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Ardea Resources Limited

Critical Minerals

Critical minerals are metals and non-metals that are considered vital for the economic well-being of the world's major and emerging economies, yet whose supply may be at risk due to geological scarcity, geopolitical issues, trade policy or other factors. Among these important minerals are metals and semi-metals used in the manufacture of mobile phones, flat screen monitors, wind turbines, electric cars, solar panels, and many other high-tech applications.

The minerals ranked as most critical by the United States, Japan, Republic of Korea, and the European Union including the United Kingdom, are as follows (ranked by Geoscience Australia based on synthesis of individual country rankings):

Rare-earth elements (REE), gallium (Ga), indium (In), tungsten (W), platinum-group elements (PGE) including platinum (Pt) and palladium (Pd), cobalt (Co), niobium (Nb), magnesium (Mg), molybdenum (Mo), antimony (Sb), lithium (Li), vanadium (V), nickel (Ni), tantalum (Ta), tellurium (Te), chromium (Cr) and manganese (Mn).

Geoscience Australia

Ardea’s Project portfolio is abundant with the key minerals which are sources of Ni, Co, Au, Sc and REE.

Nickel and Cobalt - Kalgoorlie Nickel Project including the Goongarrie Nickel Cobalt Project

Sc and REE are like to be produced as by-products of the Ni and Co mining and processing at Goongarrie.

Gold (Au) mineralisation is associated with major crustal scale geological structures within the Kalgoorlie Nickel Project tenements such as the Bardoc Tectonic Zone, Mount Monger/Goddard Fault, Keith Kilkenny Lineament and Laverton Tectonic Zone. All of these structures are responsible for hosting millions of ounces of gold within the Eastern Goldfields of Western Australia.