Adavale Resources: Expands Kabanga Jirani project, Tanzania

January 24, 2023

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ASX-listed explorer focussed on its Kabanga Jirani Nickel Project adjacent the world’s largest undeveloped NiS resource

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Steve Sam is a financial reporter, analyst, and commentator with a strong focus on banking technology, digital payments, and the future of financial services.

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