Iron – ACM Gabon

Beneath Our Feet, The Dreams of Ages

Iron Exploration

Prospecting and exploration methods of iron ore involve preliminary steps to actual field exploration - such as geological mapping, aerial photography, geochemical and biogeochemical studies, electrical and geophysical surveys (including aeromagnetic and gravimetric surveys), and drilling.

Minkebe Iron Project

The Minkébé Iron (Fe) project highlighted that the BIF and amphibolite within the Minkébé permit are extensions of the Belinga deposits.

Historical prospecting by BRGM in the 1960s and the SYSMIN project (2009) indicated iron oxides with 54–67% Fe content and weathered canga with 50.3–60% iron oxide. Despite identifying mineralization, lateral and depth extensions were not delineated. ACM geologists confirmed BIF/Itabirite outcrops.

An airborne survey with magnetic, radiometric, and gravity methods by NRG Xplorer was completed, covering 7,580 line-km. SRK interpreted the data, generating potential iron ore targets, including hematite at shallow depths and magnetite at greater depths.

SRK proposed a scout drilling program of over 20,000 meters of core drilling, to begin in Q2 2025.

ACM is aiming to complete a Pre-Feasibility Study and declare a Mineral Ore Reserve of over 600 Mt of high-grade iron ore by the end of 2026.