Alderon Iron Ore Corp AXXDF

Alderon Iron Ore Corp is a Canada based development-stage company. It is conducting iron ore evaluation activities related entirely to its Canadian properties located in western Labrador in the province of Newfoundland and Labrador. The company's operating segment is the acquisition, exploration, and evaluation of mineral resources. Its flagship project is the Kami Iron Ore project located in the Labrador Trough.

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Alderon Iron Ore Corp

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Comment by SuperBrownManon Jan 09, 2013 1:05pm

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Post# 20815724

RE: Drop in deposit size?

High quality ore body with a strip ratio of 1.66
Proven and Probable Reserves of 668.5 M tonnes at 29.5% iron
Proven: 431.7 M tonnes at 29.%
Probable: 236.8 M tonnes at 29.2%
Measured and Indicated Resource
(15% cut-off grade and is inclusive of Mineral Reserves)
Rose Central
Measured: 249.9 M tonnes at 29.4%
Indicated: 294.5 M tonnes at 28.5%
Inferred: 160.7 M tonnes at 28.9%
North Rose
Measured: 236.3 M tonnes at 30.3%
Indicated: 312.5 M tonnes at 30.5%
Inferred: 287.1 M tonnes at 29.8%
Total
Measured and Indicated: 1.1 B tonnes at 29.6%
Inferred: 447.8 M tonnes at 29.5%