Century has interests in key iron exploration properties located in Quebec and Newfoundland and Labrador, including:

Attikamagen JV Properties are 100% owned by Labec Century Iron Ore Inc., a joint venture owned 60% by Century and 40% by WISCO. The Attikamagen JV includes the Joyce Lake DSO Project which has completed a bankable feasibility study in April, 2015 and is the most advanced of Century’s projects. The Hayot Lake Deposit is also part of the Attikamagen JV and hosts a 1.7 billion tonne inferred taconite resource;

Sunny Lake JV Properties are subject to a joint venture agreement between Century and WISCO, who have the right to earn up to a 40% interest in the Sunny Lake JV properties, which includes the Full Moon Project, a taconite deposit, and which had a preliminary economic assessment completed April 14, 2015 and Blackbird DSO Deposit which had an NI-43-101 mineral resource estimate completed in April, 2015;

The Duncan Lake JV Magnetite Project, in which Century has a 65% interest and Augyva Mining Resources Inc. has a 35% interest. Additionally, Century and WISCO have entered into a Joint Venture Framework Agreement allowing WISCO to earn a 40% joint venture interest in Century’s 65% interest in the Project. A preliminary economic assessment was completed on Duncan Lake in May, 2013.

Century's Iron Ore Projects in Canada

Joyce Lake DSO Project

Project Summary

60% project ownership by Century and 40% by WISCO, its JV partner;

Open pit mining with dry crushing and screening producing 65% of products as sinter fines and 35% as lump;

Production at nominal 2.5 million tonnes per annum over a 7+ year life of mine with initial 5.6 years at an ore grade of 61.4% Fe from the pit and remaining life of mine from stockpiles at 53.3% Fe;

Product transport from the mine over a new 43 km haul road to a new rail loop connecting to the existing rail, for railing to the Iron Ore Company of Canada Port Terminal in Sept-Iles for subsequent shipment to China;

Project JV partner, WISCO, has the right to purchase up to 60% of the mine commercial products at market value or on standard commercial terms.

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Full Moon Project

The Full Moon Project, part of the Sunny Lake Joint Venture Property, hosts a Taconite iron deposit of approximately 7.3 billion tonnes of indicated resources and 8.7 billion tonnes of inferred resources. In April 2015, Century, through the WISCO Century Sunny Lake Iron Mines Limited joint venture, published the Full Moon Preliminary Economic Assessment on SEDAR.

Project Facts (Apr 14, 2015)
Location	~80km NW of Schefferville
JV Partner	WISCO (40% JV interest)
Mineral Resources (December 6, 2012)
Deposit Type	Taconite
Measured & Indicated	7.3 billion tonnes (30.18% TFe)
Inferred	8.7 billion tonnes (29.86% TFe)
Preliminary Economic Assessment (April 14, 2015)1
Pre-tax NPV	C$5,771 million at 8% discount rate
Post-tax NPV	C$2,965 million at 8% discount rate
Pre-tax IRR	15.2%
Post-tax IRR	12.4%
Pre-tax payback	5.7 years
Post-tax payback	6.3 years
Initial Project CAPEX	C$7,207.3 million
Average Project OPEX	C$49.85/dmt
Strip Ratio	0.1:1
Economic evaluation based on 100% equity and a concentrate selling price equivalent of US$96/DMT, CFR China for 62%Fe content at a US$ to CDN$ exchange rate of 0.80 Life of mine of nominal 30 years at 20 million tonnes per year of concentrate product (mining all mineral resources gives life of mine of 290 years)

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Duncan Lake Project

The Duncan Lake Project is in the James Bay region of Quebec and hosts an iron magnetite deposit. The project is a joint venture between Century Iron Mines Corporations (65%) and Augyva Mining Resources Inc. (35%). Additionally, WISCO has an option with Century to gain a 40% interest in Century’s interest in the JV. A preliminary economic assessment was issued in May, 2013 and was published on SEDAR.

Project Facts
Location	James Bay region, Quebec, 40km S of Radisson
Mineral Resources (Oct. 11, 2012)
Deposit Type	Magnetite
Measured & Indicated	1.05 billion tonnes (24.42% TFe)
Inferred	0.56 billion tonnes (24.69% TFe)
Preliminary Economic Assessment (May 6, 2013)
Pre-tax NPV	C$4,144.1 million at 8% discount rate
Post-tax NPV	C$1,823.5 million at 8% discount rate
Pre-tax IRR	20.1%
Post-tax IRR	14.5%
Pre-tax Payback	4.2 years
Post-tax Payback	5.2 years
Project CAPEX	C$3,880.9 million
Project OPEX	C$59.17/tonne pellets
Life of Mine	20 years

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Hayot Lake Deposit

The Hayot Lake Deposit is part of the Attikamagen Property Joint Venture between Century (60%) and WISCO (40%) and hosts a Taconite iron deposit of 1.7 billion tonnes of inferred resources. An NI 43-101 Technical Report was published on SEDAR in November 2012.

Project Facts
Location	Labrador Trough, ~20km N of Schefferville
JV Partner	WISCO (40% JV interest)
Deposit Type	Taconite
Inferred Resource	1.7 billion tonnes at 31.25% TFe

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Black Bird DSO Deposit

The Black Bird Direct Shipping Ore (“DSO”) Deposit is part of the Sunny Lake property and is a joint venture between Century and WISCO where WISCO can earn up to 40% interest in the property by investing a total C$40M. In March 2015, Century announced a mineral resource estimate for the Black Bird DSO Deposit.

Project Facts
Location	~65km NW of Schefferville
JV Partner	WISCO (40% interest)
Mineral	Iron Ore DSO
Indicated	1.55 million tonnes at 59.93% TFe
Inferred	8.61 million tonnes at 57.01% TFe

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Sandy Chim, Chairman, President and Chief Executive Officer

Sandy Chim, CPA, CA, is the founder, Chairman, a director, the President and Chief Executive Officer of the Company. His principal focus, since 2007, has been the development of the Company (and its predecessor companies). He is also currently a director of Augyva Mining Resources Inc. and Sage Gold Inc., both of which are publicly traded mineral resource exploration companies listed on the TSXV. His investments and involvement in developing iron ore assets in Canada started in 2005 as a substantial shareholder in Consolidated Thompson Iron Mines Limited and a joint venture partner, through an affiliated company, of the Bloom Lake mine. Over the course of his career, Mr. Chim has raised substantial capital from, and taken companies of various industries public on, various international capital markets, including in Australia, London and Hong Kong as well as Canada. This capital was raised for businesses involved in industries ranging from resource exploration, mining, building materials, manufacturing, and the financial markets. Mr. Chim received a Bachelor of Commerce degree from the University of New South Wales, Australia and an M.B.A. from York University, Canada. Mr. Chim is a member of Certified Professional Accountants Ontario Canada and the Institute of Chartered Secretaries and Administrators in Canada, and a Fellow Member of the Hong Kong Institute of Certified Public Accountants.

Howard Bernier, Lead Director

Howard Bernier is a former professional Metallurgical Engineer and a consultant to entities involved in the iron ore industry focused on developing iron ore properties in the Province of Québec and Brazil. He has served as a consultant and officer to various public companies, as the resident manager of Wabush Mines in Sept-Îles, Québec, and most recently as Chief Operating Officer of Consolidated Thompson Iron Mines Limited. Mr. Bernier’s professional career, spanning some thirty-five years, has included all aspects of copper smelting and refining and iron pellet production, shipping and international metal sales. Mr. Bernier is a past member of the American Institute of Mining and Metallurgical and Petroleum Engineers and the Canadian Institute of Mining and Metallurgy. Mr. Bernier holds a B.Sc. (Engineering) from the École Polytechnique de Montréal, Québec. Mr. Bernier is a former member of the Order of Engineers of Québec.

Kit Ying (Karen) Lee, Director, Audit Committee Chair

Kit Ying (Karen) Lee is a seasoned senior executive with over 20 years of experience in the financial markets, serving as a senior executive in various positions with the regulatory authorities and exchanges in Hong Kong. Ms. Lee’s previous roles include serving as the Taskforce Leader for the successful and timely execution of the merger in 1999-2000 of the Stock Exchange of Hong Kong Limited, Hong Kong Futures Exchange Limited and Hong Kong Securities Clearing Company Limited to form Hong Kong Exchanges and Clearing Limited (“HKEx”), and the completion of its subsequent public listing in 2000. Subsequently, Ms. Lee became the Head of Listing, Risk Management and Regulation of HKEx and then she served as the Chief Financial Officer overseeing the Finance and Treasury functions of HKEx. Ms. Lee is currently an independent non-executive director of China Blue Chemical Ltd. and Gemilang International Ltd., companies listed on the Hong Kong Stock Exchange. Ms. Lee is a fellow member of the Institute of Chartered Accountants in England and Wales and an associate member of Hong Kong Institute of Certified Public Accountants. Ms. Lee received a Bachelor of Arts in Accountancy from City of London Polytechnic (currently London Metropolitan University) and a Master of Science in Financial Engineering from City University of Hong Kong.

Ben Koon (David) Wong, Director

Ben Koon (David) Wong is the Chairman of Prosperity International Holdings (H.K.) Limited (“PIHL”), an iron ore operator, real estate developer, and cement investment holding company in China. PIHL is listed on the Hong Kong Stock Exchange. Ben Koon is also the chairman and legal representative of Anhui Chaodong Cement Co. Limited, a public company listed on the Shanghai Stock Exchange. Mr. Wong’s professional career spans more than thirty years, including more than twenty years of experience in cement and iron ore operation.

Jionghui Wang, Director

Jionghui Wang is Assistant President of China Minmetals Corporation, a Chinese state-owned diversified metals and mining company based in Beijing, and General Manager of Minmetals Exploration & Development Co. Limited. Mr. Wang is also a Fellow of AusIMM, a member of National Sustainable Development of Land Resources Strategy Team, an executive director of Chinese Society on Economics of Geology & Mineral Resources, an executive director of Chinese Association of Mineral Resources Appraisers, a chairman of China Mining Association and a guest Professor of China University of Geosciences. Previously, he was the Deputy General Manager of the China National Geological Mining Corporation and worked for the Changchun Institute of Geology and a number of companies. Mr. Wang graduated from the Changchun Institute of Geology and holds a Master’s degree and title of Research Fellow.

Hua Bai, Director

Hua Bai is a businessman in China with more than twenty-five years of investment and commercial experience. In the early 1990s Mr. Bai founded an architecture and interior design firm in China winning a number of architectural awards. Mr. Bai commenced his career in mining exploration in North America many years ago and is currently the chairman of Northern Star Minerals Ltd. Mr. Bai has a degree in Architecture from Chongqing University in China.

Wang Xin Ting, Director

Wang Xin Ting currently serves as Chief Executive Officer and President of WISCO Canada Resources Investment Limited. He is a mining engineer by profession with over 20 years of experience with operations and investment in the iron ore mining industry. Wang Xin Ting also has a wealth of experience in overseas mining investment and management, having served as a director of Hong Kong WISCO GUANGXIN KAM WAH Resources Limited, which managed the development of the Soalala project in Madagascar. Wang Xin Ting attended the XI’AN University of Technology and Architecture in China, majoring in mining engineering and subsequently the Wuhan University of Technology and Science as the mining engineering graduate student. Wang Xin Ting also holds a Master Business Administration degree from Ohio University, USA.

Caifa Xu, Director

Caifa Xu currently serves as the Resources Development Department Head of WISCO Resources Corporation, where he is in charge of domestic and overseas iron ore project development.  He is a senior mechanical engineer, holding a Master’s degree of engineering.  He has worked for WISCO for 25 years and has extensive experience in engineering, marketing, logistics and general management in the areas in which WISCO operates.  He also has experience working in multicultural environments, having worked in Germany CDG for more than 3 years.

President & CEO
Tel: 1-416-977-3188, ext 101
Email: [email protected]