VANCOUVER, BRITISH COLUMBIA — (Marketwire) — 08/03/11 — Alderon Resource Corp. (TSX VENTURE: ADV)(OTCQX: ALDFF) ("Alderon") is pleased to announce preliminary metallurgical results based on analysis and interpretation by BBA Inc. of the testwork available to date on the 100% owned Kamistiatusset ("Kami") Iron Ore Project in western Labrador. Projected weight recovery and iron recovery will be 37.8% and 82.8% respectively. The concentrate produced will have a P50 of appro