Armadale begins RC drilling in Tanzania
23rd Sep 2016 14:28
(ShareCast News) - Natural resources investment company Armadale Capital announced on Friday that reverse circulation drilling has commenced at its high-grade Mahenge Liandu Graphite Project in Tanzania. The AIM-traded firm said drilling has begun over a 2km strike length within the project area, wi
Read moreArmadale looks to share risk exposure of Mpokoto project
22nd Sep 2016 14:25
(ShareCast News) - Armadale, a South African based mining company, saw activity decelerate at its Mpokoto Gold Project, as it sought alternative financing, and raised doubts as to whether a planned drilling campaign at its Mahenge Liandu project had begun. The outfit was looking to find arrangeme
Read moreArmadale Capital confirms graphite mineralisation at Mahenge Liandu
16th Aug 2016 15:11
(ShareCast News) - AIM-listed investment company Armadale Capital said the geological mapping carried out at its recently acquired high-grade Mahenge Liandu graphite project in south-east Tanzania has confirmed extensive areas of graphite mineralisation. The company, which focuses on natural resour
Read moreArmadale finds high-grade graphite at Liandu
20th Jun 2016 11:42
(ShareCast News) - Natural resources investment company Armadale Capital announced on Monday the discovery of high grade graphite mineralisation at the Mahenge Liandu Graphite Project in south east Tanzania. The AIM-traded firm said the mineralisation of up to 33.8% total graphite content has been d
Read moreFeasibility study results promising at Armadale's Mpokoto project
8th Feb 2016 07:58
(ShareCast News) - Armadale Capital was looking to fully fund its Mpokoto Gold Project on Monday, having revealed some promising results from the feasibility study at the facility in the Democratic Republic of Congo. The AIM-traded investment firm, which focuses on natural resource projects in Afric
Read moreArmadale Capital shares up on gold progress
3rd Aug 2015 09:53
(ShareCast News) - Shares in Armadale Capital rose after the company outlined a plan to recover gold from its 678,000oz Mpokoto Gold Project in Congo At 0818 BST shares in the AIM listed stock were up 3.45% to 3.75p. Armadale said it expected to start mining out of the project in the first half of
Read moreArmadale Capital unveils "landmark" deal to fund Mpokoto Gold Project
8th Jun 2015 09:40
Shares in Armadale rocketed after the natural resources firm announced a "landmark" deal with the Africa Mining Contracting Services group (A-MCS), which will fund, develop and operate its Mpokoto Gold Project the Democratic Republic of Congo (DRC). Under the agreement, A-MCS will provide at least $
Read moreMpokoto gold project looks attractive, Armadale says
7th Apr 2014 12:50
AIM-listed resources investor Armadale Capital said that there was strong potential financial returns from a scoping study at the Mpokoto gold project, which has shown it to be a robust and low-cost development. The project, in which Armadale has the right to an 80% interest, is located in the Kat
Read moreArmadale raises funds for Mpokoto development via placing
12th Mar 2014 09:15
AIM-listed Armadale Capital, which is focused on natural resource projects in Africa, has placed 375m shares to raise funds for the continued development of the Mpokoto Gold Project in the Katanga Province of the Democratic Republic of the Congo. At 0.14p a share, the placing raised £485,000 after
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