Alderon targets 800 million to 1 billion tonne resource at 28 to 32% iron with 2011 drill program launch
Alderon Resource Corp. (TSX.V: ADV) (OTCQX: ALDFF) is pleased to announce that its summer/fall 2011 drill program has commenced at the 100% owned Kamistiatusset (“Kami”) Iron Ore Project in western Labrador. The CDN $11 million program will consist of 26,000 metres (m) of drilling and is designed to upgrade the current resource as well as expand the known zones of mineralization and target new areas.
Image by Alderon Resource Corp