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Akora Resources Ltd. ( (AU:AKO) ) has shared an announcement.
Akora Resources Ltd. has successfully completed its trenching program at the Bekisopa iron ore project in Madagascar, marking a significant step in defining the surface DSO mineralisation between planned mining pits. The program involved 339 metres of trenching and 365 samples for analysis, with initial data confirming consistent iron mineralisation. This progress supports Akora’s confidence in the Bekisopa deposit’s scale and quality, and the company is preparing to apply for a mining license to unlock the project’s full economic potential. The recent political stability in Madagascar, with a new government focused on reform, is expected to facilitate Akora’s operations and attract international support.
More about Akora Resources Ltd.
Akora Resources Ltd. is a company operating in the mining industry, primarily focusing on the exploration and development of high-grade iron ore projects. Their key project is the Bekisopa Direct Shipping Ore (DSO) Iron Ore Project located in south central Madagascar.
Average Trading Volume: 151,682
Technical Sentiment Signal: Sell
Current Market Cap: A$14.57M
For detailed information about AKO stock, go to TipRanks’ Stock Analysis page.