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Website Terms and Conditions of Use

Welcome and thank you for visiting the New Millennium Iron Corp. website. By accessing the www.nmliron.com website (the “Site”), you are agreeing to be bound by these Site terms of use (“Terms of Use”) and all applicable laws and regulations.  If you do not agree with any of these terms, do not use this Site.
New Millennium Iron Corp. (“NML”) may revise these Terms of Use at any time without notice.  Your use of this Site constitutes acceptance of the then current version of the following Terms of Use.

Disclaimer

This Site, its organization and design, and all information, images, graphics, artwork, text, video, audio, maps, photographs and other materials on this Site (together, “Content”) are provided solely for users' general knowledge and are provided "as is". This Site may contain bugs, errors or other problems. NML makes no warranties, expressed or implied, and NML disclaims and negates all other warranties, including without limitation, implied warranties or conditions of merchantability, fitness for a particular purpose or non-infringement of intellectual property or other violation of rights. Further, NML does not warrant or make any representations concerning the accuracy, likely results or reliability of the use of the materials on this Site or otherwise relating to such materials or on any websites linked to this Site.
This Site information and Content is not intended to be a comprehensive review of all matters and developments concerning NML, and NML assumes no responsibility as to its completeness or accuracy. Furthermore, the information in no way should be construed or interpreted as - or as part of - an offering or solicitation of securities. No securities commission or other regulatory authority in Canada or any other country or jurisdiction has in any way passed upon this information and no representation or warranty is made by NML to that effect.
The Content is believed to be accurate when it was posted on this Site.  However, due to the possible input and transmission errors and/or unauthorized editing you should be aware that the Content may be incomplete, may contain errors or may have become out of date.   

Security

E-mail communications between you and NML may not be secure. We suggest that you encrypt all e-mail to increase the security of your communications with us.

Privacy

NML respects your personal privacy. You may use this Site without providing any personal information about yourself to us. If we ask you to provide us with any personal information, we will tell you the purposes for which we intend to use that information. We will not collect, use, or disclose that information without your consent, and we will not use or disclose that information for any other purposes without your consent. To view our privacy policy, please click here.

Limitation of Liability

NML and its directors, officers, employees and representatives will not be liable to you or any other party for any damages of any kind including, without limitation, indirect, special, consequential or incidental damages, lost profits, business interruption or other damages arising directly or indirectly out of the use of or the inability to use this Site or its Content.

Ownership by NML

The Content of this Site is (and shall continue to be) owned exclusively by NML, and is protected under applicable copyrights, patents, trade-marks, trade dress and/or other proprietary intellectual property rights. You may download information from the Site for your personal, non-commercial viewing, but you may not otherwise copy, reproduce, republish, post, transmit, display, frame in another web page, perform, distribute, modify or create derivative works from the Content without our prior written approval. Under no circumstances will you acquire any ownership rights or other interest in any Content by or through your use of this Site.

Revisions and Errata

The materials appearing on this Site could include technical, typographical or photographic errors. NML does not warrant that any of the materials on this Site are accurate, complete or current. NML reserves the right in its sole discretion to edit or delete any documents, information or other content appearing on this Site without notice.

Links

The websites that are linked from this Site are not under the control of NML.  NML has not reviewed all of the websites linked to or from its Site and does not assume any responsibility or liability for any communications or materials available at those linked sites. All links are provided for your convenience only; they are not an endorsement or referral by NML. Use of any such linked website is at the user’s own risk.
If you wish to provide a link to our Site from your website, you may only link to our home page at www.nmlresources.com. You may not use any NML icons or logos on your website without our express written consent, and you may not use the link to suggest that NML sponsors, endorses, approves of, or is affiliated with, you or your website.

General

NML may amend these Terms of Use at any time without notice. Accordingly, you should periodically re-visit these Terms of Use to review the then current Terms of Use governing your use of this Site. If any part of these Terms of Use is unlawful, void or unenforceable, then that part is severable and will not affect the validity and enforceability of the remaining Terms of Use.

Rider for DSO Project


Unless stated otherwise, the information in the Project section is summarized, comprised or extracted from the report entitled “A Technical Report on the Feasibility Study of the Direct Shipping Iron Ore (DSO) Project” dated April 9, 2010, and amended on February 16, 2011 (the “DSO Technical Report”) prepared by Dean Journeaux, Bish Chanda, Jean-Charles Bourassa, Moulaye Melainine, Rock Gagnon, Laurent Piette of NML, André Boilard of Met-Chem Canada Inc. and Robert de l’Étoile of SGS Canada Inc.  The DSO Technical Report was prepared for the Company in accordance with National Instrument 43-101, Standards of Disclosure for Mineral Projects (“NI 43-101”) by "qualified persons", as defined in NI 43-101.  

Portions of the information are based on assumptions, qualifications and procedures which are set out in the DSO Technical Report.  For a complete description of the assumptions, qualifications and procedures associated with the following information, reference should be made to the full text of the DSO Technical Report which is also available on this website or electronically at www.sedar.com.

Rider for KéMag Project


Unless stated otherwise, the information set out in Project section is summarized, complied or extracted from the report entitled "Technical Report on the Pre-Feasibility Study on the KéMag Iron Ore Project, Québec for New Millennium Capital Corp." dated March 2, 2009 (the “KéMag Technical Report”), prepared by Andre Allaire, Langis Charron, John Dinsdale of BBA Inc., and Robert de l'Etoile of SGS Canada Inc., each a "qualified person", as defined in NI 43-101 or has been reviewed by BBA Inc..  The KéMag Technical Report was prepared in accordance with the requirements of NI 43-101.

Portions of the information are based on assumptions, qualifications and procedures which are set out in the KéMag Technical Report.  For a complete description of the assumptions, qualifications and procedures associated with the information, reference should be made to the full text of the KéMag Technical Report which is available on this website or electronically at www.sedar.com.

 

Rider for LabMag Project


Unless stated otherwise, information in the Project section is summarized, complied or extracted from the report entitled "A Technical Review of the Pre-Feasibility Study of the LabMag Iron Ore Project, Labrador" dated August 18, 2006 (the “LabMag Technical Report”), prepared by Michael W. Kociumbas, G. Ross MacFarlane, Gordon D. Watts, and Rick W. Risto of Watts, Griffis and McOuat Limited, Consulting Geologists and Engineers (“WGM”) and Brad Ricks of BRASS Engineering International, LLC, each a "qualified person", as defined in NI 43-101 or has been reviewed by WGM.  The LabMag Technical Report was prepared in accordance with the requirements of NI 43-101.

Portions of the information are based on assumptions, qualifications and procedures which are set out in the LabMag Technical Report.  For a complete description of the assumptions, qualifications and procedures associated with the information, reference should be made to the full text of the LabMag Technical Report which is available on this website or electronically at www.sedar.com.

Forward-Looking Statements

Statements contained in this website include statements and information about our expectations for the future. When we discuss our strategy, plans and future financial and operating performance, or other things that have not yet taken place, we are making statements considered to be forward-looking information or forward-looking statements under Canadian securities laws. All statements other than statements of present or historical fact are forward looking statements. Forward looking information is often, but not always, identified by the use of words such as “could”, “should”, “can”, “anticipate”, “expect”, “believe”, “will”, “may”, “projected”, “sustain”, “continues”, “strategy”, “potential”, “projects”, “grow”, “take advantage”, “estimate”, “well positioned” or similar words suggesting future outcomes.  They represent our current views, and can change significantly. These statements are based upon a number of material assumptions, which may prove to be incorrect. Actual results and events may be significantly different from what we currently expect, because of the risks associated with our business. We recommend that you review our current annual and subsequent quarterly management's discussion and analysis for more information about these assumptions and risks. You should also review our current annual information form, which includes a discussion of other material risks that could cause actual results to differ significantly from our current expectations. Forward-looking information is designed to help you understand management's current views of our near and longer-term prospects, and it may not be appropriate for other purposes. We will not necessarily update this information unless we are required to by securities laws.

In particular, this website contains forward looking statements relating to NML’s mining and development plans for its DSO and Taconite Projects, future growth opportunities, business strategies, mineral exploration, development and production plans and competitive advantages.

The forward looking statements regarding NML are based on certain key expectations and assumptions of NML concerning anticipated financial performance, business prospects, strategies, regulatory developments, exchange rates, tax laws, the sufficiency of budgeted capital expenditures in carrying out planned activities, the availability and cost of labour and services and the ability to obtain financing on acceptable terms, the actual results of exploration and development projects being equivalent to or better than estimated results in technical reports or prior activities, and future costs and expenses being based on historical costs and expenses, adjusted for inflation, all of which are subject to change based on market conditions and potential timing delays.  Although management of NML consider these assumptions to be reasonable based on information currently available to them, they may prove to be incorrect.
By their very nature, forward looking statements involve inherent risks and uncertainties (both general and specific) and risks that forward looking statements will not be achieved.  Undue reliance should not be placed on forward looking statements, as a number of important factors could cause the actual results to differ materially from the beliefs, plans, objectives, expectations and anticipations, estimates and intentions expressed in the forward looking statements, including among other things: inability of NML to continue meet regulatory requirements, general economic and market factors, including business competition, changes in government regulations or in tax laws; general political and social uncertainties; fluctuating iron ore and steel prices; uncertainties in interpreting drilling and other test results; recovery rates; the actual results of exploration, development or operational activities; changes in project parameters as plans continue to be refined; accidents and other risks inherent in the mining industry; lack of insurance; delay or failure to receive board or regulatory approvals; changes in legislation, including environmental legislation, affecting NML; timing and availability of external financing on acceptable terms; conclusions of, or estimates contained in, feasibility studies, pre-feasibility studies or other economic evaluations; and lack of qualified, skilled labour or loss of key individuals.
Readers are cautioned that the foregoing list is not exhaustive.  The forward looking statements contained in this Site are expressly qualified in their entirety by this cautionary statement.  
Resources listed as “historical” on this Site, if any, are not currently in compliance with National Instrument 43-101, and a qualified person has not done sufficient work to classify the historical estimate as current mineral resources or mineral reserves.  NML is not treating the historical estimate as current mineral resources or mineral reserves and the historical estimate should not be relied upon.
All resource estimates reported in this disclosure, if any, are calculated in accordance with National Instrument 43-101 and the Canadian Institute of Mining, Metallurgy and Petroleum Classification system. These standards differ significantly from the requirements of the United States Securities and Exchange Commission, and resource information reported in this disclosure may not be comparable to similar information reported by United States companies.