Armada Metals Limited announced that the analysis of surface hand grab samples along the Ngongo-Yoyo Trend, extending 15km to 40km southeast of the Libonga-Matchiti Trend, has confirmed the presence of outcropping ultramafic intrusions with observed magmatic sulphides. Field investigations of two advanced exploration targets (Ngongo and Yoyo), both situated within licence G5-555, were undertaken in 2021. Outcropping ultramafic lithologies, at these targets were given priority for the initial field investigations as they are situated along-strike from the LMT where high-priority targets have been drilled in 2022.

The NYT is confirmed to be a complex, dynamic multi-phased magma conduit system, with crustal contamination having caused extensive sulphur saturation. The results extend the overall prospective trend, incorporating both the LMT and NYT, to over 60km. Exploration of the NYT will be included in further programs to commence as soon as possible, to assist in the direct detection of potential economic accumulations of magmatic sulphides.

Highlights: Surface hand-grab samples, collected along the Ngongo-Yoyo Trend (`NYT'), have confirmed the presence of outcropping ultramafic intrusions with observed magmatic sulphides for a further 40km southeast of the Libonga-Matchiti Trend (`LMT'), extending the overall potential trend to over 60km; Laboratory analysis of the samples has confirmed that the NYT is a complex, dynamic multi-phased magma conduit system, with crustal contamination having caused extensive sulphur saturation, with the source of the magma in the NYT magmatic system the same as the LMT; The data further support intrusion fertility for polymetallic magmatic mineralisation, and that this is a potentially emerging and regionally significant orogenic-associated magmatic sulphide province.