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Akora Resources identifies DSO potential at Bekisopa iron ore project

From caesarsreport.com

Akora Resources (AKO.AX) released the assay results from 18 shallow diamond drill holes completed on its Bekisopa iron ore project in Madagascar where it has identified iron ore mineralization over a strike length of in excess of 4 kilometers. The initial drill results are very encouraging with for instance 6 meters containing 67% Fe and 15 meters containing 65% Fe which are both handsomely meeting the DSO requirements which generally requires an average grade of 56-58%. In fact, the encountered grades exceed the benchmark grade of 62% Fe which could indicate this type of DSO could command a price premium of a high ... (full story)

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  • Category: Fundamental Analysis