Armada Metals Ltd (ASX:AMM)’s Ross McGowan highlights the Southern Gabonese Nyanga Project’s progress since the company listed in December with Proactive’s Andrew Scott.
The company believes the project potentially holds a new magmatic mineralising system on the margins of the Congo Craton, prospective for copper and nickel.
The company says its well-funded for future exploration, having just received a renewal of a permit that includes the 25-kilometre-long Libonga-Matchiti Trend, Armada’s top exploration target which is currently being drilled in a 3,000-metre program.