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Equatorial Resources Prepares for March Arbitration as Guinea Iron Ore Targets Impress
7:03pm on Monday 2nd of June, 2025 AEST
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Mining
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Equatorial Resources Prepares for March Arbitration as Guinea Iron Ore Targets Impress
7:03pm on Monday 2nd of June, 2025 AEST
Key Points
Final arbitration hearing against Republic of Congo scheduled for March 2025
Exploration Target at Nimba Alliance Project estimated between 260–660 million tonnes of iron mineralisation
High-grade iron assays up to 66% Fe confirmed at Canga D1 and hard rock T5 targets
Company holds $12.6 million cash reserves to fund exploration and legal proceedings
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Equatorial Resources (ASX:EQX)
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