Armadale Capital: Exploration Update and Licencing Applications Commence at Mahenge Liandu

Armadale, the AIM quoted investment company focused on natural resource projects in Africa, is pleased to announce that the exploration and development programme at the Mahenge Liandu Graphite Project in Tanzania (‘Mahenge Liandu’) is now well underway for 2018.
As quoted in the press release:

Nick Johansen, Director of Armadale said: “We are pleased at the progress we are making in developing Mahenge Liandu and hope to see an upgrade to the mineral resource estimate by the end of February, which we believe will provide investors, and potential end users, with a better sense of the size and scale of our Mahenge Liandu project. In addition to proving up the resource potential of the Project, these results will feed into the ongoing Scoping Study, which remains on track for completion in Q1 2018, marking an important milestone in the advancement of our Project. In support of this development, we are delighted to confirm that the environmental and social studies have commenced earlier than expected. With these results due in the near term and a new exploration programme commencing as soon as the weather permits, we are expediting project development on all fronts. 2018 is set to be incredibly active and we look forward to regularly updating shareholders on progress in the forthcoming weeks and months.”

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