Akora Resources Limited (ASX: AKO) has announced significant iron ore mineralization results from its Bekisopa Project in Madagascar. In their fourth drilling campaign, the company completed 65 drill holes totaling 904.9 meters in August. The drilling, conducted on a 50m-by-50m grid, covered both the northern and central zones of the project. The results revealed an average intercept depth of 11.2 meters of iron ore mineralization. Notably, iron ore mineralization was found to average approximately 18.0 meters along a 6km strike in the northern zone and 9.2 meters in the central tenement.
Additionally, Akora Resources included nine shallow drill holes beneath outcropping iron ore rock formations in the Southern zone, east of the 2022 drilling campaign area. These holes aimed to explore the possibility of mineralization extension in that region. All drill core samples containing iron ore mineralization have been sent to the OMNIS Laboratory in Antananarivo for assay pulp preparation, with delivery to ALS Perth scheduled for October and November. These findings represent a promising development for Akora Resources and its Bekisopa Project.
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Nextgen Global Services Pty Ltd trading as Kapitales Research (ABN 89 652 632 561) is a Corporate Authorised Representative (CAR No. 1293674) of Enva Australia Pty Ltd (AFSL 424494). The information contained in this website is general information only. Any advice is general advice only. No consideration has been given or will be given to the individual investment objectives, financial situation or needs of any particular person. The decision to invest or trade and the method selected is a personal decision and involves an inherent level of risk, and you must undertake your own investigations and obtain your own advice regarding the suitability of this product for your circumstances. Please be aware that all trading activity is subject to both profit & loss and may not be suitable for you. The past performance of this product is not and should not be taken as an indication of future performance.