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UPDATE: New Millennium Iron Reports Update for Taconite Feasibility Study; Stocks Turn Positive

New Millennium Iron Corp. (NML.TO) announced today the progress of the Taconite Project Feasibility Study it is carrying out jointly with Tata Steel.

Dean Journeaux, CEO, said: "The Feasibility Study has progressed steadily and is now at the point where we can see its completion. The Study has been comprehensive and the SM has been thorough in recognizing the project's great scale and incorporating that into their interim report."

NML has moved into the green in the afternoon trade, up nearly 7% to $1.25. Over 238,000 NML shares have changed hands.

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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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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