Equatorial Resources Limited (AU:EQX) has released an update.
Confident Investing Starts Here:
- Easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions
- Receive undervalued, market resilient stocks right to your inbox with TipRanks' Smart Value Newsletter
Equatorial Resources Limited has identified a significant initial exploration target of 260 to 660 million tonnes of iron ore at their Nimba Alliance Project in Guinea. The estimated grades range from 35% to 65% Fe, with further exploration planned to determine the potential for developing this resource. The discovery positions the company within the iron-rich Nimba Iron Ore Corridor, with existing and prospective transport solutions enhancing the project’s economic viability.
For further insights into AU:EQX stock, check out TipRanks’ Stock Analysis page.
Trending Articles:
Looking for a trading platform? Check out TipRanks' Best Online Brokers guide, and find the ideal broker for your trades.
Report an Issue