In conjunction with the drilling program, a further CDN$2 million will be spent on ground geophysical surveys, metallurgical test work, local infrastructure upgrades and the completion of a resource estimate and scoping study.
Alderon commences drilling at Canadian iron ore project
Labrador, Canada-based Alderon Resource Corp. Wednesday announced that drilling has commenced at the Kamistiatusset (Kami) Iron Ore Project in western Labrador. A second drill rig is currently being mobilized at Kami and a third drill will be on the property by the beginning of next week. The CDN$5 million program will consist of 20,000 meters of drilling using all three drills and is expected to take five months. The drill program is designed to delineate approximately 500 million mt of iron ore.
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