09:53 AM EST - New Millennium Iron Corp. : announced the resource estimation for its 80%-owned Sheps Lake and 100% owned Perault Lake properties in Newfoundland and Labrador. Data collected from its 23-hole (1,920.1-metre) in Sheps Lake and 50-hole (3,890.8-metre) in Perault Lake, 2012 drilling program have resulted in NI 43-101 compliant mineral resource estimates, at a cut-off grade of 18% DTWR, of 3.58 billion tonnes of Indicated Mineral Resources and an additional 795 million tonnes of Inferred Mineral Resources. New Millennium Iron Corp.
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