M4M 0.00% 1.8¢ macro metals limited

BFS of its large Iron ore Agbaja Cast Steel Project expected soon!

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    by the look of now , it will be out early 2021, or anytime now!
    PROJECT OVERVIEW

    The Agbaja Project is located on the Agbaja Plateau in Kogi State, Nigeria, approximately 200 kilometres from the capital city, Abuja. The Plateau hosts an extensive, shallow, flat-lying channel iron deposit (CID) and Kogi Iron has determined a Probable Ore Reserve of 205 million tonnes at a grade of 45.7% iron (Fe), estimated in accordance with the JORC (2012) code. Mineral Resources on the plateau are 586 million tonnes with an in-situ grade of 41.3% and comprise an Indicated Mineral Resource of 466 million tonnes at 41.4% Fe and an Inferred Mineral Resource of 120 million tonnes at 41.1% Fe, all estimated in accordance with the JORC (2012) code.



    Kogi Iron aims to deliver a hallmark project of national significance in Nigeria
    The bankable feasibility study results for the Agbaja Cast Steel Project are expected by end-2020.
    https://static1.*.com.au/thumbs/upload/News/Image/2019_10/672z311_1571135309_shutterstock_785213917.jpg
    Nigerian investment policies support hallmark projects of national significance

    Kogi Iron Ltd is advancing to the bankable feasibility study (BFS) stage for its Agbaja Cast Steel Project in Nigeria.
    The BFS results are expected by end-2020 to support equity funding and financing for the project.

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