009


Technical Report Resource Estimation of the James, Redmond 2B and Redmond 5 Mineral Deposits
December 18, 2009


Revised EIS Document
August 21, 2009



 

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