Adavale Resources Limited (ASX:ADD)
Adavale Resources Limited is an Australia-based company, which is engaged in mining exploration and development in Australia and Africa. The Company's projects include Kabanga Jirani Nickel Project and Lake Surprise Uranium Project. The Kabanga Jirani Nickel Project area is located in Kagera, Tanzania. The Company holds seven granted licenses and with a total area of approximately 1,145 kilometers (kms), surrounding with Kabanga Nickel Deposit, which is located along the Karagwe-Ankolean system in Tanzania. Kabanga Nickel Deposit has nickel sulphide resources of 58 megatonne @2.62% Nickel. The Lake Surprise Project area is located in South Australia, approximately 550 kms north of Adelaide and 70 kms East of Marree. The Company holds three tenements, EL5892, EL5893, and EL6598 with a total area of approximately 396 square kilometers.