Mineral Resource Update 2022

Indicated Resource: 678.5 Mt grading 27.8% Magnetite

Inferred Resource: 546.6 Mt grading 26.1% Magnetite

Blast Furnace-Compatible Product Expected due to low Titanium

Titanium, a fatal deleterious element for blast furnaces prevalent in Magnetite deposits, is negligible at Mont Sorcier, opening doors for steel co-production.

Surrounded by Great Existing Public Infrastructure for Access to Global Markets

Situated along well maintained logging roads less than 25 km to under capacity rail with 200km to closest deep water port, Mont Sorcier has the infrastructure in place to access global markets

Management Experienced in Mine Development

Management experienced in developing mining projects. Currently working to advance metallurgy and engage in Preliminary Economic Assessment of Mont Sorcier to recognize the project’s value.

Located in Top Tier mining jurisdiction, Chibougamau, Quebec, the Mont Sorcier project hosts a large maiden high grade iron resource with excellent infrastructure, including rail, airports, seaports, and low cost hydro.

Advancing the Mont Sorcier Iron Ore and Vanadium project

Near rail infrastructure with actionable plan to ship to seaborne markets
High quality Iron ore concentrate (low TiO2) with significant Vanadium credits

Mineral Resource Update completed in Q2 2022: 678.5Mt Indicated & 546.6Mt Inferred

Latest Press

Investor Resources

Sign up for our newsletter