Sula Iron to release updates on JORC-compliant next week

12th Dec 2014 11:29

Iron ore and gold explorer Sula Iron said it expects to reports on the JORC compliant mineral at Ferensola Project, Sierra Leone, in the week commencing 15 December.In a statement released on Friday, the firm said the estimate follows the completion of the BIF-2 magnetometer survey at the project and the recently completed placing which raised £600,000.Sula shares soared 23.08% on Friday to 2.40p at 12:22.

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