Alderon Iron Ore Corp. (AXXDF)

[LGL8054]

http://www.alderonmining.com/projects/kami/

Kami Iron Ore Project

TECHNICAL REPORT

Click here for the complete NI 43-101 report on the Kami Iron Ore Project (PDF 7.56 MB)

HIGHLIGHTS

* Potential for near term iron ore production
* The goal of the 2010 and 2011 exploration programs is to delineate 600 to 800 million tonnes with grades between 28 to 32% iron
* Transportation infrastructure already in place






LOCATION

The Kami Property is strategically located next to the mining towns of Wabush, Labrador City and Fermont. The property includes 191 claims in Labrador and 5 Quebec Mining Titles for a total of 4,775 hectares.

Kami is located 6.4km East of Consolidated Thompson's Bloom Lake Deposit and is in close proximity to a road (~2.5km), a railway (~4.5km) and a hydro power station (~15.5km). There are two railway options to transport the material to the deep sea ports and four port options which all provide year round access to the global market.