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Afferro Mining files new NI43-101 report on Nkout iron ore project
A P Geofrey ―
Posted on Dec 31st, 2011
The Cameroon News ― Iron ore miner Afferro Mining (LON:AFF, CVE:AFF) has filed a technical report which is compliant with the NI43-101 standard on its Nkout project in Cameroon.Investors welcomed the news as shares in the company rose 3 percent to trade at 53 pence in early deals, valuing the company at £55.1 million. The latest NI43-101 compliant report on Nkout, which was unveiled in November, showed a 41 percent increase in the total resource to 2 billion tonnes grading 32.2 iron. Afferro said that the[...]
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