Akora Resources Ltd. (AU:AKO) has released an update.
Don't Miss our Black Friday Offers:
- Unlock your investing potential with TipRanks Premium - Now At 40% OFF!
- Make smarter investments with weekly expert stock picks from the Smart Investor Newsletter
Akora Resources Ltd. has successfully completed a 500m infill drilling program at its Bekisopa Iron Ore Project in Madagascar, paving the way for a Pre-Feasibility Study for a high-grade iron ore operation. With the aid of a recent A$3.8 million funding, the company is progressing towards a potential 2 Mtpa Direct Shipping Ore production, while also preparing for initial drilling at the Satrokala Project in July following environmental permit approval.
For further insights into AU:AKO stock, check out TipRanks’ Stock Analysis page.