The Bend Nickel Project, which contains the historically-drilled Bend Nickel Deposit, is located along the eastern margin of the Kalahari Craton.
Armada has the right to earn into an initial 50% of the Bend Nickel Project, increasing to 80% via a two-stage earn-in process.
The Project covers an area of approximately 12km2, within which the Bend Nickel Deposit is located.
The Bend Nickel Deposit was initially discovered by Anglo-American Prospecting Ventures in 1971, and subsequently drilled in the 1990s, with significant nickel intercepts reported from these programs.
The granted tenement includes the highly prospective contact between the Bend and Reliance Formations within the Belingwe Greenstone Belt. The Reliance Formation hosts the Bend Nickel Deposit, associated with the base of ultramafic units within the Reliance Formation.
Historic work includes surface geochemistry, trenching, percussion drilling, ground geophysics and early-stage diamond drilling.
"ARMADA’S AIM IS TO APPLY THE TECHNICAL TEAM’S EXPERIENCE AND RAPIDLY DEPLOY THE COMPANYS MAGMATIC SYSTEMS TOOLKIT TO FASTTRACK EXPLORATION AND DRILLING AT THE ADAVANCED DRILL-READY BEND NICKEL PROJECT."
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