Akora Resources Ltd

AKORA Resources (ASX: AKO) has completed 260 metres of a planned 300m trenching campaign to expand the direct shipping iron ore (DSO) resource at its high-grade Bekisopa iron ore project in Madagascar. The company is utilising local contract labour to assist with the mapping of historical trenches and pits across the tenement, focused on the zone […]

AKORA Resources (ASX: AKO) has continued to advance plans for the production of up to 2 million tonnes per annum of 60% iron average grade direct shipping ore (DSO) from its Bekisopa project in Madagascar for export to blast furnace steelmakers. The company is also potentially looking to upgrade the ore to a +67% iron concentrate for shipping […]

AKORA Resources (ASX: AKO) has commenced surface trenching exploration at its wholly-owned Bekisopa project in Madagascar, aimed at expanding the footprint of the near-surface direct shipping iron ore (DSO) resource. The program will focus on visible outcropping zones of potential DSO in areas outside of the known mineral resource, noting that some 60% of the known […]

AKORA Resources (ASX: AKO) has received strong support as it moves to raise approximately $2.91 million to support further development of its Bekisopa iron project in Madagascar. AKORA is conducting the capital raising is being undertaken through a placement of fully paid ordinary shares to raise approximately $0.83m and a non-renounceable entitlement offer of fully […]