AKO 3.57% 14.5¢ akora resources limited

“The high ratio of Magnetite to Hematite in both the shallow DSO...

ANNOUNCEMENT SPONSORED BY PLUS500
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM
CFD Service. Your Capital is at risk
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
  1. 318 Posts.
    lightbulb Created with Sketch. 233

    “The high ratio of Magnetite to Hematite in both the shallow DSO and deeper primary Magnetite mineralisation makes magnetic surveys combined with chip sampling powerful pre-drill exploration tools.”



    Huge result, that magnetic banding looks prime for a long life shallow mine. Yes we need to drill but the correlation from rock chip + magnetic to drilling results is high. We could be looking at 3x plus for all of the resource estimates/targets we had for Bekisopa. I’m sure the potential strategic investors are paying even closer attention now.



    Last edited by NonPolar: 21/03/24
 
watchlist Created with Sketch. Add AKO (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.