Alderon Intersects 29% Iron Over 320 Meters

Alderon Resources (TSXV:ADV) announced additional assay results Kami Iron Ore Project in western Labrador.

The press release is quoted as saying:

True widths of the reported intercepts above vary depending on the angle of the individual drill holes and are estimated to be between 61% and 100% of the core interval as reported. All samples were prepared from sawn NQ-sized half-core sections on site in Labrador. Split drill core samples are then sent to SGS Mineral Services in Lakefield, Ontario for analyses. Total iron analysis is performed using X-ray fluorescence (XRF) and the magnetic component is determined by Satmagan magnetic analysis. Standards, blanks, and duplicate assays are included at regular intervals in each sample batch submitted from the field as part of an ongoing Quality Assurance/Quality Control program

Matt Simpson, Chief Operating Officer of Alderon, said:

“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,”

To access the full release, click here.