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	Podcast:		Small Caps
	Episode:		Akora Resources (ASX: AKO) cashed up to advance Madagascar iron ore project (w/ Paul Bibby)
	Category:		Business
	Duration:		00:22:42
	Publish Date:		2023-05-30 22:00:00
	Description:		Akora Resources (ASX: AKO) managing director Paul Bibby joins Small Caps to discuss the company’s successful recent capital raising and plans for its Bekisopa iron ore project in Madagascar. Akora raised $2.3 million to add to its war chest, which came with strong support from well-known mining identity Stu Crow. The new cash injection will assist Akora in its plans to follow-up recent exploration success at Bekisopa. he company’s confidence in the commercial prospectivity at Bekisopa has been boosted by testing of at-surface weathered DSO iron. A DSO lump bulk sample returned an outstanding grade of 67.75% iron, with the results highlighting a significant cost advantage for the project. That was backed up by the return of a fines bulk sample grade of 64.65% iron. Articles: https://smallcaps.com.au/akora-resources-green-steel-future-samples-return-high-grade-assays/ https://smallcaps.com.au/akora-resources-pending-mining-permits-processing-madagascar-eiti-upgrade/ For more information on Akora Resources: https://smallcaps.com.au/stocks/AKO/ See omnystudio.com/listener for privacy information.
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