Koton-Karfi Iron Ore Project

Koton Karfe, Nigeria

Key Information

Location

Koton-Karfi, Koton-Karfi LGA, Kogi State

Deposit 

Limonite magnetite, goethite hematite

Exploration Status

Detailed exploration by National Steel Raw Materials Exploration Agency

Reserves

850 million tonnes

Quality

51.6%

Geology: 

The deposit occurs as sedimentary ores of Oolitic iron stones, consisting of oolitic and pisolitic iron stone covering Koton-Karfi-Okofi ridges and plateau. Over 13m thick of iron stone with an overburden cover of 6.73m. 

Exploration: 

  • Detailed exploration by the National Steel Raw Materials Exploration Agency.
  • Geological maps (1:20000).

Location: 

It is located at Koton-Karfi, Koton-Karfi LGA, Kogi State and bounded by longitudes 6’00’12- 6’55’02E and latitudes 7’55’00-8’00’18N. 

Infrastructure: 

  • Access to site from Lokoja, Capital of Kogi State, along Abuja-Lokoja dual carriage road. 
  • About 135km from Abuja International Airport 
  • Close to rail line from Itakpe to Ajaokuta Steel Plant. 
  • Dredging of River Niger from Lokoja to the coast will ease transportation.

Good

Licensing Round

Exploration

Either

Yes

1. Applying for mineral titles with a view of wholly owning the mining rights.

2. Partnering with existing title holders for detailed exploration as consultants and specialists.

3. Partnering with existing title holders in joint venture agreement to explore, mine and market resources of area of interest.

4. Legal transaction in commodities won in quarries and operations for export. 

Potential investors are invited to use the in-built messaging platform to request any further information. 

Listing Information

Kogi State, Nigeria

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