Alderon Resource Corp TSXV:ADV announced assays from the Central Rose and North Rose zones of its Kami Iron Ore Project in western Labrador. Highlights include 29.5% iron over 241.5 metres, 31.3% over 154.7 metres, 29.4% over 319.5 metres, 29% over 98.4 metres and 33.4% over 102.2 metres.
COO Matt Simpson commented, “We continue to see strong and consistent results at both Central and North Rose and look forward to releasing our initial resource estimate on Rose Central and Mills Lake in March.” The goal for the initial resource is to delineate 400 to 500 million tonnes at a grade between 28-32% iron ore.
View Company Profile
Mark J Morabito
by Ted Niles