PRESS RELEASE
HPX completes acquisition of St John River iron ore licenses in Liberia and received approval from the Government.
St John River licences previously owned by BHP and cover combined area of almost 250 km2 adjacent to the existing Yekapa-Buchanan Rail Corridor.
This acquisition marks a significant milestone in increasing the HPX’s operating footprint into Liberia
Historical mapping work by USGS demonstrate significant showings of Banded Iron Formations with potential to hold 650 million tonnes of iron ore up to 58% Fe