Sula Iron and Gold, the West African focused multi-commodity exploration company, has commenced drilling at its Ferensola iron project located in the mineral rich Sula-Kangari Greenstone Belt in Sierra Leone.
This is part of a 2014 exploration programme that aims to define a JORC direct shipping ore (DSO) iron mineral resource estimate by the end of 2014, targeting DSO mineralisation contained in a 3.1km banded iron formation, proven to extend from African Minerals’ 12.8Bt Tonkolili iron mine in Sierra Leone
“With infill drilling now underway, Sula is set to significantly advance the Ferensola project as we look to prove up the iron mineralisation potential with a focus on defining a JORC DSO iron mineral resource estimate by the end of 2014,” said Sula CEO Nick Warrell.
“Defining a maiden resource will be a major milestone for the company and I am confident that with a fully funded programme, a proven exploration team and established infrastructure we have the necessary foundations in place to achieve this.”
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Sula Iron and Gold set to significantly advance Sierra Leone project