DFS21 May 2015 12:43
NORTHLAND CAPITAL PARTNERS VIEW: The completion of the Definitive Feasibility Study and the establishment of a maiden Ore Reserve at the Nayega Manganese Project, located in Togo, are major milestones for Ferrex. The updated study results in the simplification and modularisation of the plant but other elements of the study remain largely unchanged. A third party review of the DFS is currently underway as part of the financing due diligence, and further details of the DFS will be published once the review is completed and the mining permit is issued.