Baobab Resources Plc (LON:BAO) Ruoni North Continues to Deliver
Baobab Resources Plc (LON:BAO) is an iron ore, base and precious metals explorer with a portfolio of exploration projects in Mozambique. The Company is pleased to present an update of activities at the Massamba Group iron / vanadium / titanium project where a 160Mt resource upgrade was announced on 30 August 2011, the first of three resource statement updates expected before the end of 2011. The Company continues to target a resources base of 300Mt of iron ore by the end of 2011.