- 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 5 metres of 19.8% total graphite content from 1 metre depth.

The company said a geological team was confident of possessing sufficient data points to fully define a mineral resource update.

At 2:56pm: [LON:ACP] Armadale Capital PLC share price was +0.11p at 1.88p

Story provided by