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22 Jul
09:20

Equatorial's Nimba estimates large Guinean iron mineralisation

Australia-listed Equatorial Resources Ltd has estimated between 260 and 660 million tonnes of iron mineralisation at a grade of 35-65% Fe at its T5 exploration target, one of six targets at the Nimba Alliance iron ore project in Guinea. The Exploration Target has been prepared and reported in accordance with the JORC Code and includes 5-20mt of weathered itabirite iron mineralisation grading 45-65% Fe, and 255-640mt of primary compact itabirite iron mineralisation…
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