Nevada Iron Limited
ASX : NVI
TSX : NVR

Nevada Iron Limited

October 30, 2014 10:32 ET

Nevada Iron Files Quarterly Report for Period Ending 30 September 2014

PERTH, WESTERN AUSTRALIA--(Marketwired - Oct. 30, 2014) -

NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR RELEASE, PUBLICATION, DISTRIBUTION OR DISSEMINATION DIRECTLY, OR INDIRECTLY, IN WHOLE OR IN PART, IN OR INTO THE UNITED STATES

Nevada Iron Ltd (the Company) (ASX:NVI)(TSX:NVR) is pleased to provide the following quarterly report for the period ending 30 September 2014.

HIGHLIGHTS

  • Water Pollution Control Permit Application submitted
  • Air Pollution Control Permit Application submitted
  • Reclamation Permit Application prepared and to be submitted shortly
  • Application to locate the rail loading facilities on Bureau of Reclamation lands submitted
  • 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: http://www.nv-iron.com/2011-08-15-01-49-08/asx-releases

ABN 98 123 423 987

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