Adavale Resources confirms existence of massive nickel sulphides at Luhuma Central prospect in Tanzania

Explorer Adavale Resources (ASX:ADD) has confirmed the presence of massive nickel sulphides at the Luhuma Central prospect within its Kabanga Jirani Nickel Project in Tanzania, East Africa.

The company, which has a $14.46 million market capitalisation, says results generated from 2 diamond holes (DDLUHC001 and 002) returned nickel (Ni) grades up to 0.99% Ni. 

Adavale reports the drilling encountered 4.13m of massive sulphides and 4.90m of blebby and heavily disseminated sulphides, respectively. Mineralised intersections are interpreted to be connected between drillholes, leading to the belief that these sulphide-bearing intervals would approximate their true thickness. 

These sulphides are noted to be coincident with a ‘strong’ discrete audio-magnetotelluric (AMT) anomaly that can be traced to the north and south on AMT lines L1, 2, and 3. 

Drilling was completed as part of a 5,000m combined diamond drilling and reverse circulation (RC) drill program designed to test a series of targets generated by the company on the Luhuma trend. This area is a historically recognised zone of ‘strongly’ elevated gravity and electromagnetic (EM) anomalism. 

The company also notes that drillhole DDLUHC003 is currently underway about 60km north of the 2 assayed holes and is scheduled for completion this week. Additional step-out drilling is expected to follow in order to further test the AMT anomaly to the north and south.      

Commenting on the results, Adavale Resources Executive Director David Riekie says: “These preliminary assay results for the initial drilling at Luhuma Central have confirmed the presence of nickel-bearing sulphide intersections in our first two completed drillholes. These results are extremely encouraging as we continue to drill and seek to unlock the strike potential of this mineralisation, based on our extensive AMT, soil, and EM datasets covering this area. 

These results are extremely encouraging as we continue to drill and seek to unlock the strike potential of this mineralisation”

We have cased the Luhuma Central diamond holes and will soon commence the downhole electromagnetic (DHEM) surveys on each hole to assist with this ongoing drilling program. DHEM is a critical tool to effectively drill the interpreted 1-1.5km extension.”

Adavale Resources is a nickel sulphide explorer that holds a 100% interest in both the Kabanga Jirani and Lake Surprise Uranium projects, located in Tanzania and South Australia, respectively. 

The Kabanga Jirani project lies along the Karagwe-Ankolean belt in Tanzania and comprises 12 ‘highly prospective’ granted licences covering a total land area of 1,216km-square. 

Adavale Resources had $1.27 million cash at hand on 31 March 2023, as stated in its latest quarterly report released on 28 April 2023. 

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Images: Adavale Resources Ltd
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Written By Adam Drought
Born and raised in the UK, Adam is a sports fanatic with an interest in Rugby League and UFC/MMA. When not training in Muay Thai and Brazilian Jiu Jitsu, Adam attends Griffith University where he is completing his final year of a Communication & Journalism degree.