Armadale Capital plc (LON: ACP) the AIM quoted investment company focused on natural resource projects in Africa.
Is pleased to confirm the Company has prepared a new presentation which may be viewed on the Company’s website through the following link: https://bit.ly/2JNUhMg.
Armadale Capital Plc is focused on investing in and developing a portfolio of investments targeting the natural resources and/or infrastructure sectors in Africa. The Company, led by a team with operational experience and a strong track record in Africa, has a strategy of identifying high growth businesses where it can take an active role in their advancement.
The Company’s main focus is its 100% owned Mahenge Liandu graphite project in south-east Tanzania. This Project is in a highly prospective region with a high-grade JORC compliant inferred mineral resource estimate of 51.1Mt @ 9.3% TGC, marking it as one of the largest high-grade resources in Tanzania. Work to date has demonstrated Mahenge Liandu’s potential as a commercially viable deposit with significant tonnage, high-grade coarse flake and near surface mineralisation (implying a low strip ratio) contained within one contiguous ore body.
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