Ferrex signs drill contract with Geoserve

AIM-listed iron ore and manganese development company, Ferrex, has reported that a drill contract has been signed with Geoserve with two in-country rigs to be mobilised to test a 1.8km zone of iron ore mineralisation at Ferrex's Mebaga DSO Iron Ore Project in northern Gabon.

AIM-listed iron ore and manganese development company, Ferrex, has reported that a drill contract has been signed with Geoserve with two in-country rigs to be mobilised to test a 1.8km zone of iron ore mineralisation at Ferrex's Mebaga DSO Iron Ore Project in northern Gabon.

Ferrex said that it is targeting a maiden JORC resource in the second half of 2013, with the initial drilling campaign expected to take two to three months.

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