Akora Resources Ltd (ASX:AKO) CEO Paul Bibby tells Proactive the company has lifted the mineral resource estimate (MRE) for the Southern Zone of the Bekisopa Iron Ore Project in Madagascar to 5.54 million tonnes of direct shipping ore (DSO) grading 60.35% iron in the inferred category, which is 34% more DSO tonnes than estimated in April last year and at a higher grade. Within this MRE is 4.42 million tonnes of DSO grading 60.86% iron in the indicated category, which the company believes is suitable for a selective mining DSO start-up with relatively low mining and processing capital and operation costs.
Akora welcomes boost to Bekisopa’s Southern Zone iron ore MRE
