Company New Millennium Iron Corp

New Millennium Iron Corp. is engaged in the exploration, evaluation and development of mineral properties. The Company operates through the exploration and evaluation of mineral resources segment. Its Taconite Project has centered on the development of either or both of the LabMag and KeMag deposits to produce pellets and concentrate. The LabMag Property is located in Western Labrador, centered approximately 30 kilometers to the northwest of the town of Schefferville, Quebec. It controls the Millennium Iron Range (MIR), which holds undeveloped magnetic iron ore deposits in Canada's iron ore district, the Labrador Trough, located in the Province of Newfoundland and Labrador and in the Province of Quebec. The Howells River North deposits are located between the LabMag and KeMag deposits. The Lac Ritchie property is located at the north end of the Range. The Direct Shipping Ore (DSO) Project contains approximately 98.9 million tons of measured and indicated mineral resources.