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Newsletter - issue nbr 4 - August 2012

08/27/2012

Message from President and CEO Dean Journeaux

NML's first project, the Direct-Shipping Ore Project, is now under construction by Tata Steel
Minerals Canada Ltd. (“TSMC”). NML's next challenge, in collaboration with Tata Steel, is to
complete the feasibility study of its Taconite Project. This fourth issue of NML News provides an overview of the current status of the Taconite Project.

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