Akora Resources Ltd. (AU:AKO) has released an update.
Stay Ahead of the Market:
- Discover outperforming stocks and invest smarter with Top Smart Score Stocks
- Filter, analyze, and streamline your search for investment opportunities using Tipranks' Stock Screener
Akora Resources Ltd. has reported promising results from its 2024 drilling campaign at the Bekisopa Project in Madagascar, with 58 out of 61 drill holes intercepting high-grade iron mineralization. This development could expand the project’s direct shipping ore resource, supporting plans for a low-capital start-up operation with a new Mineral Resource Estimate expected in early 2025. The company aims to capitalize on the high-grade iron ore potential to enhance project financials and extend mine life.
For further insights into AU:AKO stock, check out TipRanks’ Stock Analysis page.