Arrow accelerates scoping study on Guinea bauxite project
Australia-listed Arrow Minerals has launched a scoping study for its Nagara direct shipping ore bauxite project in Guinea, advancing the study concurrently with resource estimation.
The decision reflects the company’s confidence in the project’s potential to become a Tier 1 mineral deposit, driven by encouraging results from a recently completed drilling programme.
From the programme of 184 holes drilled, 154 holes returned 887 m grading above 40% aluminium oxide from a total of 2 163 m sampled.
“Given that the project is showing all the signs of being a Tier 1 mineral deposit, we are not waiting until resource modelling is complete to progress the work we can. Everything that can be done in advance is under way. The study is likely to focus on the thickest and largest areas of high-grade mineralisation drilled to date,” said MD David Flanagan.
Highlighting the strategic advantages of Guinea’s bauxite, he said that potential customers had already provided guidance on product specifications.
“We are well positioned to take advantage of the premium pricing which can be achieved for Guinea bauxite, which is widely recognised for its favourable specifications.”
With record alumina and bauxite prices, Arrow is prioritising rapid advancement of the project. “We are at a time of record alumina and bauxite prices, and we fully intend to move as quickly as possible to deliver resources, scoping and feasibility studies, achieve regulatory approvals and secure product sales,” said Flanagan.
Arrow’s strategy involves developing starter projects, such as Nagara and Simandou North, which can expand into larger mining operations once production begins. The proximity of these projects to key infrastructure is expected to support scalable development.
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