Alderon Confirms Iron at Mills Lake with 30% Iron

Alderon Resources (TSXV:ADV) announced the results from the drill program for the Kamistiatusset Iron Ore
Project in western Labrador.

The press release is quoted as saying:

All 15 drill holes at Mills Lake intersected iron mineralization and collectively demonstrated that the Mills Lake deposit is larger and thicker than initially expected.

Matt Simpson, COO of Alderon, said:

It’s exciting to have our expectations exceeded in terms of thickness at Mills Lake and be able to add this zone to our upcoming resource estimate”

To access the full release, click here.