Houston Flagship Deposit Development Plan
LIM Stage 2: Houston Flagship Deposit
Simple Development Plan
New dedicated rail siding (6km)
Access road (10km) + bridge
In-pit crushing and screening
(Phase 1)
Commencement of full
construction activities planned
for 2013, subject to market
conditions
James
(13 km NW)
Québec
Stage 2 Deposits
(South Central)
M&I
(000t)
Houston (NI 43-
22,900
101 Compliant)
Malcolm (Historical)
2,900
Labrador
Malcolm
2.5
kilometres
~ 4 km
Redmond
TSH Rail
Houston
Houston open
along strike
Upside
New / updated NI 43-101 resource expected
Houston Deposit remains open along strike
Nearby Malcolm Deposit (Quebec) extension: historical 2.9 Mt resource²
5
1 As at March 31, 2012; See Technical Reports filed on SEDAR.
Labrador Iron Mines - TSX: LIM LIM
18
Historical resource identified by IOC prior to 1983 were not prepared in accordance with NI 43-101View entire presentation