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Adriana Resources completes C$92 million joint venture ...

WISCO is one of the major subsidiaries of Wuhan Iron & Steel (Group) Corporation, headquartered in Wuhan in the province of Hubei in the People's Republic of China. Adriana Resources is an iron ore producer, headquartered in Toronto. McCarthy Tétrault LLP represented WISCO.

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Adriana Announces Completion of the Feasibility Study on ...

April 22, 2015 – Adriana Resources Inc. ("Adriana" or the "Company") – (TSX-V: ADI) is pleased to announce that it has completed a Feasibility Study ("FS") on the Lac Otelnuk Iron Ore Project ("LOM Project") located in Nunavik, Québec. Lac Otelnuk Mining Ltd. ("LOM") is a joint venture company between Adriana and WISCO International Resources [.]

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Lac Otelnuk Iron Project, Quebec - Mining Technology ...

Lac Otelnuk Mining (LOM), a joint venture of Adriana Resources (40%) and WISCO International Resources Development & Investment (WISCO – 60%) The Lac Otelnuk Iron Project, hosting 1,398 contiguous mineral claims covering a total area of 673km², .

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World Mining Magazine by World Mining Magazine -

World Mining Magazine. PRODUCED BY WORLDWIDE BUSINESS MEDIA. ... (WISCO), of which Adriana owns 40% and WISCO owns 60%. WISCO itself is .

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Adriana Files Annual Financial Statements Ended December ...

LOM is a joint venture company in which Adriana owns 40% and WISCO owns 60%. LOM has cash of $8 million as at February 26, 2016. As at December 31, 2015, in light of the sustained decrease in long ...

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Major Mines & Projects | Lac Otelnuk Project

On January 12, 2012, Adriana closed a Joint Venture Agreement (the "JV Agreement") with a wholly owned subsidiary of WISCO International Resources Development & Investment Limited ("WISCO") to engage in the development and operation of the Lac Otelnuk Project. WISCO holds a 60% interest in LOM while Adriana holds the remaining 40% interest.

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Adriana Announces Completion of the Feasibility Study on ...

Apr 22, 2015 · Lac Otelnuk Mining Ltd. ("LOM") is a joint venture company between Adriana and WISCO International Resources Development & Investment Limited ("WISCO"), of which Adriana owns 40% and WISCO owns 60%.

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2017 Sprott Resource and Adriana Resources Announce ...

Jan 03, 2017 · Adriana Resources Inc. owns 40% of the Lac Otelnuk iron ore project in Northern Quebec. Adriana's 60% joint venture partner in Lac Otelnuk Mining Ltd. ("LOM JV") is WISCO International Resources & Investment Limited, a subsidiary of Bao Wu Steel Ltd. In April 2015, the LOM JV published a NI43-101 compliant Technical Report on the ...

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Adriana Resources Inc. - Canadian Sailings

Following investments made in 2011 and 2012 by WISCO International Resources Development & Investment Limited, WISCO owns 19.9 per cent of Adriana, as well as a 60 per cent direct interest in LOM. Under the terms of the Joint Venture Agreement, WISCO may provide dilution protection to Adriana by providing funding assistance of up to $200 ...

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Chinese steel giant ready to help finance Nunavik iron ...

The deal that Adriana has asked its shareholders to accept will see a new joint venture company, owned 60 per cent by WISCO and 40 per cent by Adriana, to push ahead the development of the iron mine at Lac Otelnuk. "This is an extremely important milestone for Adriana and for the people of Quebec.

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2017 Sprott Resource and Adriana Resources Announce ...

Jan 03, 2017 · Adriana Resources Inc. owns 40% of the Lac Otelnuk iron ore project in Northern Quebec. Adriana's 60% joint venture partner in Lac Otelnuk Mining Ltd. ("LOM JV") is WISCO International Resources & Investment Limited, a subsidiary of Bao Wu Steel Ltd. In April 2015, the LOM JV published a NI43-101 compliant Technical Report on the ...

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Adriana Announces That it has Filed a NI 43-101 Technical ...

Certain information regarding Adriana and LOM, may constitute forward-looking statements under applicable securities laws and necessarily involve known and unknown risks and uncertainties. Certain ...

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Destined for Grandeur - Canadian Mining JournalCanadian ...

WISCO is one of the few companies in the world big enough to finance such a project. The Adriana-WISCO joint venture company, Lac Otelnuk Mining, is expected to employ as many as 3,000 people. The open pit mining operation is projected to produce 50 million tonnes annually and the partners hope to have it up and running by the end of 2017.

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Adriana Announces That it has Filed a NI 43-101 Technical ...

Apr 23, 2015 · Lac Otelnuk Mining Ltd. ("LOM") is a joint venture company between Adriana and WISCO International Resources Development & Investment Limited ("WISCO"), of which Adriana owns 40% and WISCO owns 60 ...

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Adriana Funds the Lac Otelnuk Joint Venture Beyond 2020

Jan 04, 2016 · Adriana owns 40% of LOM, which is a joint venture company with WISCO International Resources Development & Investment Limited ("WISCO"), which in .

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Adriana Files Annual Financial Statements Ended December ...

Feb 26, 2016 · LOM is a joint venture company in which Adriana owns 40% and WISCO owns 60%. LOM has cash of $8 million as at February 26, 2016. As at December 31, 2015, in light of the sustained decrease in long ...

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Chinese to Build Huge Mining Complex in Nunavik, Canada ...

Sep 18, 2011 · The Chinese corporation Wisco plans to build a huge mining complex worth $ 13 billion in Northern Quebec by 2016.. In partnership with Adriana Resources Canada, Wisco (Wuhan Iron And Steel Group Corp. ) wants to establish Nunavik's largest mining project in the history of Canada. "This is a huge and complex project.

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Adriana Files Annual Financial Statements Ended December ...

LOM is a joint venture company in which Adriana owns 40% and WISCO owns 60%. LOM has cash of $8 million as at February 26, 2016. As at December 31, 2015, in light of the sustained decrease in long ...

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Adriana Files Third Quarter Financial Statements Ended ...

Nov 06, 2015 · Adriana Files Third Quarter Financial Statements Ended September 30, 2015 and Provides an Update on the Company ... ("WISCO"), of which Adriana owns 40% and WISCO owns 60%, has cash of $5.2 ...

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Sprott Resource and Adriana Resources Announce TSX Venture ...

Dec 01, 2016 · Bloomberg the Company & Its Products Bloomberg Anywhere Remote Login Bloomberg Anywhere Login Bloomberg Terminal Demo Request

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