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M3 Metals Prepares for Trenching at Its Block 103 Iron Ore | The Kingston Whig Standard


Vancouver, British Columbia–(Newsfile Corp. – May 12, 2021) –
M3 Metals Corp. (TSXV: MT) (FSE: X0VP) (“M3 Metals” or the “Company”) is pleased to provide an update on its upcoming planned trenching program on its 100% owned Block 103 Iron Ore Project in Newfoundland and Labrador, Canada. The Company has selected 10 priority targets to test for Direct Shipping Ore (“DSO”) mineralization. Target selection was based on reanalysis of the extensive drilling and numerous airborne and ground based geophysical surveys including detailed magnetic and gravity surveys.
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Iron ore prices hit new record - The Northern Miner


Iron ore prices hit new record
Champion Iron CEO David Cataford (pointing) in the processing plant at the Bloom Lake iron ore mine in Quebec. Credit: Champion Iron
The price for iron ore surged to a record US$237.57 per tonne today as strong Chinese demand continued to outpace supply.
The record price levels are supported by a continued supply squeeze, with major iron ore producers reporting seasonally lower output in the March quarter, and growing concern over the escalating Covid-19 crisis in India, which could impact the country’s exports of the metal.
“These factors, along with a recovery in ex-China demand, is expected to drive the global seaborne trade balance into a deeper deficit in 2021, with annual prices forecast to average US$153 per tonne,” Ronnie Cecil, principal analyst for metals and mining research at S&P Global Market Intelligence, tells The Northern Miner, although he notes a seasonal rise in Brazilian exports are likely to lower prices in ....

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M3 Metals Corp.: M3 Metals Prepares for Trenching at Its Block 103 Iron Ore Project


M3 Metals Corp.: M3 Metals Prepares for Trenching at Its Block 103 Iron Ore Project
Vancouver, British Columbia (Newsfile Corp. - May 12, 2021) -
M3 Metals Corp. (TSXV: MT) (FSE: X0VP) ( M3 Metals or the Company ) is pleased to provide an update on its upcoming planned trenching program on its 100% owned Block 103 Iron Ore Project in Newfoundland and Labrador, Canada. The Company has selected 10 priority targets to test for Direct Shipping Ore ( DSO ) mineralization. Target selection was based on reanalysis of the extensive drilling and numerous airborne and ground based geophysical surveys including detailed magnetic and gravity surveys.
The Company is targeting pockets of DSO within and surrounding its primary 7.2 Billion tonne Taconite (Magnetite Iron) resource (see news release dated Feb 4, 2013). Of immediate interest is a zone of high-grade haematite mineralization intersected in hole 64 (see below) showing the potential for DSO within and around the resource ....

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OTC Markets Group Welcomes Champion Iron Limited to OTCQX


OTC Markets Group Welcomes Champion Iron Limited to OTCQX
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NEW YORK, April 19, 2021 /PRNewswire/  OTC Markets Group Inc. (OTCQX: OTCM), operator of financial markets for 11,000 U.S. and global securities, today announced Champion Iron Limited ( Champion or Company ) (ASX: CIA; TSX: CIA;OTCQX: CIAFF), an iron ore exploration and development company, has qualified to trade on the OTCQX® Best Market. Champion Iron Limited upgraded to OTCQX from the Pink® market.
Champion Iron Limited begins trading today on OTCQX under the symbol CIAFF.  U.S. investors can find current financial disclosure and Real-Time Level 2 quotes for the company on www.otcmarkets.com. ....

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