BKIRF - Black Iron Inc. (TSX: BKI) (OTC: BKIRF) (GR: BIN) Firming Up Details of Prime Land Transfer Agreement for Shymanivske Project
- Ukraine’s Ministry of Defense has developed plan to transfer key parcel of land to Black Iron for its Shymanivske iron ore deposit
- Black Iron is building a world class, high-value, low net cost project offering an ultra-high-grade iron ore concentrate
- Strong economic returns expected to be generated by the Shymanivske iron ore deposit reinforce this unique investment opportunity
- Shymanivske offers strategic location with underdeveloped resources and close proximity to target markets in Europe, the Middle East and Asia
Canadian iron ore exploration and development company Black Iron Inc. (TSX: BKI) (OTC: BKIRF) (GR: BIN) continues to make solid progress advancing its 100 percent owned Shymanivske iron ore deposit located in Kryvyi Rih, Ukraine. Black Iron recently announced positive momentum in its search for a parcel of land suitable for the company’s processing plant, tailings and waste rock associated with the Shymanivske project (http://nnw.fm/xA5Gl).
In a recent news release, Black Iron noted that Ukraine’s Ministry of Defense (“MOD”) has developed a plan to transfer the parcel of land outlined in the company’s re-scoped Preliminary Economic Assessment (“PEA”) to Black Iron, pending final discussions that...
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