Company News: Alderon Resource
Updated: 07 Sep 2010
Based on drilling to date, the Kami Property may contain 200-250 million tonnes with grades between 28 - 35% iron. These grades are analogous to those at Consolidated Thompson's Bloom Lake Deposit. The goal of the 2010 $7.5 million program is to delineate 400-500 million tonnes at grades between 28-34% iron. The potential tonnage and grade are conceptual in nature and it is uncertain if further exploration will delineate a mineral resource.
Continued worldwide demand for steel will keep driving iron ore prices upward and Alderon is well positioned to benefit from the continued demand. The Alderon team is comprised of skilled professionals with significant iron ore expertise to advance Kami towards production.
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Most Recent Company News
- North Rose results - 21 Apr 2011 12:05pm
Drilling at the North Rose zone of Alderon Resource Corp’s Kamistiatusset iron-ore project in Labrador has confirmed mineralisation outside the current resource envelope Read more... - Alderon assays - 04 Feb 2011 11:17am
Infill and exploration drilling at Alderon Resource Corp’s Kamistiatusset iron-ore project in Labrador has intersected wide zones of mineralisation Read more... - Alderon intercepts - 15 Oct 2010 11:18am
Infill and step-out drilling at the Kamistiatusset iron-ore property in western Labrador has intersected wide zones of mineralisation, according to Alderon Resource Corp, which holds an option over the property Read more... - Kami intercepts - 03 Sep 2010 11:47am
Alderon Resource Corp has intersected wide zones of iron-ore mineralisation in initial holes of an ongoing drilling programme at the Kamistiastusset (Kami) property in western Labrador Read more...
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