Akora Resources Limited ("AKO") is a Melbourne based mineral exploration company which was incorporated in October 2009. AKO has three prospective exploration target areas comprising some 308 km2 of iron ore tenements.
Bekisopa is the flagship project with its high grade ~65% lump iron ore suitable for Direct Ship Ore (DSO). Our focus post the successful capital raising on the Australian Securities Exchange (ASX) is to build on the quality historical geological knowledge and drill to define a +100 million tonne JORC CODE 2012 compliant high grade lump direct ship iron ore maiden resource.
Rio Tinto and the Sumitomo-Korea Resources-SNC-Lavalin consortium are the largest investors in the mining sector in Madagascar with the 2006 Fort Dauphin mineral sands and 2010 Ambatovy laterite nickel developments respectively. Both are large scale long life operations which required in-country investments of approximately US$900 million and US$7.0 billion respectively.
+61 3 9381 0859
211 McIlwraith Street
North Carlton
Victoria, Australia 3054
ACN 139 847 555