90 Seconds With… Allan Ritchie, Adavale Resources (ASX:ADD)
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Got 90 seconds? Then listen to CEO, Allan Ritchie tell us about their company news.
Adavale Resources (ASX:ADD) is a junior explorer and owns 100% the Kabanga Jirani Nickel Project, a collection of 7 geologically and geophysically targeted licences spanning 1,145km2 next-door and proximal to the world’s largest development ready high-grade nickel sulphide resource, namely the Kabanga Nickel Deposit (58Mt @2.62% Ni), located along the highly prospective Ni-Cu-Co-Cr-PGE precinct of the Karagwe-Ankolean belt in Tanzania.
Adavale also owns 100% of the Lake Surprise Uranium project in South Australia with 3 licences spanning 400km2 in the highly uraniferous Lake Frome embayment about 60km from Boss energy’s Beverly assets and Four mile.
Adavale’s ongoing diamond drilling program at the Kabanga Jirani nickel project in Tanzania has intersected mafic intrusions hosting mineralised sulphide veins.
In preparation to commence exploration the Lake Surprise uranium project in South Australia, Adavale has identified extensive helium anomalies in a desktop study which are potential pathfinders for the presence of uranium.
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