Akora Resources Ltd. (AU:AKO) has released an update.
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Akora Resources Ltd. has reported promising results from its 2024 drilling campaign at the Bekisopa Project in Madagascar, with 58 out of 61 drill holes intercepting high-grade iron mineralization. This development could expand the project’s direct shipping ore resource, supporting plans for a low-capital start-up operation with a new Mineral Resource Estimate expected in early 2025. The company aims to capitalize on the high-grade iron ore potential to enhance project financials and extend mine life.
For further insights into AU:AKO stock, check out TipRanks’ Stock Analysis page.
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