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Afferro Mining Inc (LON:AFF) - Ntem updated NI 43-101

Friday, Mar 01 2013 by

Mar 01st 2013 - Edison Investment Research today published a report on Afferro Mining Inc (AFF.L, LSE:AFF, LON:AFF) entitled "Ntem Updated NI 43-101". In summary, the report says:

Afferro released an update on its Ntem iron ore project in Cameroon. The second phase of the drilling campaign was completed, with seven out of 23 drill holes returned, with consistently higher-than-average grades for magnetite. The company guides a maiden resource estimate and preliminary Davis Tube testwork results in Q213. The infrastructure scoping study, which will assess the economics of road haulage, is due in March.




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Edison Investment Research is a leading international investment research company. It has won industry recognition, with awards both in the UK and internationally. The team of 95 includes over 60 analysts supported by a department of supervisory analysts, editors and assistants. Edison writes on more than 400 companies across every sector and works directly with corporates, fund managers, investment banks, brokers and other advisers. Edison’s research is read by institutional investors, alternative funds and wealth managers in more than 100 countries. Edison, founded in 2003, has offices in London, New York and Sydney and is authorised and regulated by the Financial Services Authority (www.fsa.gov.uk/register/firmBasicDetails.do?sid=181584). more »