- Bamboo Rock has been appointed by Adavale Resources (ADD) to undertake a drilling program at the Kabanga Jirani nickel sulphide project in Tanzania
- The drilling contractors are an experienced African drilling company with a solid track record in the country
- Bamboo is well established in Tanzania with drill rigs, operators and maintenance support teams
- On market close for the day, Adavale is down 1.79 per cent and is trading at 5.5 cents per share
Adavale Resources (ADD) has awarded its maiden drilling contract for its Kabanga Jirani nickel sulphide project to Bamboo Rock.
Kabanga is a nickel sulphide project located along the Karagwe-Ankolean belt in Tanzania.
Bamboo Rock an experienced African drilling contractor with a proven track record of successfully delivering key projects across the continent.
The drilling contractors are well established with drill rigs, operators and maintenance support teams.
Adavale Chairman Grant Pierce says Bamboo has a solid track record in Tanazia.
“Their management team are well known to the Board and we look forward
to mobilisation of their rig in June,” he said.
“Whilst we continue to hone-in on key drill targets, we’ll be simultaneously working with Bamboo Rock management to ensure the rig starts turning on time and the program is executed with precision,” he added.
On market close for the day, Adavale is down 1.79 per cent and is trading at 5.5 cents per share.