Our Products

Iron Bull Mining and Milling is developing sales channels for three products:

  • Iron Ore Concentrates as Pellet Mill Feed - Iron Bull plans to produce high grade iron ore concentrates through conventional crushing and grinding followed by a two-stage magnetic separation process. As a shipped product, concentrates are currently favored over pellets due to less damage suffered on ocean voyages. Pricing for iron ore concentrates has risen steadily in the last three years and is forecast to rise again in 2008.

  • Iron Ore for Cement – Except for white cement, all cements contain one to five percent iron. Cement used in concrete in the western U.S. requires a higher iron content, to counteract the corrosive effects of the alkaline soils. Iron Bull currently sells crushed, run-of-mine ore stockpiled by Geneva Steel s to local cement company operators.

  • Aggregates – There is a high demand for aggregate material in the area between Cedar City, Utah, and Las Vegas, Nevada. The limestone and quartz monzonite waste rock at the Iron Mountain site has excellent properties for the manufacture of aggregate to be used in concrete, asphalt, and other construction materials, and its removal is an important part of ongoing reclamation efforts.


    • IRON MOUNTAIN

    Location: Iron County, Utah
    Minerals: Magnetite Iron (Fe)


    Fast Facts

    Iron Mountain

    • Palladon Iron Corporation was founded in 2005 as the private operating subsidiary of Palladon Ventures Ltd., a Canadian public company. Palladon Iron Corporation began doing business as Iron Bull Mining and Milling in 2007.
    • Mormon pioneers discovered the area’s iron deposits in 1849, and began furnace operations in 1852.
    • Approximately 80 million metric tons of iron ore have been produced from the district from about 1869 through the most recent operations, which ceased in 1996.
    • Previous operators include the Columbia Iron Mining Company, the Colorado Fuel and Iron Corporation (CF & I), U.S. Steel, USX, and Geneva Steel.
    • The Iron Mountain project is positioning to become the major source of iron ore in the western United States.
    • Iron Bull plans to mine, process, and ship approximately 2 million tons of iron ore concentrates per year when construction is complete. Iron Mountain is connected by rail to markets on the West Coast by the 14-mile Iron Bull Railroad spur.

    A RICH HISTORY

    Southwestern Utah has been known for its iron for more than 150 years. (Read more)

    PROFILE

    The Iron Mountain Project consists of 5,930 acres of net mineral claims and surface acres located in the Iron Springs District, approximately 20 miles west of Cedar City, southwestern Utah. The project is roughly divided into two areas on Iron Mountain; the Comstock/Mountain Lion pit, on which production ceased in 1995, on the east side of the mountain, and the Rex deposit on southwest side of Iron Mountain. The southerly part of the claim includes five old pits: Blowout, Blackhawk (or Columbia) Pinto, Burke, and Duncan, on which production ceased before 1975. The property package includes 400 acres of irrigated agricultural farm land containing 2,000 acre feet in water rights.

    The Comstock/Mountain Lion pit has an approved state of Utah Large Mine Plan in place for the resumption of work. The existing Mining and Reclamation Plan is considered to be sufficient for the resumption of mining activities in the Comstock/Mountain Lion pit and stockpiles. Total district production from inception to the present is estimated to be about 80,000,000 metric tons.

    ROAD

    The Comstock/Mountain Lion mine is located on the east flank of Iron Mountain, 3 miles north of Highway 56, accessible by a graveled, two-lane county road. The Rex deposit on the southwest flank of Iron Mountain is located about 1.5 km northeast of Highway 56, and presently is accessed by several one and two-lane mine property roads.

    POWER

    Electrical service and natural gas are available to Iron Mountain. Natural gas delivered by pipeline is available in Cedar City and the Kern River large-diameter natural gas pipelines pass through the Escalante Valley several miles northwest of Iron Mountain. Several secondary electrical power lines are in place at Iron Mountain and the Comstock/Mountain Lion mine.

    RAIL

    The Union Pacific Railroad main line from Salt Lake City to Los Angeles passes through Lund, Utah, with spur service on heavy-duty rail to Iron Springs and Cedar City. The 14.6-mile Iron Mountain spur line track and switching facilities remain intact and ready for use.