The Wabana Iron Ore Properties

Introduction The prosperity of any country today is dependent upon the efficiency and growth of its primary steel industry. The ?march of the United States of America to its present commanding position in world affairs parallels the growth of its steel industry. The remarkable growth of that industry was possible only because bountiful providence endowed that country with adequate supplies of the raw materials necessary for steel making -coal and iron ore. If we accept this hypothesis, and surely we must, then to what extent can we envisage the future of our own country? This symposium deals with the most important of the raw materials required for steel making -iron ore. If we are blessed with a bountiful supply of iron ore, then surely a glorious future awaits only our taking advantage of that blessing. It is becoming increasingly evident that Canada has immense iron ore deposits. It is my privilege to make you acquainted with one of these, one that can only be classified as among the more important ore reserves in the world. I refer to the Wabana ore deposits in Newfoundland. Location These deposits lie under the floor? of Conception bay, off the east coast of Newfoundland. They consist of a series of beds which outcropped for a distance of about three miles on the northeastern shore of Bell Island, dipping at approximately 8° toward the northwest. This three-mile outcrop is the only key to the occurrence.