AKORA Resources completed an initial magnetic survey at its 100% owned Satrokala Iron Ore Project in Madagascar, covering approximately 610km.

The survey, conducted with seven geologists and three magnetometers, focused on 10km of the identified 30km potential mineralisation strike.

Results from the survey, expected in the first quarter 2024, will guide the selection of drilling sites scheduled for the following quarter.

The survey was supervised by Planetary Geophysics, Australia, using methods similar to those employed in the Bekisopa Project in 2019.