Armadale Capital hails 'highly encouraging' results from test-work programme on samples from Mahenge Liandu graphite project

Writer, Stock Market Wire
Thursday, August 22, 2019 - 09:51

Armadale Capital hailed 'highly encouraging' results from its metallurgical test-work programme on representative composite samples from its Mahenge Liandu graphite project in Tanzania.

'Results confirm high-quality graphite flake of up to 97.1% purity can be produced, further reinforcing and validating the Project’s robust economics,' the company said.

The metallurgical test-work outcome had supported ongoing discussions with prospective Chinese off-take and project finance partners, the company added.

Armadale Capital also said it had, ahead of schedule, moved into plant design work which was the next critical phase in the graphite project’s development.

At 9:51am: (LON:ACP) Armadale Capital PLC share price was +0.1p at 1.23p

Related content

Armadale Capital upgrades resource estimate at Tanzania graphite project

African natural resources project investor Armadale Capital recorded a 'meaningful' upgrade in the mineral resource estimate for its Mahenge Liandu graphite project in Tanzania.


Tue, 15/10/2019 - 13:44

Armadale Capital swings to modest profit after foreign exchange gain

Africa-focused mining project investor Armadale Capital posted a modest half-year profit after it made foreign exchange gains on an overseas operation.

Pre-tax profit for the...

Mon, 16/09/2019 - 13:16

Armadale Capital welcomes positive test results at Tanzania graphite project

Armadale Capital said assay results from a final drilling campaign at the Mahenge Liandu graphite project in Tanzania had confirmed high-grade near-surface mineralisation.

Highlights included...

Wed, 11/09/2019 - 14:56

Armadale Capital to analyse graphite concentrate quality at Tanzania project

Armadale Capital said it would carry out an additional analysis of the resource potential at its Mahenge Liandu graphite project in Tanzania.

The company said...

Wed, 04/09/2019 - 13:38

Armadale Capital eyes production ramp amid further signs of graphite at Mahenge Liandu mine

Armadale Capital said drilling results from its Mahenge Liandu mine confirmed signs of graphite, raising the prospect of increased production from the mine.


Wed, 28/08/2019 - 09:58