Ore Reserve Estimation, Iron Ore And Taconite In Minnesota

Estimating the Iron Ore reserves of Minnesota are directly related to both the geology of the deposit and the Scandinavian heritage of its people. The flat lying deposits, when properly prospected, make estimating easy and accurate across wide areas of the Mesabi Range. It also makes taxation simple on the unmined reserves. The reserves are their heritage and all the people should benefit, not just the owners. Heritage also dictates that newly discovered ores were there before discovery, hence, subject to the omitted property tax and liable for six years back taxes.