The Knob Lake Iron Ore Deposits

IN JULY 1954, the first iron ore from the deposits in the Knob Lake vicinity was mined and shipped to Seven Islands. The beginning of the production may well be the greatest advance in Canadian economy in the past fifty years. In 1955, the Canadian iron ore output was more than twice that of 1954, an in-crease due principally to the iron ore shipments from the Knob Lake area. Previous to this, Canada's iron production was 1.85 per cent of the world's output. Now, this percentage has risen to approximately 5.5 per cent and shows every indication of increasing further as the production rate from the area is increased. In 1955 the Iron Ore Company of Canada shipped over 7 million tons of iron ore and expects to ship over 10 million tons in 1956. Present facilities may be enlarged to handle up to 20 million tons per year. If the expected I 0 million tons per year are exported, Canada's iron exports will be second only to her wheat and newsprint exports. Before production began from the Knob Lake deposits, years of development were necessary in the area. Geologists spent several summers mapping the general area in order to unravel the complicated stratigraphy and petrology. Particular attention was paid to the mapping of the iron formation and all stages of alteration from fresh iron formation to ore were observed.