• Reserve (334): 108 million tons.
• Grade of TFe :29.90%~45.11%, average: 35.44%;

                 mFe: 13.23%~39.08%, average: 23.78%. 

Geographical location:

The project is located in northern Kissdougou of Guinea, 30km away from Kissdougou and 680km away from capital Konak.

Overview of the working area:

The prospecting area in located in South of Kraton in west Africa and it’s mainly composed of archean stone.

The main development in this area is fracture structure along northwest, and then is strike-slip faclt along northeast and east-west.

The acid magmatite (granite) from early and middle Archean are the most widely distributed mineral, then are the neutral magmatites (diorite), a little basic,ultrabasic rocks (pyroxenite、gabbro、breccia), pyroxene granite, quartzite, and etc.

Features of ore bodies:

Magnetite ores come from complicated anorthosites. The ore bodies are layered and they are 1.01~18.80m in thickness, 1000m in length, extend 150m to tendency and the trend angles are 42°～65°.

Quality of ores:

• Magnetite is the main mineral in ores, and the next are pyrite and pyrrhotite.
• The main gangue minerals are pyroxene and quartz, then are chorite、 uralite and carbonates minerals.
• The ores are in granoblastic texture and they are in banded and massive structure. The main chemical components are Fe₂O₃、SiO₂、CaO、Mg and Al₂O₃; the minors are  TiO₂、K₂O、Na₂O _an_d etc_.
• Microelement_{s i}nclude Li、Ga、Ge、Ba、B、Bi、Cd、Co、Cr、Pb、Cu、Zr、V、Sn_、Zn_、Ag and etc.

• Pre-survey completed.
• 6 drlling engerneering: 1,732.24m
• Conventional logging: 1,722.43m
• 1:10000 geologic measurement: 10km2
• 1:2000 magnetic profiling measurement: 2,807m