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New Millennium Iron Corp.

09:54 AM EST - New Millennium Iron Corp. : announced today the progress of the Taconite Project Feasibility Study it is carrying out jointly with Tata Steel. An interim report has been submitted by the Study Manager. Certain sections remain to be completed. The SM wishes a further period to complete its internal corporate review process, which includes technical aspects and finalization of the capital cost estimates. NML and Tata Steel have agreed to the SM's request. New Millennium Iron Corp. shares T.NML are trading down $0.03 at $1.14.