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Alderon Iron Ore Corp. (TSX:ADV,NYSE:AXX) announced it has filed a technical report with SEDA on the Kamistiatusset iron ore property in Labrador.
Alderon Iron Ore Corp. (TSX:ADV,NYSE:AXX) announced it has filed a technical report with SEDA on the Kamistiatusset iron ore property in Labrador.
As quoted in the press release:
The Rose Central Deposit, together with Mills Lake Deposit and North Rose Deposit of the Kami Property, have an Indicated Mineral Resource estimate of 490 million tonnes at 30.0% iron and an additional Inferred Mineral Resource estimate of 598 million tonnes at 30.3% iron at a cut-off grade of 20%. The effective date of the Mineral Resource estimate is October 26, 2011. Mineral resources that are not mineral reserves do not have demonstrated economic viability.
Click here to read the Alderon Iron Ore Corp. (TSX:ADV) press release.
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