Nimba is a world class haematite iron ore project which we are aiming to fast track into production. With large tonnage DSO potential, low contaminants and access to infrastructure, which all translate into relatively low capital expenditure; it sets itself apart from many of the other large scale African iron ore projects.

Mr Andrew Groves CEO of Sable Mining said that "We maintain a tight control on our finances and we are well capitalized to advance our primary projects."

He added that "The year ahead is set to be extremely exciting and we would expect a significant re rating in our share price as we de risk our project portfolio and investors realize the true potential of our assets."

Source - Sable Mining Africa Limited

(www.steelguru.com)