Afferro Announces Clarification

Afferro Mining Inc. (TSXV:AFF) announced a clarification regarding its Nkout project in Cameroon.

As quoted in the press release:

• The Company’s disclosure of the mineral resource estimate for its Nkout project in Cameroon combined the Indicated and Inferred components of the resource, which is contrary to section 2.2 (c) of NI 43-101, due to the uncertainty of inferred resources;
• The current Indicated mineral resource estimate at Nkout is 0.9Bt at 32.7% iron and the current Inferred mineral resource estimate is 1.1Bt at 31.6% iron. These resource estimates were produced by SRK Consulting (UK) Ltd. (“SRK”) and are effective as at 15 November 2011.

Click here to read the Afferro Mining Inc. (TSXV:AFF) press release.