Century has interests in key iron exploration properties located in Quebec and Newfoundland and Labrador, including:
- Attikamagen JV Properties are 100% owned by Labec Century Iron Ore Inc., a joint venture owned 60% by Century and 40% by WISCO. The Attikamagen JV includes the Joyce Lake DSO Project which has completed a bankable feasibility study in April, 2015 and is the most advanced of Century’s projects. The Hayot Lake Deposit is also part of the Attikamagen JV and hosts a 1.7 billion tonne inferred taconite resource;
- Sunny Lake JV Properties are subject to a joint venture agreement between Century and WISCO, who have the right to earn up to a 40% interest in the Sunny Lake JV properties, which includes the Full Moon Project, a taconite deposit, and which had a preliminary economic assessment completed April 14, 2015 and Blackbird DSO Deposit which had an NI-43-101 mineral resource estimate completed in April, 2015;
- The Duncan Lake JV Magnetite Project, in which Century has a 65% interest and Augyva Mining Resources Inc. has a 35% interest. Additionally, Century and WISCO have entered into a Joint Venture Framework Agreement allowing WISCO to earn a 40% joint venture interest in Century’s 65% interest in the Project. A preliminary economic assessment was completed on Duncan Lake in May, 2013.
Prior technical reports, including Mineral Resource Estimates, Preliminary Economic Assessments and Feasibility study can be found on SEDAR.
Century controls some of the largest iron resources in Canada which includes 8.4 billion tonnes of measured and indicated resources together with 11 billion tonnes of inferred resources. Learn more.
|Mineral Resources Estimate|
|Hayot Lake||Joyce Lake||Full Moon||Black Bird||Duncan Lake||Total|
|Measured & Indicated1,2||—||24.3 Mt3||7.3 Bt||1.6 Mt||1.1 Bt||8.4 Bt|
|Inferred1,2||1.7 Bt||0.8 Mt||8.7 Bt||8.6 Mt||0.6 Bt||11.0 Bt|
Caution and Disclaimer to Readers
The following cautions apply to all pages shown on this website. For more complete information, the reader is requested to access our Legal page.
Important Caution regarding the Feasibility Study
The results of the feasibility study completed on the Company’s project are forward-looking information that are subject to a number of known and unknown risks, uncertainties and other factors that may cause actual results to differ materially from those presented here and in the study. The results of the economic analysis in the study are forward-looking information that is subject to a number of known and unknown risks, uncertainties and other factors that may cause actual results to differ materially from those presented here and in the study.
Important Caution regarding Preliminary Economic Assessments
The Preliminary Economic Assessments completed on the Company’s projects are preliminary in nature. They incorporate inferred mineral resources that are considered too geologically speculative to have the economic considerations applied to them that would enable them to be categorized as mineral reserves. These should not be considered prefeasibility or feasibility studies. In addition, mineral resources that are not mineral reserves do not have demonstrated economic viability. The results in these reports are forward-looking information that are subject to a number of known and unknown risks, uncertainties and other factors that may cause actual results to differ materially from those presented here and in those studies.
Important Caution regarding Mineral Resources
Mineral resources are not mineral reserves and do not have a demonstrated economic viability. The mineral resource estimates discussed may be affected by subsequent assessments of mining, environmental, processing, permitting, taxation, socio-economic, legal, political and other factors. There is insufficient information available to assess the extent to which the potential development of the mineral resources described may be affected.