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Drill rigs are currently turning at Adavale’s
Kabanga Jirani nickel project in Tanzania

surveys to that at The Adavale board is also supported by
200m spacing, all non-executive chairman Grant Pierce OAM,
before we began a long-time businessman in Africa and a
our own exploration member of the team that built Tanzania’s
activities on these first ever gold mine – Resolute Mining Ltd’s
licences. Golden Pride project – in addition to serving
“We have lay- as an executive general manager with Barrick
ered and modelled Gold Corp.
so much geological “I think everyone can tell we’re very serious
data that has accel- about what we’re doing with the kind of ap-
erated our process pointments that we’ve made,” Ritchie said.
of exploration. “It’s a very Tanzanian focused team, we
“The exploration have three decades of mine builders on
that we did, starting board.”
in December, gave As nickel prices continue to perform bull-
us a good indication ishly, Adavale is focused on penetrating the
of elevated nickel battery minerals market using the resurgent
was exercising its best due diligence. and copper.” Tanzanian investment case.
“We’ve been methodical, but we’ve been As Adavale looks to advance its project to a “EV battery grade nickel is our vision,”
fast-tracking it too,” he said. “We began our level comparable to its neighbour – Kabanga Ritchie said. “We’ve got the right metal, right
exploration fieldwork initially at the end of Nickel has a 58mt @ 2.62% nickel resource time, right place, right team.
last year and have been able to drill within – the company has enlisted the help of some “President Suluhu Hassan has certainly
six months of that.” accomplished nickel explorers, including new grown a mining investment platform; it’s firmly
The Kabanga Jirani project is made up of non-executive director John Hicks of Pano- established and it’s growing as examples
seven grant licences covering 1,145sq km, ramic Resources Ltd fame. show. Tanzania has become a great place for
expanded from an original two licences that “John Hicks is excellent,” Ritchie said. “He business without a doubt.”
were bolstered by acquired BHP Ltd data. has been responsible for some significant
“The BHP data was significant,” Ritchie nickel sulphide discoveries with more than 40 – Fraser Palamara
said. “We have airborne surveys at 400m years of experience. He’s an absolute nickel
spacing that we modelled. We added VTEM sulphide expert.”

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