Click image to enlarge

The LabMag Iron Ore Project is based on iron ore resources located on the Millennium Iron Range near Howells River, Newfoundland and Labrador. Under the LabMag Limited Partnership agreement, ownership of the LabMag Iron Ore Project is 80% New Millennium Capital Corp. (NML) and 20% Naskapi Nation of Kawawachikamach (NNK). This is the first binding mineral agreement in Canadian history to provide this type of participation to First Nation partners.

For more information, please refer to the following technical reports.

Technical report - August 18, 2006

A Technical Review of the Pre-feasibility Study of the LabMag Iron Ore Project, Labrador
For LabMag Services Inc.
By Watt, Griffis and McOuat Limited and BRASS Engineering International, LLC

Full document [11 MB]

Technical Report - May 23, 2006

Updated Technical Report and Mineral Resource Estimate for the LabMag Iron Ore Project, Labrador.
For LabMag Services Inc.
By Watts, Griffis and McOuat Limited

Technical Report - June 20, 2005

Technical Report and Mineral Resource Estimate on the LabMag (Howells River) Iron Ore Project, Labrador
For LabMag Services Inc.
By Watts, Griffis and McOuat Limited