The reason I came up with this explanation, BTW, is because the exact same thing happened to me, and continues to happen on one of my 1911's (which I'll fix when I get around to it...already fixed one, that has me happy for now)
If I insert a dummy round into a magazine, yank back the slide and let the dummy round seat, eject the mag, and sloooowly pull back the slide...the round should NOT fall out. It should droop a little bit, but not fall out. The round should make contact with the ejector and move diagonally out.
I bet if you do the same thing with your 1911,
Zip, the round will fall totally out. (Sounds like it in your first post anyway, but this is a good litmus test)
The two basic problems would be either a) the extractor hook is too long (possible) or b) not enough extractor tension (also possible, and a lot easier to fix)
As suggested, try another magazine, but the symptoms don't fit a magazine problem, IMO.
Always remember...modify/fix/change the cheap parts first