Nevada Iron File Quarterly Report and Appendix 5B for Period Ending 31 March 2015

PERTH, WESTERN AUSTRALIA--(Marketwired - April 30, 2015) -

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Nevada Iron Ltd. (the Company) (ASX:NVI)(TSX:NVR) is pleased to advised that the following reports were filed with the ASX today;

1. Appendix 5B mining exploration entity quarterly report for period ending 31 March 2015
   
   
2. Quarterly Report for period ending 31 March 2015, 
   
   

Highlights

• Water Pollution Control Permit Application deemed administratively complete and under technical review. Receipt of permit delayed to ^2nd Quarter 2015.
  
  
• Air Pollution Control Permit received April 3, 2015.
  
  
• Reclamation Permit received March 4, 2015.
  
  
• Application to locate the rail loading facilities on Bureau of Reclamation lands submitted. 
  
  
• Plan of Development for the power line Right-of-Way submitted in February 2015. 
  
  
• Signed rail transport agreement with the Union Pacific Railroad, a leading rail transportation company, on Feb 11, 2015.
  
  
• Completed an equity raise in March of 2015, raising US$420,000 at a price of US21.5c/share.
  
  

Overview

Nevada Iron Ltd. (ASX:NVI)(TSX: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
• Favourable climate for construction and operations
• No government royalty imposts
• Permitting almost complete
• Phase 1 project on private land, making permitting less onerous

To view the full announcements, please click the link below:

Link: http://www.nv-iron.com/2011-08-15-01-49-08/asx-releases

Contact

Nevada Iron Ltd.
Michelle McAuliffe
+61(8) 9481 6006
michelle.mcauliffe@nv-iron.com
http://www.nv-iron.com/