Tuesday 3 February 2015

Otmane El Rhazi : Technical value of Sula’s Sierra Leone project rises 50%

Otmane El Rhazi from Mining Weekly | Ferrous Metals Home.



Work undertaken by London-listed Sula Iron & Gold on its Ferensola iron project, in Sierra Leone, over the past year has increased the technical value of the asset by more than 50%. The iron, gold and coltan miner on Tuesday said a review by SRK Exploration Services showed an increase in the technical value of the licence area to $56-million, with the maximum potential value of the exploration asset reaching $210-million.

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