NML concludes an Impact and Benefit Agreement related to its DSO Project with the Naskapi Nation of Kawawachikamach (June 10, 2010)
Front row, center: Louis Einish (Chief); Robert Martin (President & CEO of NML)
DSO FEASIBILITY STUDY
COMPLETED
4 mtpy ProductionCapEx US$ 300 M
NPV US$ 420 M
IRR 29%
Joint Venture Agreement
Signed with Tata Steel
PLANNED FOR 2010
Imminent Production Decision
Tata Steel to invest $300 M
for 80% of the DSO Project
Start of Construction
GAINING MOMENTUM
DSO Production expected in 2011Taconite Resources for 72+ Years
Tata has an Option on Taconite
Projects until Dec. 31, 2010















