Scale and continuity confirmed for Bandjougoy at Baniaka
Filed with ASX · · 20 pages · English
Summary by 6ix AI
Genmin Ltd. has announced significant results from its diamond drilling program at the Bandjougoy prospect, confirming the scale and continuity of iron mineralisation. The results indicate a substantial thickening of iron mineralisation, validating the potential for a large-scale open pit mining operation. The company expects to release assays for the remaining drill holes in the coming weeks, which will trigger a maiden Oxide Mineral Resource estimate. These findings support Genmin's strategy to develop mining infrastructure at Bandjougoy as part of its Baniaka project.
Written by 6ix AI from the company’s filing. How 6ix writes summaries
Story so far
Earlier from Genmin
- Third non-binding offtake MoU for 2Mtpa signed
- Genmin signs offtake MoUs with Chinese parties
- Baniaka Delivers Excellent Value-In-Use Results
- Bandjougoy Drilling Confirms Scale and Potential
- Baniaka Delivers Premium 65% Fe Product Results
Later from Genmin
- Baniaka products to attract price premiums
- Genmin locks in renewable, hydroelectricity for Baniaka
- Corporate Presentation
- Baniaka Mineral Resource grows by 168% to 700 million tonnes
- 100% Bandjougoy DID Mineral Resource converted to Indicated
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