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Alderon Resource Reports Drilling Assay Results from Kamistiatusset Iron Ore Project

Alderon Resource Corp. (TSX VENTURE:ADV)(OTCQX:ALDFF) has announced assay results from the ongoing drill program on the Kamistiatusset Iron Ore Project in western Labrador.

A total of 20,520 meters (m), representing sixty drill holes completed or in progress, have been drilled on the Kami Project to date, with results received for the first 21 holes.

"These results continue to demonstrate the consistency of the depth and width of the Rose Lake Zone as we progress southwest," says Matt Simpson, Chief Operating Officer of Alderon.

All drill holes to date have tested the north eastern half of the Rose Lake Zone.

True widths of the reported intercepts vary depending on the angle of the individual drill holes and are estimated to be between 15% and 53% of the core interval as reported. 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.

Alderon's exploration work on the Kami Property is supervised by Edward Lyons, P.Geo., the Chief Geologist for Alderon and a Qualified Person as defined by NI 43-101. Mr. Lyons has verified that the assay results presented above have been accurately summarized from the official assay certificates provided to Alderon.

Source: Alderon Resource Corp.

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