AKORA Resources provided shareholders with the first rock chip sample assay results from the 100% owned Bekisopa Southwest tenements in a region called Satrokala, located 40km southwest of the main Bekisopa project area. In total, 102 rock chip samples were collected, assayed, and showed very encouraging assay results. The sample locations cover a strike length of approximate ten kilometers with a potential width of one kilometer within tenements 27211 and 35827.

The first rock chips assay results ranged in iron grade from 16.33% up to 68.03%Fe and averages 58.77%Fe. Excluding iron assays less than 58%Fe the average iron grade increases to an excellent 64.5%Fe. Some forty kilometers southwest of AKORA's Flagship Bekisopa tenements are the unexplored tenements 27211 and 35827.

These initial rock chip results are very encouraging and indicating that at Satrokala there is potentially another significant iron resource comparable to AKORA's Flagship Bekisopa project, subject to the completion of systematic and successful exploration activities. From the 102 rock chip samples from across Satrokala tenements 27211 and 35827 there are 37 samples that achieved greater than 65%Fe and another 20 that graded between 60% to 65%Fe. These 57 rock chips delivered an average iron grade of 65.3%, very high-grade lump iron.

Very encouraging high-grade rock chip samples identified across the Satrokala tenements, 35827 and 27211, which is around 40 kilometers southwest of AKORA's Bekisopa iron project. Rock chip assays ranging from 68% iron to 16% iron were gathered from across the two main Satrokala tenements with most of the assays, 87%, averaging 62% iron. More than half of the rock chip assay results, fifty-seven samples, were greater than 60% iron with an average of 65.3%Fe, very high-grade lump iron ore.

Generally, the higher-grade iron is magnetite making those iron rocks readily separated using magnetic techniques to produce lump and fines iron ore products.