Ardea Resources Limited
is a focused developer
and explorer.

  • High quality suite of development and exploration assets.
  • Focus on advanced-stage development projects cobalt and zinc-gold.
  • Drilling and feasibility programs underway at two projects with near-term news flow.
  • Shareholder returns to be maximised by on-the-ground activity.

About us

Share Purchase Plan offer documents
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Exceptional acid leach extraction results - KNP Cobalt Zone
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Company Presentation - Update August 2017
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Exceptional acid leach extraction results - KNP Cobalt Zone

Over 98% extraction of cobalt and nickel at atmospheric conditions, and KNP resource update.

  • Initial KNP Cobalt Zone acid leach test work shows exceptional results on Goongarrie South run-of-mine drill core samples:
    • Lab-scale atmospheric hydrochloric acid leach extracts over 98% of cobalt and nickel, and over 92% of scandium
    • Genuine alternative to the costly High Pressure Acid Leach (HPAL) processing technique.
    • Early stage results, with further testing current.
  • Cobalt-based resource upgrades for Scotia Dam and Black Range enter final stage before completion.
  • Nickel-based resource update for the entire KNP:
    • 773.0 Mt at 0.05% cobalt and 0.70% nickel
    • 405,000 tonnes contained cobalt, 5.46 million tonnes contained nickel
    • Further updates expected as remodelling progresses.
  • Lewis Ponds metallurgical testing is progressing, showing potential effectiveness of Dense Media Separation. Work is ongoing.

Read full announcement (7 August 2017)

Targeted, intensive exploration

Ardea aim to increase shareholder value through a targeted and intensive exploration program. The Company plans to spend up to A$5 million mainly on drilling over two years on currently defined targets. A focused evaluation of each of the Company’s four leading projects to assess and rank development priorities will be undertaken.