(via NewsDirect)
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.
“It is very encouraging to report upgraded DSO tonnes and grade from last year’s infill drilling campaign," Bibby said.
“These 5.54 million tonnes will be the mined tonnes for a lower processing capital and operating cost DSO start-up.
“Beneath the weathered DSO Eastern zone is a high-grade magnetite iron mineralised zone, of 34 million tonnes at 45.3% iron, that could become the focus of an economical Green Steel concentrate production start-up.”
Akora is preparing for an additional 800 metres of DSO infill drilling across the Bekisopa Northern and Central zones to further expand the start-up DSO tonnage.
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