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Oceanic Iron Ore Corp.

TSXV:FEOLive AI agent

Oceanic is focused on the development of the Ungava Bay iron properties in Nunavik, Quebec.

Investor website: https://www.oceanicironore.com/

About

Oceanic is focused on the development of the Ungava Bay iron properties in Nunavik, Quebec. The properties comprise three project areas: Hopes Advance, Morgan Lake and Roberts Lake, which cover over 300 kilometres of iron formation and are located within 20 – 50 km of tidewater.

Verified company data

Cash position
$2,919,868
Shares outstanding
196618231
Fully diluted shares
364,777,441
Mineral resource
Oceanic’s flagship Hopes Advance Project has a NI 43-101 measured and indicated mineral resource of approximately 1.36 bn tonnes at a head grade of 32.1%Fe, and enjoys the distinct advantage of being located at tidewater and not being reliant on third parties for key infrastructure such as port, power and especially bulk transportation to port (negating the need for any rail infrastructure).
Projects
["Hopes Advance Project: Oceanic Iron Ore Corp. is pleased to announce the resumption of its Environmental & Social Impact Assessment (ESIA) process, by way of commencement of updated environmental baseline studies (the Baseline Studies) at the Company’s 100% owned Hopes Advance Project, located in Northern Québec, Canada. The Baseline Studies will comprise comprehensive environmental baseline investigations across the terrestrial, marine, and human environments to support the ESIA and broader Project permitting. Terrestrial components will include the proposed mine, access road, and airport infrastructure, while marine components will address coastal and offshore conditions associated with the proposed deepwater port. The commencement of our baseline studies program marks an important milestone in advancing Hopes Advance toward permitting. This work will provide the environmental, social and technical foundation needed to responsibly progress the Project, and reflects our continued commitment to disciplined, de-risked development. Oceanic is fully committed to developing Hopes Advance in collaboration with our Inuit partners, as well as our other local and regional stakeholders.","Morgan Lake Project: Further information in respect of the Morgan Lake project, which has been explored historically and which has defined historical resources, is also available on the Company's website.","Roberts Lake Project: Further information in respect of the Roberts Lake project, which has been explored historically and which has defined historical resources, is also available on the Company's website."]
Leadership
Chris Batalha (CEO and Director, Experienced leader in the mining sector with a focus on advancing projects and investor relations.), Ashley Kates (CFO and Corporate Secretary, Accomplished finance executive with nearly 20 years of experience in the mining industry, specializing in financial reporting and corporate governance.), Gerrie van der Westhuizen (Outgoing CFO and Corporate Secretary), Tetiana Konstantynivska (Communications professional with extensive experience at the Vice President level in the Mining & Metals industry, skilled in investor relations and marketing strategies.)

Verified data last updated:

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