AKO – Akora Resources Ltd

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Company Profile

Akora Resources Limited is an Australia-based exploration company. The Company is engaged in the exploration and development of the Bekisopa Project, the Tratramarina Project and the Ambodilafa Project, iron ore projects in Madagascar. It acquires a 75% interest in Iron Ore Corporation Madagascar sarl (IOCM). IOCM’s key asset is the Bekisopa iron project. The Bekisopa project consists of three granted research permits (PRs) and one granted small scale mining permit (PRE), which covers approximately 93.5 square kilometers (km2) and located approximately 220 kilometers (km) from the west coast. The Tratramarina project is approximately 16 km from the coast and prospects comprise five licenses and cover an area of approximately 162.5 km2 and is situated 160 km southeast of Antananarivo on the east coast of Madagascar. The Ambodilafa Project is located approximately 45km from the coastal town of Nosy Varika and 75 km southwest of Mahanoro which is a natural transhipping port location.

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