Equatorial Resources Strikes High-Grade Iron in Guinea

Equatorial Resources Limited (AU:EQX) has released an update.

Equatorial Resources Limited has reported promising initial exploration results at its Nimba Alliance Iron Ore Project in Guinea, revealing high-grade iron mineralisation with assays up to 66% Fe. The project, which is in close proximity to the infrastructure-supported Nimba Iron Ore project, identified significant mineralisation at two primary target areas, D1 and T5, with both showing extensive high-grade ore over 10km strikes. This exploration underscores the project’s potential in a region known for its iron ore deposits, offering an optimistic outlook for investors.

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