Tukuk-OS⛏ Lac Otelnuk mine
Canada · Americas · 55.97°N, 68.28°W
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.
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Quick facts
| Country | Canada |
|---|---|
| Continent / region | Americas |
| Coordinates (approx.) | 55.97°N, 68.28°W · view on map |
Lac Otelnuk mine is located in Canada, in Americas.
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