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Adriana Resources funds Labrador Trough iron-ore project beyond 2020

Despite a glut of iron-ore expected to persist for several years, Adriana Resources on Monday consolidated its belief in the Lac Otelnuk project, located in Eastern Canada’s so-called Labrador Trough, by making an investment that would fund the costs for the Lac Otelnuk Mining (LOM) joint venture beyond 2020.