Red Paramount Iron Completes Lac Virot DR-Grade Iron Concentrate Project Preliminary Economic Assessment
Vancouver, British Columbia--(Newsfile Corp. - February 20, 2025) - Red Paramount Iron Ltd. (Red Paramount or the "Company") is pleased to announce completion of a Preliminary Economic Assessment ("PEA") for its Lac Virot Direct Reduction (DR)-Grade Iron Ore Project (the "Project") in the Labrador Trough, Newfoundland and Labrador, Canada.This PEA highlights a world-class iron ore project with substantial resources, low estimated production costs, and strategic access to infrastructure. The...
2025-02-20 1:42 PM EST