Home East Africa RMC raises US$ 1 million for nickel exploration in Tanzania

RMC raises US$ 1 million for nickel exploration in Tanzania

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Resource Mining Corporation Limited (RMC), a prominent Australian-based battery minerals explorer has raised US$ one million to complete the exciting exploration programs currently in progress targeting sulphide nickel in Tanzania.

Resource Mining Corporation Limited, a prominent Australian-based battery minerals explorer has raised US$ one million to complete the exciting exploration programs currently in progress targeting sulphide nickel in Tanzania.

Resource Mining Corporation has been actively involved in several exploration projects in Tanzania, primarily focusing on nickel occurrences in sulphides within known and prolific mafic and ultramafic intrusions.

Kabanga North Nickel Project project is strategically located along the strike from the Kabanga Nickel Project. The Kabanga Nickel Project is noteworthy for its estimated mineral resource of 58 million tonnes with a nickel grade of 2.62%. This project showcases the potential of the region for significant nickel deposits.

Kapalagulu Project, spanning an impressive 32 km involves a mapped mafic/ultramafic sequence. Historical reports from this area have indicated the presence of nickel, PGE (Platinum Group Elements), and copper anomalism, making it a site of significant interest for Resource Mining Corporation.

Southern projects encompass three distinct areas – Liparamba, Kitai, and Mbinga. These sites were previously explored by industry giants like BHP/Albidon and Jacana Resources. The historical exploration data from these areas further underscores the potential for nickel discoveries.

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Resource Mining Corporation Limited is an independent Australian minerals company advancing a portfolio of prospective exploration projects focused on the definition of battery minerals in leading mining jurisdictions.The company has six prospective nickel projects in Tanzania and are currently exploring the Liparamba nickel project, where BHP / Albidon previously defined several significant nickel sulphide targets.