FinTech

Adavale Resources: Expands Kabanga Jirani project, Tanzania

Adavale Resources Expands Kabanga Jirani project, Tanzania

  • Adavale Resources (ADD) increases its quality nickel exploration tenure in Tanzania
  • The company’s Tanzanian subsidiary has been granted the Kabanaga Southeast Wedge prospecting licence
  • Adavale also triggered the acquisition of 65 per cent of the Luhuma farm-in prospecting licenses
  • All up, the company now holds roughly 1311 square kilometres of land in the East African Nickel Belt
  • ADD shares are up 4.55 per cent and trading at 2.3 cents at 2:02 pm AEDT
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Steve Sam
Steve Sam
Steve Sam is a financial reporter, analyst, and commentator with a strong focus on banking technology, digital payments, and the future of financial services.

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