Strengths and Competitive Advantages

Northern Iron’s properties are all close to infrastructure and easily accessed by road.  Exploration activities can seamlessly be conducted out of Ear Falls, Ontario.  The excellent infrastructure benefits will also allow Northern Iron to accelerate the development of the El Sol Property and the Karas Property, as well as dewater and then evaluate the Griffith Property to establish a current NI 43-101 compliant mineral resource estimate and a feasibility study

  • EXPERIENCED MANAGEMENT with specialized skill and knowledge capable of advanced Northern Iron’s projects to production supported by a strong Board of Directors with mining, regional and financial expertise
  • INFRASTRUCTURE IN PLACE: Properties are accessible by road making it convenient to target steel markets in the United States, Western Europe and Asia.  Close access to lake barges make it convenient to target international steel markets in Western Europe and Asia
  • Located near established power (115kV power line within 3.5 km of the Griffith Property) and all-season road infrastructure
  • PROCESSING ADVANTAGE: Natural gas pipeline on the Griffith Property makes iron ore production more cost efficient
  • Mining friendly jurisdiction: local businesses offer most goods and services required for mineral exploration and development
  • Local regional population of 24,000, including skilled labour for the mining industry

Competitive Conditions

Northern Iron's exploration and development business is competitive with other entities engaged in the same business. Northern Iron believes that it is well-positioned to compete in its market segment, given the advantageous location of its operations and the experienced management team it has engaged. See "Risk Factors – Competition".