Iron Company News Directory

Champion Iron Limited Announces JORC Resource and Reserve Statement for Fire Lake North

Champion Iron (TSX:CIA,ASX:CIA) announced that it has an initial Australasian Joint Ore Reserves Committee (JORC) resource and reserve statements for its wholly owned subsidiary Champion Iron Mines' Fire Lake North Project. The report notes a resource of over 1.2 billion tonnes including 755 million tonnes of measured and indicated metallurgically coarse grained hematite mineralisation. The reserve statement estimates totals of 464 million tonnes with an estimated 23 million in the "Proved" category.