Lac Otelnuk mine
From Underfoot
Q16966135
Q16966135
Lac Otelnuk mine is the largest iron mine project in Quebec, Canada, with NI 43–101 compliant estimated reserves of 23.74 billion tonnes of ore grading 29.65% iron. In 2005, Bedford Resource Partners staked 129 claims over the deposit and optioned it to Adriana Resources. In 2012, 60% ownership of the iron deposit was sold to Wuhan Iron and Steel Corporation (WISCO). Over $150 million have been invested in the exploration, studies, the 2015 NI 43-101 compliant feasibility study, and the formation of the Lac Otelnuk Mining Company, a joint venture between Adriana Resources Inc and WISCO.
| Type | Subtype | Date | Description | Notes | Source |
|---|---|---|---|---|---|
| site | mine | Lac Otelnuk mine | iron mine | Wikidata | |
