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Alderon Iron Ore Corp. (TSX:ADV,NYSE:AXX) announced it has completed its exploration drill program and is ready to begin a feasibility study at its Kami iron ore project in Canada.
Alderon Iron Ore Corp. (TSX:ADV,NYSE:AXX) announced it has completed its exploration drill program and is ready to begin a feasibility study at its Kami iron ore project in Canada.
As quoted in the press release:
The drilling program of 32 holes, totalling 12,300 metres, which began in mid-January and ended 30 April 2012, has concentrated on infill drilling within the currently defined mineral resource estimate in the North Rose area. The goal of this program is to upgrade the current mineral resource into the Measured and Indicated categories in preparation for the Feasibility Study expected in Q3 2012.
Click here to read the Alderon Iron Ore Corp. (TSX:ADV) press release.
