
Drilling results add momentum to African iron ore project
African -focused iron ore explorer Waratah Resources has announced updated drilling results and development progress at its Youkou iron ore project. The Youkou project is on the Ivindo Massif in the north west of the Democratic Republic of Congo and hosts a number of large-scale iron ore development areas. Since two company-owned and operated diamond drill rigs began work on site in late January, 13 holes have been completed totalling more than 649m of drilling. Waratah reported that a significant new area of potential iron ore mineralisation was encountered in hole YKD033, where mineralisation was discovered from 0m to 63m at 37 per cent iron, including 15m at 44 per cent, using the hand-held Niton XRF. “This hole is significant…