Cap-Ex Iron Ore Ltd. is a Canada-based mineral resource company. The Company is engaged in the exploration of iron ore properties (the Properties) covering an area of approximately 33,395 hectares in the Labrador Trough region, near the town Schefferville, Quebec. The Company’s properties include the Schefferville Properties (29,675 hectares) and the Lac Connelly Property (3,720 hectares). The Schefferville Properties are located in Newfoundland and Labrador and consists of the Block 103, Redmond, and Snelgrove properties. The Lac Connelly Property is located in Quebec. The Company is focused on the development of its wholly owned Block 103 iron ore project, which covers 7,275 hectares within the Labrador Trough, 30 kilometers northwest of the mining town of Schefferville near the border of Quebec, Canada. The Redmond Properties are located 10 to 30 kilometers southwest of Schefferville, covering an area of 14,300 hectares.