Champion Iron Mines Limited

Profiles: PROSPECTIVE IRON ORE PRODUCERS

Champion Iron Mines Limited (TSX:CHM) is an iron exploration and development company with development projects located in eastern Canada. It has significant interests in several projects in the prolific iron ore-producing Labrador Trough located in northeastern Quebec. Champion owns two major properties, namely its Fermont Holdings (100 per cent ownership) which hosts its flagship Consolidated Fire Lake North (CFLN) project, and its Attikamagen project, which is located some 15 kilometres east of Schefferville, and is a joint venture partnership with Century Iron Mines Corporation.

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Augyva Mining Resources Inc.

Profiles: PROSPECTIVE IRON ORE PRODUCERS

Augyva Mining Resources Inc. (TSX: AUV) owns a 35-per-cent interest in the Duncan Lake Joint Venture which owns a 100-per-cent interest in the Duncan Lake Iron Ore Project. Century Iron Mines Corporation (TSX: FER) (Century) is Augyva’s principal Joint Venture partner. The other two are WISCO International Resources Development & Investment Limited (WISCO) and MinMetals Exploration & Development (Luxembourg) Limited (Minmetals). In addition to its interests in Duncan Lake, Augyva owns three other undeveloped mining properties.

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Alderon Iron Ore Corp.

Profiles: PROSPECTIVE IRON ORE PRODUCERS

Alderon Iron Ore Corp. (TSX: ADV) is a leading iron ore development company in Canada. Its principal property is the Kamistiatusset (Kami) Property, located near the mining towns of Wabush and Labrador City in Western Labrador, not far from open pit mines that currently produce 99.8 per cent of all of the iron ore produced in Canada by Rio Tonto’s Iron Ore Company of Canada, ArcelorMittal, and Cliffs Natural Resources (Wabush Mines and Bloom Lake property). Relative to iron ore produced by major exporting countries, ore produced in this region is characterized as being of high grade and containing few impurities. Kami is in close proximity to a common carrier railway to the port of Sept-Îles, which offers year-round access to global markets.

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Adriana Resources Inc.

Profiles: PROSPECTIVE IRON ORE PRODUCERS

Adriana Resources Inc. (TSX: ADI) owns a number of iron ore mining properties in Quebec and Labrador, as well as an iron ore port development site near Rio de Janeiro in Brazil. Its principal asset consists of a 40-per-cent interest in Lac Otelnuk Mining Ltd. (LOM), owner of the Lac Otelnuk iron ore project, in a Joint Venture with WISCO International Resources Development & Investment Limited. WISCO is part of Wuhan Iron and Steel Group Corp., China’s second-largest steel producer.

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