Press Release - January 18, 2013

St. John's - Altius Minerals Corporation is pleased to report that on January 16th, 2013 Alderon Iron Ore Corp. ("Alderon") (ADV:TSX) filed its Feasibility Study Technical Report regarding its Kami Iron Ore Property in western Labrador. The report is available on SEDAR at www.sedar.com.

Altius is a co-founder of Alderon and owner of 32.9 million Alderon shares. In addition to its equity, Altius holds a 3% Gross Sales Royalty on Alderon's Kami iron ore property. Altius shareholders are encouraged to review the feasibility study inputs and results with particular note of Alderon's estimate of royalty payments that will be due to Altius, which is contained within section 22-4 of the report.

Altius wishes to extend congratulations to Alderon on achieving this significant milestone. View press release list
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