New Millennium Iron Corp.

New Millennium Iron Corp. updated on the progress to date of its direct shipping ore project and the planned start-up schedule of production by Tata Steel Minerals Canada, a joint venture between NML and Tata Steel, in 2012. As per the attached schedule, the installation of the equipment is expected to be completed in Q4, 2012 followed by operation start up and ore production by year end.

New Millennium Iron Corp. announced today that its joint venture partner Tata Steel Minerals Canada Limited has entered into a life of mine Confidential Rail Transportation Contract and Locomotive Rental Agreement with Quebec North Shore and Labrador Railway Company Inc., a wholly owned subsidiary of the Iron Ore Company of Canada, for the transportation of iron ore products produced from the Direct Shipping Ore [...]

New Millennium announced today new drill core assay results from its Howells Lake and Perault Lake properties. Before winter, NML completed three drill holes in the Howells Lake area and two drill holes in the Perault Lake area. NML expects to start additional drilling on those properties by early March, 2012.

New Millennium adds information to yesterday's news release NR 12-02, as the drill core assay results for Hole No. 11LR1029D were missing from Table 1, which are provided below. NML published the first results of 15 holes on December 8, 2011 (NR 11-38) and the additional results on January 19, 2012 (NR 12-02), which contained results for 31 holes. NML has now added the results for Hole No. 11LR1029D, which was [...]

New Millennium announced today additional drill core assay results from its 100% owned Lac Ritchie property where 40 holes for a total of 3,800 m were drilled in 2011. NML published results of 15 holes on December 8, 2011 (NR 11-38). The assay results received to date represent 32 out of the 40 holes.

New Millennium is pleased to congratulate General Rick Hillier as a new recipient of the Order of Canada. General Hillier became a member of the Board of Directors of New Millennium in late 2011 and we are proud to acknowledge this great achievement. Lee Nichols, Chairman of NML, said, "Our Board is very pleased that General Hillier has been recognized by this distinguished award in our country. General Hillier is an [...]

New Millennium announced today additional drill core assay results from its 100% owned Lac Ritchie property. The drilling on this property was completed on October 11, 2011 and during that period 40 holes for a total of 3,800 m were drilled. The assay results received to date represent 15 out of 40 holes drilled at Lac Ritchie.

New Millennium announced today that General Rick Hillier has joined its Board of Directors. Lee Nichols, Chairman of NML, said, "Our Board is honoured to have General Hillier, a distinguished Canadian leader, as a member. He brings to NML his great knowledge of Canada and his home province of Newfoundland and Labrador. We appreciate having his advice and leadership qualities needed to bring NML's mega projects to [...]