Hi All.
Economy News say African Aura,s Nkout could be bigger than SDL,s Mbarga.
I just had a look at the first drilling results from African Aura,s Nkout tenement 25,000 drilling plan.
They are no where near as good as SDL,s Mbarga.
Drilling so far at Nkout over a 3kl section has found.
Not many holes drilled over the 3kl section.
Reported results on 20 of 33 holes with deepest down to 443mts.
Compare with first 30 odd drill holes at Nabeba for 200Mt at plus 60%Fe.Down to 143mt deep.
No Itabirite resource figures at present from Nabeba given.
Nkout only 7.01Mt at +55%Fe average 58%Fe = SDL Mbarga 215.2Mt at +60%Fe
Nkout total resource 1.04Bt at 34%Fe = Mbarga total resource 215.2Mt at +60%Fe (plus) 2325Bt at 38%Fe.
The majority of the 1.04Bt was Magnetite BIF = 878.6Mt.
Regards
Westcott.
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