Arrow Minerals (ASX:AMD) said maiden resource work at its Niagara bauxite project in Guinea is on track for reporting in March as part of its strategy to fast-track a scoping study, according to a Tuesday Australian bourse filing.
The scoping study is on track for completion by June, per the filing. It is also engaging in offtake and strategic partnership discussions for the project.
The firm added that it is on track to report process plant capital and operating costs for its Simandou North iron project, also in Guinea, in the June quarter.
Arrow Minerals' shares fell nearly 3% in recent trading on Tuesday.
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