Company
Cyclone Metals Ltd
ASX:CLE
Cyclone Metals Ltd owns and operates the Iron Bear magnetite iron ore project, formerly known as the Block 103 Project. The Iron Bear Project consists of ten licenses totalling 7,275 ha on 291 graticular Mineral Claims under the applicable Labrador and Newfoundland mining regulation, located near the Provincial border of Newfoundland and Labrador (NL) and Quebec (QC), approximately 30 km northwest of the town of Schefferville, QC and 1,200 km by air northeast of Montréal, QC.
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Cyclone Metals advances large, high-quality magnetite iron ore project in Canada
The company sees an opportunity to utilise its Lady Ethleen project as a demonstration deposit for the development of an environmentally-friendly alkaline leach processing solution.