25th Jun 2015 08:10
LONDON (Alliance News) - Sula Iron and Gold PLC Thursday said it has completed the independent check sampling at its flagship Ferensola project in Sierra Leone and is currently re-evaluating all of the data at the project.
In total, 108 samples were collected which have been dispatched for sample preparation and assaying. Work is currently in progress to consolidate all data into a conceptual geological model to identify an exploration target and to assist in the development of a suitable exploration drill programme, to generate the maiden mineral resource estimate for Ferensola.
Sula shares were up 2.9% to 1.59 pence per share on Thursday morning.
By Joshua Warner; joshuawarner@alliancenews.com; @JoshAlliance
Copyright 2015 Alliance News Limited. All Rights Reserved.
Related Shares:
Sula Iron & Gold