AMI Project

Summary

  • AMI is ideally situated in north-western Ontario, in an area with favourable proximity to nearby transportation and infrastructure, enabling quality production and quick delivery to the market
  • The property encompasses over 4,800 hectares of mining patents and claims
  • High quality magnetite ore body with low impurities, open along strike and at depth
  • AMI has robust project economics and a clear path to cash flow


Mineral Resource

Resources Tonnage (Mt) Magnetite (%)
Indicated Resources 185.2 29.59%
Inferred Resources 151.4 30.38%
Source: Fladgate Exploration NI 43-101 (November 8, 2011)

Location and Infrastructure

  • Favourable proximity to nearby transportation and infrastructure:
    • Rail 25 kms away
    • Thunder Bay port provides access to the US and Atlantic
    • Highway 622 runs through the property
    • Natural gas, housing, skilled labour availability
  • Minimal expenditure on infrastructure
US - CA Map v5.0 copy