Houston Flagship Deposit Development Plan
LIM's First Two Years of Production
Valuable experience and market insight
2011
2012E1
Sales
386,000
dry tonnes
1.6 million
dry tonnes
600,000
1.6 million
Saleable Iron Ore
Production
dry tonnes
millions (Mt)
1.6
Rail
wet tonnes
wet tonnes
Shipments 3 shipments
10 shipments³
0.4
Strengthened relationships with key stakeholders
Full-scale operations experience to achieve greater
efficiencies in future years
Valuable marketing intelligence from sale of shipments
to strategically plan/maximize product revenue in future
2012E for the period April to November 2012
1
2
3
2012 production has been scaled back to 1.6 million dry tonnes, based on market conditions
9 ships sold YTD. 10th shipment set to arrive at port on November 18
2011
2012²
Labrador Iron Mines - TSX: LIM LIM
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