Minergy extract: We recently acquired and are developing the Madekali & Loumbou-Loumbou Iron Ore Deposits in the Republic of Location: 2°53’E, 12°17’ N
Some historic preliminary pitting and drilling has been recorded for the characterization of this area. The mineralization is a banded iron formation characterized by eolithic goethite embedded in a fine grained sandstone iron bearing band. This unit is about 2 to 4 m thick and located near or at the base of the 10 m thick sandstone-conglomerate belonging to the horizontal, Eocene, Continental Terminal formation. Read on...
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