Arrow Minerals Limited (AU:AMD) has released an update.
Arrow Minerals Limited has announced promising initial exploration results from its Simandou North Iron Project, with high-grade iron assays of up to 63% Fe from surface and ongoing drilling campaigns. The company is also progressing a ‘speed to market’ strategy led by industry expert Jeremy Sinclair and has appointed key advisors to advance logistics and environmental assessments for the project. With further assay results pending and five rigs operational, Arrow aims to rapidly develop a direct shipping grade iron mining operation in Guinea, leveraging upcoming multi-user rail infrastructure.
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