PERTH, WESTERN AUSTRALIA -- (Marketwired - Jan. 30, 2015) - Nevada Iron Ltd (the Company) (ASX:NVI)(TSX:NVR) is pleased to provide the following quarterly report for the period ending 31 December 2014
Highlights
- Water Pollution Control Permit Application deemed administratively complete and under technical review. Receipt of permit expected 1st Quarter 2015.
- Air Pollution Control Permit Application deemed administratively complete and under technical review. Public comment period complete. Receipt of permit expected 1st Quarter 2015.
- Application to locate the rail loading facilities on Bureau of Reclamation lands submitted. Kick-off anticipated 1st Quarter 2015.
- Work continues on permitting of the powerline to supply the mine site.
- Agreement with a leading rail transportation company in final form, execution expected in early 2015.
- Highly experienced US based CFO for US subsidiaries hired
Overview
Nevada Iron Ltd (ASX Code: NVI, TSX Code: NVR) is a resource company focused on the development of the Buena Vista Iron Project located in northern Nevada, USA. This project demonstrates the attributes for a successful iron ore development, namely:
- Near surface resource - Very low waste to ore ratio (<0.5:1) - Easy metallurgy with a coarse grind producing a high grade (67.5-69% Fe) clean concentrate - Close to existing nearby transport infrastructure and no requirement to build significant infrastructure, e.g. a rail line - Access to multiple existing ports - Manageable capital cost - Stable and mining friendly jurisdiction - No government royalty imposts - Phase 1 project on private land, making permitting less onerous
To view the full announcement please click the link below: Link: http://www.nv-iron.com/2011-08-15-01-49-08/asx-releases
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Contact
Nevada Iron Limited Michelle McAuliffe +61(8) 9481 6006 michelle.mcauliffe@nv-iron.com www.nv-iron.com
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PERTH, WESTERN AUSTRALIA -- (Marketwired - Jan. 30, 2015) - Nevada Iron Ltd (the Company) (ASX:NVI)(TSX:NVR) is pleased to provide the following quarterly report for the period ending 31 December 2014
