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Century Iron Mines Confirms New Taconite Iron Discovery

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Century Iron Mines Corporation (FER.TO) announced today a large taconite iron discovery on its 100% owned Rainy Lake property, part of the Sunny Lake Project.

The company said a new zone was discovered, now named the Full Moon Prospect. Sandy Chim, President and CEO of Century Iron commented: "Full Moon demonstrates so far two to three times of this normal thickness making its potential value higher. This discovery crystallizes our strategy of positioning ourselves toward becoming a large iron ore producer for the insatiable China market."

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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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