logo-loader

Sula Iron & Gold completes topographic survey at Ferensola

Published: 17:03 24 Jun 2014 AEST

ironsteel350x230_53a93a1c24e10

Sula Iron and Gold (LON:SULA) has completed a high-resolution topographic survey of its main iron ore target at its 100% owned Ferensola project in Sierra Leone.

The survey was required to calculate accurate volumes of material for the Mineral Resource Estimate (MRE) and to provide confidence in the topography.

The photographs are processed to give an initial Digital Surface Model, which will be further processed to give a Digital Terrain Model.

Sula is currently focused on delineating a maiden JORC compliant iron resource estimate and evaluating the gold prospectivity at Ferensola.

The 153 sq. km licence area is contiguous to African Minerals' operational Tonkolili iron mine, which has a JORC compliant resource of 12.8 bn tonnes iron mineralisation.

Power Metal Resources 'in prime position' as it builds mid-tier scale business

Power Metal Resources PLC's (LON:POW) chief executive Paul Johnson tells Proactive's Andrew Scott they've been building 'furiously' over the past couple of years and are now a global operation with projects in North America, Africa and a gold joint venture in Australia to give shareholders broad...

on 23/12/20