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

Quarterly Activities Report - June 2017
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Thick, high-grade cobalt-nickel intersections at Goongarrie South
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Upgraded Cobalt resources, Goongarrie South and Big Four
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Thick, high-grade Co-Ni intersections at Goongarrie South

Drill holes designed to provide metallurgical test work samples return broad, high-grade mineralisation, as expected.

  • Outstanding results, including:
    • AGSD0001, 131m at 0.10% cobalt and 1.06% nickel from 34m
    • AGSD0002, 54m at 0.11% cobalt and 1.52% nickel from 10.0m
    • AGSD0004, 39m at 0.20% cobalt and 1.35% nickel from 18.7m
  • Several high-grade zones within these thick intercepts, including:
    • AGSD0001, 7.2 m at 0.92% cobalt and 2.19% nickel from 95.6m
    • AGSD0004, 28 m at 0.27% cobalt and 1.57% nickel from 22m
  • Uniform mineral composition over entire thick mineable intercepts.
  • Consistency of results and goethite-dominant mineralisation provide for high-quality and stable plant feed for a future mining operation.
  • Pre-Feasibility Study hydro-metallurgical leach tests commence this week.

Read full Goongarrie South announcement (4 July 2017)

Upgraded Cobalt resources, Goongarrie South and Big Four

taking the KNP Cobalt Zone JORC 2012-compliant resource of 65.7 Mt at 0.13% cobalt and 0.79% nickel (reported using 0.08% cobalt lower cut-off) is for the KNP Cobalt Zone, a higher-grade cobalt-focused subset of the full KNP resource.

Read full cobalt resource announcement (28 June 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.