Nimba North World-Class Iron Ore

Amir Mirchi, the CEO of Sarmin Metals Ltd said that we are delighted to announce our shareholding agreement after an extensive review of the permit and deposit. The project has been greatly de-risked and high-grade DSO targets have been identified with past and ongoing works. The SML’s Nimba North deposit sits within the Nimba corridor, where a recent surge in investment has led to the start of multiple iron projects by top-tier international mining companies. 

Commenting on this announcement, Stephane Rigny the chairman of SML said: this is an incredible achievement and important milestone that is in line with SML inspiration and its shareholder expectations. Development of SML’s iron ore projects also offer investment opportunities to the community of investors and iron ore players given the project near-term high grade DSO production and most importantly, its long-term value with an ultra high-grade product.

Sarmin Metals Ltd. is a socially responsible values-based business with the inspiration to become a mineral play by capturing and developing the most unique business opportunities in partnership, building a flexible balance sheet, and delivering near to medium-term value to its shareholders and local community.