AKORA Resources Ltd CEO Paul Bibby tells Proactive the company thinks it has hit significant iron mineralisation following its fourth drilling campaign at the Bekisopa Iron Ore Project in Madagascar. The campaign covered 904.9 metres across 65 drill holes, and AKO says iron mineralisation was particularly strong in the project's northern and central zones. The drilling took place on a 50-metre-by-50-metre grid and averaged an intercept of 18 metres along a 6-kilometre strike in the northern zone, and 9.2 metres in the central tenement. The campaign sets the stage for a scoping study to be released by the end of October.
AKORA Resources expects early cash flows from Bekisopa Iron Ore Project
