skip to content

Mt Zephyr Gold-Nickel Project ARL 100%

The Mt Zephyr Gold-Nickel Project is located in the Eastern Goldfields of Western Australia, another one of Australia’s great mineral provinces.

The Mt Zephyr-Darlot East metallogenic model for Ardea’s 910km² tenement holding is:

The Mt Zephyr project continues to be reviewed, with multiple early stage targets defined at the Gale gold, Jones A nickel sulphide and Dunn’s Line gold prospects. Ardea needs to consider the best strategy for this quality tenement portfolio with current options including introducing a joint venture partner with a strong balance sheet and track record of exploration success to accelerate this opportunity without impacting Ardea’s tight capital structure and cash balance.

Background

Mt Zephyr contains both primary gold and nickel mineralisation and encapsulates more than two thirds of an underexplored greenstone belt called Celia Lineament. The area east of the Celia Lineament is considered highly prospective for the following reasons:

Gale Project

(December 2019)