The Assay TV is joined by Paul Bibby, managing director and CEO of Akora Resources (ASX: AKO), a Melbourne based company focused on advancing its flagship Bekisopa Iron Ore Project, located in Madagascar.
Paul explains that since listing in December 2022, Akora has achieved great progress at its Bekisopa project, including extensive drilling, product trials, and a maiden resource. The 2020 and 2021 drilling campaigns clearly confirmed an extensive iron ore body along the 6km strike at the project.
Most recently, the company announced infill drill results from an 86-hole 2022 drill campaign, Paul states that these substantial at surface intercepts, grading above 63% iron, appear to be suitable for lump and fines direct ship ore.
The enhanced resource classification of DSO tonnes and grade across the project’s Southern Zone will also be included in an updated MRE – which the company expects mid-2023.
Website: www.akoravy.com
Primary ticker: ASX:AKO
Stages of development: Exploration, Development
Commodity: Iron Ore
Project to promote: Bekisopa
Project Location: Madagascar