Iron Prospect in Congo Shows High-Grade Promise

Mining Weekly reported Kilo (TSXV:KGL) shares are 13% higher after announcing promising iron ore results from its joint-venture project.

As quoted in the market news:

At its iron-ore joint venture with Rio Tinto in the Democratic Republic of Congo, Kilo said drilling results continued to indicate the project had the potential for direct-shipping ore, meaning it is of such high grade it does not need to be processed at a plant before being used to make steel.

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