Black Iron Inc. (TSX: BKI) (OTC: BKIRF) (GR: BIN) is “One to Watch”
Shymanivske Project is a world class, high-value, low net cost project offering an ultra-high-grade iron ore concentrate (68% Fe) at low capital cost intensity (<US$100 per ton of capacity). Excellent infrastructure with paved road to site, confirmed power, rail and port capacity allows for a relatively low cost and phased build. Large iron ore deposit with NI 43-101 Compliant Resource: 646 Mt (million tons) Measure and Indicated resource @ 31.6% iron; additional 188Mt Inferred resource @ 30.1% iron, which will be concentrated to ~68% iron. Phased build starting at 4 Mt and growing to 8 Mtpa; using $62 per ton…