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Afferro Mining Hits 60.65% Fe over 46.5m at Nkout in Cameroon
Posted on April 23, 2012.
Afferro Mining is a mining exploration company, focused on projects in West Africa.
The company currently trades on both the TSX Venture and London AIM, under the ticker symbol AFF. Afferro drilled 46.5m of 60.65% Fe at the Nkout property. Nkout is a +20km long strongly magnetic itabirite iron ore deposit, in Cameroon. Currently, Nkout has a mineral resource of 2 B/t @ 32.2% Fe.
Drilling of the magnetite Banded Iron Formation (“BIF”) at the Nkout West target indicates that mineralisation extends to 400m below surface
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