Ferrex Announces Nayega Project Gets Positive Manganese Resource Estimate

Mineweb reported that the maiden resource estimate at Ferrex’s (LSE:FRX) Togo-based Nayega project returned 6.3Mt @ 14.1% manganese.

As quoted in the market news:

Overview

• Maiden Inferred Resource of 6.3Mt @ 14.1% manganese (‘Mn’)
• Ore easily amenable to low cost upgrade through screening and gravity
• Resource estimated on results of 77 pits dug on 100m centres along east-west lines spaced 200m apart

Click here to read the full Mineweb report.