Adavale Resources Limited begins fully-funded first drilling on Tanzanian nickel project

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Drilling has started on Project Target 1 and to date six high priority drill targets have been verified and 12 remaining targets have been refined.

Adavale Resources Limited () has launched a first fully funded diamond drilling program on its 100% owned Kabanga Jirani Nickel project in Tanzania.

The company’s initial exploration identified 18 targets out of four permits – Kabanga N, Kabanga E, Kabanga W and Kabanga NE.

The company has started drilling on Target 1 of the project and, to date, six high priority drill targets have been verified through modeling of geochemical and geophysical results.

Adavale also refines the remaining 12 targets for final verification and modeling of other drill targets.

“A strong choice of targets”

Adavale CEO Allan Ritchie said: “The fact that the platform is running for the first time is a big milestone for any explorer.

“We now have a solid choice of targets that we have worked hard to refine and prioritize to ensure we get the most out of our platform when the time comes.

“Target 1 ticked a lot of boxes from the start, so we’re excited to see the first hearts coming.

“From restructuring the company to acquiring licenses and exploring in the field, interpreting the data to starting drilling within 10 months is a remarkable achievement.

“We look forward to updating our shareholders with continued announcements over the coming weeks and months, which we hope will include some exciting interceptions.”

Target 1

Exploration and survey work identified important qualification vectors that coincide with Target 1, providing indications of potential underlying mineralization.

Nickel and copper level anomalies coincide at the surface and magnetic depressions indicating ultramafic intrusion.

The company’s overall program is fully funded to include approximately 3,000 meters of planned diamond drilling on eight targets.


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