Ardea Resources Ltd. provides the Company's December 2018 Quarterly Activities Report. CORPORATE Cash position at end of Quarter of $12.2M with currently planned 2019 development and exploration activities fully funded. DEVELOPMENT Goongarrie Nickel Cobalt Project - Pilot plant trials produce nickel and cobalt sulphate - Strategic Partner discussions coordinated by KPMG continue. - Pit optimisations and neutralization [...]
Ardea Resources Ltd. provides the Company's AGM Presentation. Significant Progress in 2018 Building on the $50 Million spent by Vale and Heron on 2005-2009 PFS Geology - Resource upgrade at Goongarrie - Maiden reserve announced for Goongarrie - 47,239m of drilling to date by Ardea since listing Metallurgy - Variability and Rheology test work to date favourable - Pilot Plant testing successfully produced nickel and cobalt [...]
With the recent completion of drilling at the Goongarrie Nickel Cobalt Project , drill programs to test the highest priority gold and nickel sulphide targets in Ardea's extensive portfolio of Western Australian assets can commence shortly. Target generation programs covering Ardea's WA gold projects, particularly at Mount Zephyr and the Bardoc Tectonic Zone has highlighted numerous high-quality, gold prospects that [...]
Ardea Resources Ltd. advises that it has revised the development timetable for the Goongarrie Nickel Cobalt Project in order to deliver the best value for shareholders from the Strategic Partner process, where several discussions are current. While the Company remains focussed on systematically advancing the flagship Goongarrie Project, the full Definitive Feasibility Study will only be completed once a suitable Strategic [...]
Ardea Resources Ltd. announces results of metallurgical test work show excellent recovery of base and precious metals into two concentrate streams. - Lewis Ponds is a zinc-gold-silver-lead-copper deposit in the prospective Lachlan Fold Belt of NSW - It is viewed as a bulk-tonnage base and precious metal opportunity, amenable to simple metallurgical gravity and flotation processing - Metallurgical test work comprising [...]
Ardea Resources Ltd. provides the Company's September 2018 Quarterly Activities Report. DEVELOPMENT Goongarrie Nickel Cobalt Project - First pilot plant run successful - Goongarrie goethite ore delivers excellent performance with on-specification nickel and cobalt sulphate produced. - Finalisation of EPA referral underway with programs for Goongarrie flora, fauna, hydrology, geotechnical design and material [...]
Ardea Resources is pleased to announce that it has taken a major step forward in the development of the Goongarrie Nickel Cobalt Project with the pilot plant trial producing crystalline battery-grade nickel and cobalt sulphate. - Ardea pilot plant testing has successfully produced nickel and cobalt sulphate crystals - Crystals meet specifications of several battery industry off-takers - Marketing samples can now be [...]
Ardea Resources Ltd. provides the Company's Annual Report to shareholders. Chairman's Letter to Shareholders 2018 Dear Shareholders, On behalf of the Directors of Ardea Resources Ltd. I am pleased to report on the Company's activities over the past year. Ardea has made significant progress in advancing the Goongarrie Nickel Cobalt Project towards development. In March 2018 the results of the Pre-Feasibility Study for both [...]
Ardea Resources Ltd. provides the Company's presentation to the Australian Nickel Conference. Investment Summary - Advanced Australian nickel and cobalt project at Goongarrie o 141,912 m of RC drilling completed, plus diamond and sonic drilling for bulk metallurgy samples o The Goongarrie Mineral Resource contains 1.5 million tonnes of nickel and 130,700 tonnes of cobalt - Prefeasibility Study completed o 1Mtpa and [...]
Ardea Resources Ltd. announces Recent drilling results from the Pamela Jean Deeps confirm and extend the deeper high-grade mineralization. This zone is scheduled as the mining target during the payback period, to enhance project economics. - Ongoing Definitive Feasibility Study drilling program confirms high-grade intercepts at the Pamela Jean Deeps orebody. o AGSR419 112m at 1.30% Ni, 0.26% Co, 31g/t Sc from 30m o [...]
Ardea Resources Ltd. announces exceptional gold-silver rock chip results at Black Bullock Prospect, NSW. - First-pass rock chip sampling at the historic Black Bullock mining area records exceptional assay results: o Up to 38 g/t gold and 348 g/t silver. o Significant samples have greater than 1 g/t gold. o Several centres of workings located, largely obscured by soil cover and pine plantations. - Historic mining area with [...]
Ardea Resources provides the Company's latest presentation at Diggers & Dealers, Kalgoorlie. The Ardea Value Proposition - The 100%-owned Goongarrie Nickel Cobalt Project is part of the largest Cobalt Resource in the Developed World o 773Mt at 0.7% Ni and 0.05% Co - Potentially a multi-decade producer of high-quality nickel and cobalt sulphate - 100% offtake available - 1.0Mtpa base case PFS demonstrates a low-capital [...]
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