AKORA Resources provided
shareholders with the assay results for the Central Zone within Bekisopa tenement 10430.
The Central Zone covers 12 drill holes, with several ending in iron mineralisation. This Zone
has potential to realise a large, near surface, high grade area with Direct Ship Ore (DSO)
potential and mineralization that is readily upgraded to high-grade premium products.
The drilling details for these drill holes are covered in ASX Announcements of 13 April and 14
September, 2021. Preliminary processing trial results are presented in this update and show
outstanding upgrading of the iron mineralisation to 70.2% Fe and reduction in impurities. Assay results for the 12 drill holes in the Central Zone within the Bekisopa project show
continuous shallowly dipping iron mineralisation from surface with four holes ending in iron
mineralization at 100.4m, confirming iron mineralisation is open at depth. Mineralisation is continuous in the northern part of the Central Zone (500m strike) and it is
considered likely that it will be continuous all the way to the southern part of the zone based
on the mineralisation intersected on Section 9300N and the continuous magnetic anomaly
between these two areas, potentially an overall strike length of some 1.8kms. Mineralisation is between 50 and 70m combined true width and dips shallowly (30-40°) to the
west as shown on the following cross sections. It is interpreted to have an even shallower dip
to the south (10-15°) and additional drilling is required to confirm this.
There appears to be a consistent surficial zone where weathering has upgraded the average
grade of the primary mineralisation, with some areas potentially direct shipping ore (DSO).
This zone has been confirmed to be over 200m wide on Section 10800N but is variable in
width depending on the dip of the primary mineralisation. In conjunction with the assaying, AKORA also conducted wet Low Intensity Magnetic
Separation (wLIMS) process trials on continuous drill core intervals from surface to 38 metres
downhole on BEKD04. The objective of these processing trials being to better understand the
upgradability of the iron mineralisation across the Central Zone.
The current wLIMS trials were on composites of adjacent drill core intervals from Bekisopa
2020 drill hole BEKD04, which is centrally located within the Central Zone. Each composite
included 6 to 8 adjoining samples, covering around 6m in length (typical height of a mining
bench), comprising a total of 3kgs per wLIMS process trial and being a more comprehensive
representation than those previous preliminary processing trials conducted and reported in
ASX Announcements 13 April, 27 April, 25 June and 12 July, 2021. These drill core photographs/composites are in approximately 6m groupings as these were
used to assess iron upgradability using (wLIMS) at a coarse 2mm crush size. At each
composite interval the drill core photos are accompanied by a description of the iron
mineralisation type, the average composites iron head grade and the resultant upgraded
wLIMS fines product grade. The wLIMS process trails were performed on six composite
groups covering from surface to 38 metres depth downhole, the deeper composite drill core
and wLIMS results. For these wLIMS process trials the composites
were crushed to 2mm and had an average of 80% passing 1.3mm.