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Tawana Resources NL


Tawana Resources NL (ASX:TAW) is an Australian iron ore explorer developing a low cost, high-grade (+65% Fe), sustainable iron ore operation in the African nation of Liberia. The Mofe Creek project has a maiden resource of 62Mt at 33% Fe. TAW has completed preliminary drilling on just four of potentially 26 mineralised zones within its tenements. Both tenements are 100% owned and host friable, soft itabirite mineralisation – ideal for efficient upgrading to a superior iron ore product. The company is conducting a Pre-Feasibility Study for a mine at Mofe Creek and expects to have results by Q4 of 2015.