ADV Alderon Iron Ore Corp

NOT FOR DISSEMINATION IN THE UNITED STATES OR FOR RELEASE TO U.S. NEWSWIRE SERVICES

Alderon Resource Corp. (TSX VENTURE:ADV) ("Alderon") is pleased to announce the
appointment of Mr. Edward Lyons, P.Geo., as Chief Geologist. Mr. Lyons has been
an active exploration and development geologist for over 35 years and has been
involved in a variety of projects in North and South America, including the
Labrador Trough iron ore projects of Consolidated Thompson Iron Mines Ltd
("Consolidated Thompson").


From 2002 to 2008, Mr. Lyons worked for Quinto Mining Corp (Quinto), which had
projects in northeast Quebec and western Labrador. Quinto was purchased by
Consolidated Thompson in June 2008 and Mr. Lyons continued on as Chief Geologist
into 2009. During his time with Consolidated Thompson, Mr. Lyons executed a
12,000 metre (m) program that generated a resource of approximately 700 million
tonnes at 30% Iron oxide. From his experience in the Labrador Trough, Mr. Lyons
has a thorough understanding of the structural and metallurgical complexities of
these types of deposits.


"We are very pleased that Edward has joined our team," says Mark Morabito,
President and CEO of Alderon. "His expertise in project management coupled with
his knowledge of the Labrador Trough iron ore projects will be invaluable in
driving our Kami Project through the development phase and beyond."


Drilling Contract

Alderon is also pleased to announce that it has signed a drilling contract with
Landdrill International Inc. ("Landdrill") for the 20,000 m drill program that
is scheduled to commence June 1, 2010 on the Kamistiatusset ("Kami") iron ore
project in western Labrador. The three drills will be mobilized onto the
property at the end of May and will remain for the duration of the program,
which is expected to take 5 months. The program will total approximately $7
million and is designed to delineate approximately 500 million tonnes of iron
ore in the inferred and indicated categories.


Landdrill is an international company that has drilled throughout the world and
in extreme conditions. The Canadian branch is located in western Quebec and the
Landdrill management team has a combined total of 150 years experience in the
drilling industry.


The Kami Property is located within the Labrador Trough and is surrounded by
producing iron mines. Kami is located 6.4 kilometres (km) east of Consolidated
Thompson's Bloom Lake Deposit and is within close proximity to road, railway and
the mining towns of Wabush, Labrador City and Fermont.


Additional information and maps showing drill hole locations, as well as the NI
43-101 Technical Report for the Kami Property (dated February 12, 2010), can be
found on the Company website at: http://www.alderonmining.com.


About Alderon

Alderon is a leading iron ore exploration and development company in Canada. The
Kami Project is located within an existing iron ore district and is slated for
near term production. The Alderon team is comprised of skilled professionals
with significant iron ore expertise to advance Kami towards production.


Stewart Wallis, P.Geo., a Qualified Person as defined by NI 43-101, has reviewed
and is responsible for the technical information contained in this news release.


For more information on Alderon, please visit our website at www.alderonmining.com.

ALDERON RESOURCE CORP.

On behalf of the Board

"Mark Morabito", President & CEO

This new release may contain forward-looking statements. These statements are
based on current expectations and assumptions that are subject to risks and
uncertainties. Actual results could differ materially because of factors
discussed in the management discussion and analysis section of our interim and
most recent annual financial statement or other reports and filings with the TSX
Venture Exchange and applicable Canadian securities regulations. We do not
assume any obligation to update any forward-looking statements.

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