Armada Metals's share price history, market cap, and detailed financials.
Armada Metals Ltd (ASX: AMM) was established to define new belt-scale discovery opportunities for key commodities, principally nickel and copper, in under-explored regions of Africa.
With over $10M spent prospecting an area of around 16,000 km2 in the Nyanga province of southern Gabon, Armada has identified an area of 3,000 km2 representing a multi-target project opportunity for magmatic Ni-Cu sulphides where the first drill holes will be completed in 2022. Armada is supported by an experienced Board of Directors and an African-based technical team - both with a proven track record of successful exploration and discovery in Africa.
Key members of the Armada targeting team were awarded the 2015 PDAC Thayer Lindsley Award for an International Mineral Discovery as members of Ivanhoe Mines major Kamoa discovery in the Democratic Republic of the Congo.