Project Overview

Oceanic Iron Ore Corp. is developing the Hopes Advance Project in Nunavik, Quebec, which has over 1.3 billion tonnes of iron ore mineral resources at a grade of 32.1% Fe. The project benefits from its location at tidewater, eliminating significant transportation costs and operational challenges associated with rail infrastructure, and has a planned mine life of 28 years.

Answer last refreshed: 2026-07-25