Australia's Akora Resources hits over 2-month high on iron ore finds

Akora Resources

11/01/2022 03:41

** Shares of Akora Resources  AKO.AX  rise as much as 5.2%
to A$0.253, their highest since Nov. 26, 2021
    ** The mineral explorer confirms https://www.asx.com.au/asxpdf/20220111/pdf/454x0532m2pmfv.pdf
 continuous iron mineralization at its Bekisopa iron ore project
in central Madagascar
    ** Says the Bekisopa Central Zone has potential for co to
realise a large, near surface, high-grade area of iron
mineralization; able to be readily upgraded to "very high-grade
premium products"
    ** Stock posts biggest intraday pct gain since Dec. 31, 2021
    ** Akora Resources up ~2.1% so far this year, as of last
close 
    


 (Reporting by Upasana Singh in Bengaluru)
 ((Upasana.Singh@thomsonreuters.com))